WiMi Hologram Cloud surges as H1 revenue more than triples

WiMi Hologram Cloud

22/09/2021 17:55

** U.S.-listed shares of Chinese augmented reality firm
 WIMI.O  jump as much as 48% to touch a near 3-month high of
$5.23 
    ** WIMI last up ~26% at $4.43, set for best day since Oct.
2020
    ** Co's revenue for the first half of 2021 more than tripled
to 516.2 million yuan ($79.93 million) urn:newsml:reuters.com:*:nPnvS19Wa
    ** WIMI, which started developing smart chips and software
solutions last year, says about 53.1% of H1 revenue came from
co's semiconductor business
    ** Including session gains, WIMI down ~17% this year 


($1 = 6.4583 Chinese yuan renminbi)

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))