FINWIRES · TerminalLIVE
FINWIRES

SHA:688820

5 stories mentioning SHA:688820Updated 34d ago

Every FINWIRES story that references SHA:688820, newest first.

Asia

SJ Semiconductor Completes Registration of Project Company for Chip Production Line

SJ Semiconductor (SHA:688820) completed the registration of a project company called Dongsheng Hexin Technology (Shanghai), according to a Shanghai bourse filing on Saturday.Dongsheng Hexin has an initial registered capital of $140 million, and will be managing the construction of the Shenghe Microelectronics Lingang Advanced Packaging Production Line, with construction expected to commence on Monday.The semiconductor wafer manufacturer's shares rose 1% during Monday's morning trade.

SHA:688820
Asia

SJ Semiconductor to Inject $570 Million in Hong Kong Subsidiary

SJ Semiconductor (SHA:688820) plans to inject $570 million into its wholly-owned subsidiary, Shenghejing Microelectronics Hong Kong, according to a Shanghai Stock Exchange filing over the weekend.The company's shares fell nearly 2% in recent trade on Monday.The semiconductor packaging and wafer-level testing company will use proceeds from its public offering to replace self-raised corporate funds that were previously advanced to the Hong Kong entity for designated investment projects. SJ Semiconductor remains the sole shareholder of the subsidiary.

SHA:688820
Asia

SJ Semiconductor Q1 Profit Up 52%

SJ Semiconductor (SHA:688820) posted first-quarter attributable net profit of 191.3 million yuan, up 52% from 126.3 million yuan the previous year.Earnings per share rose to 0.12 yuan from 0.08 yuan, according to a Thursday filing with the Shanghai bourse.The semiconductor wafer manufacturer's operating revenue climbed 13% year over year to 1.70 billion yuan from 1.50 billion yuan.

SHA:688820
Asia

Chinese Stocks Edge Up on US-Iran Peace Talks Worries; Fuen, SJ Semiconductor Shine in Stock Market Debuts

Chinese stocks edged up Tuesday as investors brace for the impact of peace talks between the U.S. and Iran on global energy shocks.The Shanghai Composite Index, the main gauge of Chinese stocks, gained 2.95 points to reach 4,085.08. The Shenzhen Component Index rose 0.1% or by 15.39 points to 14,982.14.The truce between the U.S. and Iran is set to expire on Wednesday, and Pakistan has been preparing for a fresh round of talks between Washington and Tehran even as President Donald Trump doused hopes for an agreement to end the conflict, the Associated Press reported separately Tuesday.Back home, Chinese equities are seen to rise 5% to 10% toward the end of the year with some positive developments shaping up, Reuters reported separately Tuesday, citing analysts at Morgan Stanley.However, volatility remains high, especially with the Middle East conflict, first-quarter earnings, and the anticipation with the meeting of Trump and Chinese counterpart Xi Jinping, Reuters said, citing the analysts.In corporate news, debutant Hangzhou Fuen (SHE:001312) closed 66% higher on its first trading day on the Shenzhen bourse. The Chinese textile product manufacturer's shares opened 98.6% higher earlier in the day.Shanghai-listed SJ Semiconductor (SHA:688820) surged 289% during the closing bell. The semiconductor wafer manufacturer opend 407% higher on Tuesday.

Shanghai Composite^SZSESHA:688820SHE:001312
Asia

SJ Semiconductor Soars 407% in Shanghai Trading Debut

SJ Semiconductor (SHA:688820) soared 407% when it made its trading debut on the Shanghai Stock Exchange.The semiconductor wafer manufacturer's shares opened at 99.72 yuan apiece, jumping five times from the initial public offering price of 19.68 yuan per share.

SHA:688820

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:688820 in your portfolio
WheelAI
WheelAI
Analyze SHA:688820 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:688820