Hua Hong Semiconductor Limited (OTCMKTS:HHUSF – Get Free Report)’s stock price shot up 26.8% during trading on Tuesday . The company traded as high as C$2.54 and last traded at C$2.54. 4,340 shares changed hands during mid-day trading, an increase of 250% from the average session volume of 1,240 shares. The stock had previously closed […]
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(CTN News) - According to a government-run body, China is establishing its largest-ever semiconductor state investment fund to further its dominance in future
China Sets Up Third Fund With $47.5B to Boost Semiconductor Sector newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.
China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run companies registry, Azernews reports citing Reuters.