Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO (Bloomberg)

Bloomberg:

Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO  —  – China business accounts for more than 40% of revenue, CEO said  — Investment for mature chip fabs likely remain solid next year