This week, the A-share market experienced a surge in cross-border mergers and acquisitions (M&A), with a number of listed companies making their foray into the semiconductor sector through strategic acquisitions. On November 16, Heshun Petroleum unveiled its intention to gain control of Shanghai Corelink Integrated Circuit Design Co., Ltd. by means of equity acquisition and capital injection. Corelink Technology is a specialist in high-speed interface IP and Chiplet solutions, with its products finding applications in data centers, AI, and various other domains. Furthermore, instances like Moore Smart Chip's proposed acquisition of Hesheng New Materials and Zhonglian Development's planned takeover of Longteng Semiconductor all underscore the semiconductor industry's emergence as a sought-after arena for cross-border M&A activities.
