China IPO digest: DKEM raises $56m on ChiNext; Crastal Tech seeks $45m

China IPO digest: DKEM raises $56m on ChiNext; Crastal Tech seeks $45m

Shenzhen, China. Photo by Robert Bye on Unsplash

Chinese electronic materials supplier DK Electronic Materials (DKEM) has raised $56 million in an initial public offering (IPO) on the ChiNext market, while home appliances supplier Crastal Technology is all set for its bell-ringing ceremony this Friday.