SMIC Delisting Raises Question Mark Over China Tech
May 30, 2019
SMIC’s delisting of its American Depositary Receipts from the NYSE is prompting people to ask: Is this the first of other delistings of China chip stocks?
The question is being asked because SMIC’s shares have largely been ignored by investors.
And the reason for that is seen as SMIC’s inability to offer leading edge processes. Its best process is still the eight year-old 28nm.
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