SMIC, a key player in China's ambitions to boost its semiconductor industry, saw its shares surge 245% at the open in Shanghai debut after raising $6.62B (Arjun Kharpal/CNBC)

SMIC, a key player in China's ambitions to boost its semiconductor industry, saw its shares surge 245% at the open in Shanghai debut after raising $6.62B (Arjun Kharpal/CNBC)


Arjun Kharpal / CNBC:

SMIC, a key player in China’s ambitions to boost its semiconductor industry, saw its shares surge 245% at the open in Shanghai debut after raising $6.62B  —  – SMIC, China’s biggest chipmaker, saw its shares surge 245% at the open on its first day of trade in Shanghai.

SMIC, a key player in China's ambitions to boost its semiconductor industry, saw its shares surge 245% at the open in Shanghai debut after raising .62B (Arjun Kharpal/CNBC)
Source: Tech Meme