Hua Hong, the Shanghai foundry, raised its target amount of $2.96 billion on the Shanghai exchange this morning. The company sold 24% of its issued share capital half of which went to 30 strategic investors. The company had its IPO in Hong Kong in 2014 when it raised $332 million. The foundry is seen as ...
The post Hua Hong raises $2.96bn in Shanghai share sale appeared first on Electronics Weekly.
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