• 11/30/2024

Tech war: China’s second largest chip maker sets Shanghai listing price at hefty premium to Hong Kong as big state investors rush to subscribe

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hua Hong Semiconductor is selling its Shanghai shares at a hefty premium over its Hong Kong stock price, taking advantage of state investors keen to show support for Beijing’s semiconductor self-sufficiency drive.

https://www.scmp.com/tech/big-tech/article/3228827/tech-war-chinas-second-largest-chip-maker-sets-shanghai-listing-price-hefty-premium-hong-kong-big?utm_source=rss_feed