Xiaomi And Alibaba-Backed Chipmaker ASR Microelectronics Nets CNY 6.88Bn In Shanghai IPO Markets

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News Snapshot: ASR Microelectronics issued 41.83 million shares at CNY 164.54 apiece in its Shanghai STAR Market IPO. In 2020, the company's revenue was CNY 1.08 billion, an 172% year-on-year increase.

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