China's semiconductor companies speed up IPOs in 2026, as A-share market fuels bid for chip self-reliance

July 6, 2026 -

By Qi Xijia, globaltimes.cn

Driven by surging demand for AI computing power, Chinese semiconductor-related enterprises are speeding up their IPOs. This year's IPO boom across the domestic chip sector mirrors the vibrant growth of China's future industries and the country's push for technological self-reliance, an industry expert said.

In the latest development, the Shanghai Stock Exchange (SSE) disclosed on Tuesday that it has accepted the STAR Market IPO filing of XPHOR, a Shanghai-based silicon photonics company. Focused on high-performance silicon photonic integrated chips, the firm plans to raise 2.43 billion yuan (357.75 million) through its IPO.
Driven by surging demand for AI computing power, Chinese semiconductor-related enterprises are speeding up their IPOs. This year's IPO boom across the domestic chip sector mirrors the vibrant growth of China's future industries and the country's push for technological self-reliance, an industry expert said.

In the latest development, the Shanghai Stock Exchange (SSE) disclosed on Tuesday that it has accepted the STAR Market IPO filing of XPHOR, a Shanghai-based silicon photonics company. Focused on high-performance silicon photonic integrated chips, the firm plans to raise 2.43 billion yuan (357.75 million) through its IPO.

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