SMIC Raises Capital from Datang and CIC

Posted on 08/26/2014


Shanghai-based Semiconductor Manufacturing International Corporation (SMIC) is raising capital from investors. SMIC has plans to offer senior bonds and preferred shares to Datang Telecom Technology & Industry Holdings Co., Ltd. In addition, SMIC has sold preferred shares to Country Hill, a sovereign wealth enterprise of the China Investment Corporation (CIC). Country Hill is subscribing to […]

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