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Shares in SMIC tumble after Reuters scoops news of big capital raising plan 03.19.2010 Shares in China’s top contract chipmaker SMIC fell as much as 4.8 percent after Reuters exclusively reported on March 19 that the company was looking to raise up to $500 million in a placement or convertible bond. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Shares in SMIC tumble after Reuters scoops news of big capital raising plan

03.19.2010

Shares in China’s top contract chipmaker SMIC fell as much as 4.8 percent after Reuters exclusively reported on March 19 that the company was looking to raise up to $500 million in a placement or convertible bond.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here