(Update) Kioxia Makes Solid Stock Market Debut

(Update) Kioxia Makes Solid Stock Market Debut

Kioxia Holdings President Nobuo Hayasaka smiles after ringing a bell at the ceremony for the chipmaker's debut on the Tokyo Stock Exchange on Wednesday.
Kioxia Holdings President Nobuo Hayasaka smiles after ringing a bell at the ceremony for the chipmaker's debut on the Tokyo Stock Exchange on Wednesday.

   Tokyo, Dec. 18 (Jiji Press)--Japanese chipmaker Kioxia Holdings Corp. made a solid debut on the Tokyo Stock Exchange on Wednesday, becoming the second-largest IPO in Japan this year after Tokyo Metro Co.'s listing in October.
   Kioxia fetched a first quotation of 1,440 yen on the TSE's top-tier Prime section, putting its market capitalization at 776.2 billion yen. Although the first quotation was below the initial offering price of 1,455 yen, the stock attracted buying in the afternoon to close at 1,601 yen.

To read a full story, please click here to find out how to subscribe.

(C)JIJI PRESS LTD., All rights reserved.