China chipmakers line up $8bn via IPOs in comeback from U.S. curbs

Domestic sales grow as companies focus on mature tech to skirt sanctions

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Chinese chipmaker Huahong Group expects to raise more than $2 billion when it lists on Shanghai's STAR market. (Photo by Shunsuke Tabeta)

SHUNSUKE TABETA, Nikkei staff writer

SHANGHAI -- Chinese semiconductor manufacturers expect to raise over $8 billion from stock market listings so far this year, looking to expand output capacity to bounce back from a market downturn and U.S. export curbs.

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