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Read More »Chinese chip giant SMIC to delist from NYSE following Huawei ban
China’s largest chipmaker plans to delist from the New York Stock Exchange. Semiconductor Manufacturing International Corporation (SMIC) cited limited trading volumes in the US in comparison to the rest of the world as the reason for delisting, according to the South China Morning post on Friday. SMIC also said “the significant administrative burden and costs of maintaining the listing” on …
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