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)

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) https://ift.tt/3fBBH7k

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.


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