- SMIC Announces STAR Market Listing on July 16
On the evening of July 14, SMIC issued an announcement that the company's shares will be listed on the STAR Market on July 16. If nothing unexpected happens, they will soon become the first domestic semiconductor stock.
SMIC's listing on the STAR Market is of great significance:
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Financing scale: SMIC plans to raise 46.287 billion yuan, setting a new record for the STAR Market.
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Technology advancement: The funds raised will be used for advanced process R&D and production line construction.
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Industry benchmark: As the largest foundry in mainland China, SMIC's listing will drive the development of the domestic semiconductor industry.
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Market impact: SMIC's return to A-shares will enhance the status of the domestic capital market in the global semiconductor industry.
