SMIC Prices Its Star Market IPO at CNY 27.46 per Share
SMIC will conduct online and offline subscriptions on July 7th at the issuance price of CNY 27.46 per share.
The price is 4.56% discounted from the latest closing price in the Hong Kong market. Considering the high valuation of stocks in the Star Market, the IPO of SMIC this time will help it increase R&D investment, improving competitiveness.
This text is a result of machine translation.
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