Saturday, July 11, 2020

China's biggest chipmaker SMIC, a key player in the country's semiconductor ambitions, kicked off a $6.6B share sale on Tuesday in Shanghai (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
China's biggest chipmaker SMIC, a key player in the country's semiconductor ambitions, kicked off a $6.6B share sale on Tuesday in Shanghai  —  - SMIC, China's biggest chipmaker, kicked off a major 46.28 billion yuan ($6.6 billion) share sale on Tuesday.  — The contract semiconductor manufacturer …



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Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)

Reuters : Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly...