Xinmin Evening News (Chief Reporter Lian Jianming) The eye-catching SMIC was listed on the Science and Technology Innovation Board today, opening at 95 yuan in the morning, with an increase of up to 245.96%, becoming the largest stock with the market value of the Science and Technology Innovation Board, and is the highest technology stock in the A-share market.
SMIC is one of the world's leading integrated circuit wafer foundry companies, and it is also the most advanced technology, largest scale, most complete supporting services, and multinational operations in mainland China. This time, it was listed on the Science and Technology Innovation Board as a red chip stock, setting a number of records: it only took 19 days from the Shanghai Stock Exchange to the meeting, setting a record for the fastest review of the Science and Technology Innovation Board. By July 7, it will only take 37 days to apply online, and it can be said to be the fastest IPO in history. SMIC issuance price is 27.46 yuan. After the over-allotment option is fully exercised, the issuance volume is 1.938 billion shares and 53.23 billion yuan is raised. It is not only the company with the largest financing scale on the Science and Technology Innovation Board, but also the largest IPO in A-shares in 10 years. SMIC has a face value of US$0.004, and is the first stock in the A-share market to trade in RMB with US$ as its face value.
's return to A-shares has made SMIC widely concerned and sought after the market. Since May, the company's Hong Kong stock market has risen by about 160%.
SMIC was listed today, with an opening price of 95 yuan in the morning, up 67.54 yuan from the issue price, an increase of 245.96%. As the stock price exceeded market expectations, and today's outstanding shares exceeded 1 billion shares, the selling pressure was heavy. After the opening, the stock price fell to a low of 80 yuan, and then rebounded and finally closed at 87.98 yuan in the morning. In this way, the total market value of SMIC is as high as 627.8 billion yuan, becoming the company with the largest market value on the Science and Technology Innovation Board. At the same time, the market value surpasses CATL and becomes the technology stock with the highest market value in A-shares. It ranks 11th in the total market value of A-shares, lower than China Petroleum and higher than China Petroleum .
