YMTC STAR Market IPO review officially accepted
• According to the Shanghai Stock Exchange, the review status for YMTC’s proposed IPO and listing on the STAR Market has been updated to “Accepted (已受理).”
• Planned issuance: 1.98–2.43 billion shares
• Fundraising target: RMB 33.0 billion
RMB 20.8 billion for upgrading and expanding mass-production lines
RMB 12.2 billion for R&D
COMPETITION ANNOUNCEMENT:
If Ombudsman wins the Juddmonte international, I’ll give one of my lucky followers £100. If Maltese Cross makes it a double, I’ll double to £200. If Minnie Hauk makes it a treble, will be £300.
To enter, please follow me and re-tweet this. Winner to be announced Saturday!!
🩷💚 BLUE BOLT 🩷💚
🏆 Falmouth Stakes (Group 1)
🏆 Prix Rothschild (Group 1)
🏆 Duke Of Cambridge Stakes (Group 2)
🏆 Conqueror Fillies' Stakes (Listed)
🏆 Coral Distaff (Listed)
Andrew Balding has another Juddmonte superstar on his hands ⭐️
BOW ECHO REMAINS UNBEATEN!! 💛🖤
🥇 Six starts six incredible wins
💷 £1,649,995 in prize money
🇬🇧 G1 2000 Guineas
🎩 G1 St James Palace Stakes
🤩 G1 Sussex Stakes
The Night Of Thunder colt enters the SUPERSTAR category for @gbougheyracing and Billy Loughnane!! 😍 🌟 🏆
Global investors are selling South Korean stocks at a record pace:
Foreign investors sold -$110 billion in South Korean equities year-to-date, the largest sale at this point in the year on record.
Outflows have more than doubled since the start of May.
By comparison, the previous full-year record over the last 7 years was -$22 billion in 2021.
In June alone, foreign investors sold -$31 billion in Korean equities, the largest monthly outflow in history.
Meanwhile, domestic retail and institutional investors have purchased +$60 billion and +$15 billion of South Korean stocks since the start of May, respectively.
The foreign investor exodus from South Korea is accelerating.