Huahong Semiconductor's Shares Drop by Almost 10% Amid Plan to Acquire Controlling Stake in Huali Microelectronics via Share Issuance and Cash Payment
2025-08-18 / Read about 0 minute
Author:小编   

In a move aimed at addressing horizontal competition concerns, Huahong Semiconductor has announced its intention to acquire a controlling stake in Shanghai Huali Microelectronics through a combination of share issuance and cash payment. This development has caused the company's share price to plummet by nearly 10%.