VCG. Hua Hong Semiconductor, China's second-largest chip foundry, announced on Monday that it aims to raise up to 21.2 billion yuan ($ ... ( read original story ...)
Stock market today: World shares mixed as investors watch for Fed rate hike
World shares are mixed as investors cautiously await another interest rate hike by the Federal Reserve. Benchmarks rose in Tokyo and Frankfurt but fell in Paris and Shanghai. London was flat. U.S. ( read original story ...)
Hua Hong plans to strengthen automotive chip portfolio with China’s biggest IPO this year
Shanghai-based Hua Hong Semiconductor has revealed its plan to raise CNY21.20 billion (US$2.95 billion) through an initial public offering on Shanghai's STAR board. The foundry aims to sell 407.75 ... ( read original story ...)
China c.bank sells cash deposits at record low, more easing seen
SHANGHAI/SINGAPORE, July 24 (Reuters) - China's central bank sold cash deposits at 2%, the lowest on record, pressured by reductions in deposit rates at commercial lenders and market expectations of ... ( read original story ...)
China’s yuan eases ahead of Politburo and global central bank meetings
SHANGHAI/SINGAPORE: China’s yuan eased against the dollar on Monday, as corporate demand for the greenback offset ... ( read original story ...)
Hua Hong Semiconductor Plans to Raise Close to $3.0 Billon in Chinese IPO
Chinese chipmaker Hua Hong Semiconductor plans to raise $2.95 billion through an initial public offering on Shanghai’s STAR board on Tuesday. ( read original story ...)
China central bank sells cash deposits at record low, more easing seen
SHANGHAI/SINGAPORE: China’s central bank sold cash deposits at 2%, the lowest on record, pressured by reductions ... ( read original story ...)