On May 21, SMIC announced that on May 21, 2026, the company received a reply from the China Securities Regulatory Commission (CSRC) regarding the approval of its application for the issuance of shares to purchase assets. The CSRC approved the company's issuance of 357,343,396 shares to the National Integrated Circuit Industry Investment Fund Co., Ltd., 100,502,830 shares to Beijing Integrated Circuit Manufacturing and Equipment Equity Investment Center (Limited Partnership), 64,210,141 shares to Beijing E-Town International Investment and Development Co., Ltd., 12,562,853 shares to Zhongguancun Development Group Co., Ltd., and 12,562,853 shares to Beijing Industrial Development Investment Management Co., Ltd. for the purchase of related assets.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
SMIC: Approval Received from CSRC for Acquisition of 49% Stake in SMIC North
-
Wechat scan to share
Recommended for you
-
Nasdaq Golden Dragon China Index Falls Over 3%
On May 21, the Nasdaq Golden Dragon China Index fell over 3%, with Beike down 7.42%, Youdao down 6.33%, NetEase down 6.03%, Kingsoft Cloud down 5.95%, and GDS Holdings down 5.73%. -
Nvidia Stock Price Turns Down to 2%
On May 21, Nvidia's stock price decline expanded to 2%, after previously rising by 1.5%. -
Turkey's Stock Market Plummets, Triggering Market-Wide Circuit Breaker
On May 21, the Istanbul Stock Exchange in Turkey triggered a market-wide circuit breaker after major stock indices fell by as much as 6%. -
International Oil Prices Continue to Rise
On May 21, U.S. and Brent crude oil prices continued to rise in the U.S. market, with WTI crude reaching $106 per barrel, up 3.39% for the day. Brent crude is currently reported at $105.81 per barrel, up 3.26% for the day. (Jinshi) -
Report: Bitcoin Shows Signs of Repeating 2022 Trading Patterns
On May 21, CryptoQuant stated in a report that Bitcoin's recent price movements resemble those from over four years ago. CryptoQuant noted that Bitcoin's recent rise to around $82,000 is similar to a surge seen back in early 2022, when Bitcoin started at approximately $44,000 and climbed to over $72,000, the then historical high, by March of that year. Subsequently, Bitcoin fell back to around $16,000 before gradually recovering, reaching a near historical high of nearly $125,000 last October. CryptoQuant believes a similar situation may occur now. 'As stagnant stablecoin liquidity and negative price momentum simultaneously erode comprehensive signals, CryptoQuant's bullish score index has fallen from 40 to 20, entering an extremely bearish zone,' CryptoQuant stated. -
U.S. Stock Indices Open Lower
On May 21, U.S. stock markets opened with the Dow Jones down 0.27%, the S&P 500 down 0.39%, and the Nasdaq down 0.5%. Microsoft (MSFT.O) rose 1.1% amid reports that Anthropic is in talks to use its artificial intelligence chips. U.S. Rare Earths (USAR.O) increased by 2.7% as the company was selected for a pilot rare earth processing project by the U.S. Department of Energy. IBM (IBM.N) saw a 3% rise, as the company is set to receive $1 billion in government funding to advance quantum computing. NIO Inc. (NIO.N) surged 5%, reporting a 112.2% year-over-year increase in revenue for the first quarter. -
U.S. Stock Indices Open Lower
On May 21, U.S. stocks opened with the Dow Jones down 0.27%, the S&P 500 down 0.39%, and the Nasdaq down 0.5%. Microsoft (MSFT.O) rose 1.1% amid reports that Anthropic is in talks to use its artificial intelligence chips. U.S. Rare Earths (USAR.O) increased by 2.7% after being selected for a pilot rare earth processing project by the U.S. Department of Energy. IBM (IBM.N) saw a 3% rise as the company is set to receive $1 billion in U.S. government funding to advance quantum computing development. NIO Inc. (NIO.N) rose by 5%, reporting a 112.2% year-on-year increase in revenue for the first quarter. -
BTC Falls Below $77,000
Market data shows that BTC has fallen below $77,000, currently priced at $76,976.12, with a 24-hour decline of 0.06%. The market is experiencing significant volatility, so please ensure proper risk management. -
Nasdaq China Golden Dragon Index Drops Nearly 3%
On May 21, the Nasdaq China Golden Dragon Index saw an expanded decline, currently down 2.84%, with the latest reading at 6,568 points. -
Anthropic in Talks to Lease Microsoft AI Chips
On May 21, according to two executives who spoke with individuals involved in the discussions, Anthropic is in talks to lease AI server chips designed by Microsoft in order to seek higher computing power to meet its growing AI demands.
Daily Must-Read
-
Faith completely withdraws: ETH's strongest bulls clear their positions and leave, Ethereum's narrative collapses completely
-
On the eve of the tech IPO boom, Polymarket teamed up with Nasdaq to launch a comeback and counterattack
-
The Implementation of the CLARITY Act: Compliance Breaks and Decentralization Tests in the Cryptocurrency Industry
-
Meta's largest restructuring in history: 8000 layoffs in the early hours of the morning, 7000 people transferred to AI, an organizational revolution centered on AI
-
Bitwise CIO makes bold statement: Hyperliquid and HYPE are severely undervalued, with potential far exceeding market recognition
-
Jerome Powell Takes Over as Fed Chair: Expectations for Interest Rate Cuts Reversed? An Analysis of Multiple Policy Changes and Their Market Impacts
All Comments