Cambricon's Shares Soar by 288% in Pre-Market Trading in Shanghai
Cambricon (688256:SH), which develops hardware powering machine intelligence, saw its newly-listed Star Market stock surging by 288% in pre-market trading in Shanghai on July 20.
The company filed for an IPO in March and was approved by the local market watchdog -- CSRC -- in June 2020.
Cambricon is yet to break even.
This text is a result of machine translation.
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