Major Action in Semiconductors! Semiconductor Equipment Leader SMIC to Acquire Hangzhou Zhonggu, Trading Halted Starting Tomorrow
On the evening of December 18, leading semiconductor equipment company SMIC announced a major development: it plans to acquire Hangzhou Zhonggu's controlling stake through share issuance and raise supporting funds. The company's stock will be suspended from trading starting December 19, with an expected halt of no more than 10 trading days.
This acquisition is considered a "complementary strength" deal: SMIC specializes in dry process equipment such as plasma etchin
View OriginalOn the evening of December 18, leading semiconductor equipment company SMIC announced a major development: it plans to acquire Hangzhou Zhonggu's controlling stake through share issuance and raise supporting funds. The company's stock will be suspended from trading starting December 19, with an expected halt of no more than 10 trading days.
This acquisition is considered a "complementary strength" deal: SMIC specializes in dry process equipment such as plasma etchin

