{"id":1980622,"date":"2023-07-23T07:21:02","date_gmt":"2023-07-23T11:21:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-chipmaker-hua-hong-seeks-up-to-2-95-billion-in-mainland-listing\/"},"modified":"2023-07-23T07:23:15","modified_gmt":"2023-07-23T11:23:15","slug":"chinese-chipmaker-hua-hong-seeks-up-to-2-95-billion-in-mainland-listing","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-chipmaker-hua-hong-seeks-up-to-2-95-billion-in-mainland-listing\/","title":{"rendered":"Hua Hong, a Chinese chipmaker, aims for $2.95 billion in mainland IPO."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchinese-chipmaker-hua-hong-seeks-up-to-2-95-billion-in-mainland-listing%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1980622&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><h2>Chinese Chipmaker Hua Hong Semiconductor\u200b Aims for \u2064Record IPO<\/h2>\n<\/p>\n<p>The \u200cChinese chipmaker, Hua Hong Semiconductor, has \u200bannounced its plans \u200cto raise up \u200cto 21.2 billion yuan ($2.95 billion) through a listing \u200con the Shanghai stock exchange. This IPO is set to be the biggest mainland listing of the year.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Chinese chipmakers\u2064 are rushing to \u200braise\u2062 capital as Beijing aims for self-sufficiency in the face of an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-chipmaker-hua-hong-seeks-up-to-2-95-billion-in-mainland-listing\/\" title=\"Hua Hong, a Chinese chipmaker, aims for .95 billion in mainland IPO.\">escalating technology war<\/a> with\u200b Washington. Hua Hong,\u200b the country&#8217;s second-largest chip foundry, has seen\u200c a 52% increase in revenue \u2062in 2022, reaching a\u2062 record $2.5 \u200bbillion. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/revealed-whistleblower-docs-show-big-4-firms-massive-anti-racist-indoctrination\/\" title=\"Revealed: Whistleblower Docs Show \u2018Big 4\u2019 Firm\u2019s Massive \u2018Anti-Racist\u2019 Indoctrination\">company plans<\/a> to expand\u200c its production capacity and build new \u2064lines at its 12-inch production facility in Wuxi.<\/p>\n<p>($1 = 7.1861 Chinese yuan)<\/p>\n<\/p>\n<p>  (Reporting by Dominique Patton and Amy Lv; Editing by Jacqueline Wong)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/chinese-chipmaker-hua-hong\/attachment\/file-photo-a-man-wearing-a-mask-walks-by-the\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Supporting\u2064 Our Military Veterans<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Hunter Biden&#8217;s Lawyers Take Action<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>The Power\u200d of Storytelling in Sound of \u2062Freedom<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Latest in Culture News with \u2062Bobby Sausalito<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Other Headlines:<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) &#8211; Norwegian robotics\u2064 firm AutoStore will pay 200\u2062 million pounds ($257.1 million) to British online supermarket group Ocado as part of\u2026\u200b <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Audio-streaming platform \u200dSpotify Technology plans to \u200braise the price of its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/anthony-weiners-strange-reaction-during-a-recent-podcast\/\" title=\"Anthony Weiner's odd response on a recent podcast.\">ad-free premium monthly plan<\/a>\u2063 by $1 in the United States,\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Diane Bartz and\u200d Krystal Hu WASHINGTON\/NEW YORK\u2064 (Reuters)\u2062 -AI companies including OpenAI, Alphabet\u2062 and Meta \u200cPlatforms have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pastor-on-trump-trial-date-announcement-and-j6-political-prisoners\/\" title=\"Pastor comments on Trump trial date and J6 prisoners.\">made voluntary commitments<\/a> to\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chinese chipmaker Hua Hong Semiconductor plans to raise 21.2 billion yuan ($2.95 billion) through a listing on the Shanghai stock exchange. The company will sell 407.75 million shares at 52 yuan per share, according to a statement. Hua Hong Semiconductor is the second-largest chip foundry in China.<\/p>\n","protected":false},"author":66,"featured_media":1980624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1980622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1980622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1980622"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1980622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1980624"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1980622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1980622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1980622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}