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
BREAKING: SMIC, China's biggest chipmaker, listed shares in Shanghai today. They surged 245% at the open. SMIC is a key player in China's push to boost its domestic semiconductor industry, a move that has been accelerated by the trade war https://www.cnbc.com/...