More than 130 companies have raised funds on Shanghai’s Star Market since its launch in July 2019. Photo: AP Photo More than 130 companies have raised funds on Shanghai’s Star Market since its launch in July 2019. Photo: AP Photo
More than 130 companies have raised funds on Shanghai’s Star Market since its launch in July 2019. Photo: AP Photo
Business /  Markets

After SMIC’s stellar debut, Chinese AI chip maker Cambricon Technologies soars 350 per cent in Shanghai

  • Cambricon’s gains make it the seventh-largest company on the Star Market
  • Company unlikely to post profit until 2022 amid rapidly increasing R&D expenses

Topic |   China technology
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 4:12am, 3 Feb, 2021

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More than 130 companies have raised funds on Shanghai’s Star Market since its launch in July 2019. Photo: AP Photo More than 130 companies have raised funds on Shanghai’s Star Market since its launch in July 2019. Photo: AP Photo
More than 130 companies have raised funds on Shanghai’s Star Market since its launch in July 2019. Photo: AP Photo
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