China’s Biggest Automotive Chip Maker IPO Efforts Suspended by Government Crackdown
Chinese electric vehicle (EV) maker BYD has a semiconductor division named BYD Semiconductor, which had plans to go public on the Shenzen Stock Exchange. Originally filled for initial public offering (IPO), BYD Semiconductor wanted to start trading publicly as soon as possible, however, IPO efforts were stopped by the government crackdown on business. According to…
