Hua Hong Shares Up 13% Following Public Debut
Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.
Chinese Chip Manufacturer Secures Approval for $2.5B IPO in Hong Kong
Hua Hong will use the funds to start a new fabrication plant will be in the eastern city of Wuxi, and the construction of the same will start in 2023.