2020年7月16日 星期四

SMIC shares soar 245%; raises $6.6bn

SMIC shares soared 245% on the Shanghai STAR market earlier today as SMIC issued 1,685,620,000 shares raising $6.62 billion. Before the sale it was said that China’s state-run funds would be buying in the share sale. The money raised is said to be going into process improvement. SMIC’s best process is 14nm. However SMIC warned ...

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