Employees at the SMIC plant in Beijing. Photo: Imaginechina

China’s biggest chip maker, SMIC, to withdraw from New York Stock Exchange as trade spat with US spills over to technology sector

  • The sudden delisting comes as Washington steps up efforts to cut off US technology from China
  • Company attributes move to low US trading volumes and the high cost of an NYSE listing
Topic |   US-China tech war

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Employees at the SMIC plant in Beijing. Photo: Imaginechina
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Zhang Shidong

Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.