By Chris Wack Future FinTech Group Inc. said it signed an equity acquisition term sheet to buy 51% of the equity of Shanghai Dianfa Internet Technology ... ( read original story ...)
Top chipmaker to invest $8.9 billion in Shanghai plant
Semiconductor Manufacturing International's mature-node chips could be targeted at the auto industry, which is struggling with an endemic shortage of the semiconductors to power EVs and in-car systems ... ( read original story ...)
SMIC to build $8.87bn Shanghai chip plant in challenge to TSMC
China's top chipmaker said on Friday that it will build a nearly $9 billion chip plant in Shanghai, challenging global leader Taiwan Semiconductor Manufacturing Co. amid an industrywide rush to expand ... ( read original story ...)
China’s SMIC to invest $8.87 bln for new chip plant in Shanghai
China's Semiconductor Manufacturing International Corp (0981.HK) will invest $8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid a global chip shortage as ... ( read original story ...)
Top China Chipmaker to Invest $8.9 Billion in Shanghai Plant
Semiconductor Manufacturing International Corp. aims to spend $8.87 billion building a new plant on the outskirts of Shanghai, a major expansion in capacity at a time China’s trying to build a ... ( read original story ...)
Shanghai Supezet Engineering Technology’s IPO to debut on SSE STAR Market
Shanghai Supezet Engineering Technology (688121) to start trading on the Shanghai Stock Exchange's STAR Market Sep 6, next Monday. The firm has issued 50.67 mln shares priced at RMB 18.16 per share ... ( read original story ...)
Shanghai Comp: Break above 3624/29 to open the way towards 3810 and beyond – Credit Suisse
Shanghai Composite has broken a cluster of resistances at 3532/56, including its downtrend from April and key price/gap resistance. Consequently, the index is threatening to break higher from its ... ( read original story ...)