3 stories mentioning SHA:688503Updated just now
Every FINWIRES story that references SHA:688503, newest first.
Changzhou Fusion New Material (SHA:688503) committed 300 million yuan as a limited partner in a semiconductor materials fund, according to a Tuesday filing with the Shanghai bourse.The investment is equivalent to 31.58% of the 950 million yuan Shanghai Guoju Tonghui Enterprise Management Consulting Partnership fund.
Changzhou Fusion New Material (SHA:688503) plans to invest additional funds of 500 million yuan to join a semiconductor partnership fund as a limited partner, according to a Wednesday disclosure on the Shanghai bourse.Shanghai Guoju Tonghui Enterprise Management Consulting Partnership (Limited Partnership) focuses its investment primarily on the semiconductor materials sector.The fund's capital increased from 30 million yuan to 700 million yuan after the inclusion of Changzhou Fusion and an additional investment by another company.The photovoltaic silver paste manufacturer will hold 71.43% of Guoju Tonghui's capital.The company's shares rose 1% during the morning trade.
Changzhou Fusion New Material (SHA:688503) warned investors that its recent 30% stock surge may be driven by "irrational" market speculation, according to a Shanghai Stock Exchange filing on Wednesday.The photovoltaic silver paste manufacturer confirmed it has no undisclosed material information after its share price rallied 30% over three straight trading days from June 26 to June 30.The company's shares closed more than 1% lower in Shanghai trading on Wednesday after reaching an all-time high on Tuesday.
