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China Integrated Circuit Industry Investment Fund Cuts Stakes in HUA HONG SEMI, SMIC
Recommend 38 Positive 56 Negative 40 2025/05/09 02:10 GMT
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China Integrated Circuit Industry Investment Fund (ICF)'s subsidiary Xuxin (HongKong) Capital reduced its holdings in SMIC (00981.HK) by approximately 65.98 million shares and in HUA HONG SEMI (01347.HK) by about 6.33 million shares in 1Q25, Chinese news broke. HUA HONG SEMI opened 9.22% lower this morning, and last stood at HKD31.5, down 10.64%. SMIC also opened 5.87% lower, and last printed at HKD42.3, down 6.31%.
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