Previous close | 19.220 |
Open | 19.300 |
Bid | 19.840 x 0 |
Ask | 19.860 x 0 |
Day's range | 19.280 - 19.940 |
52-week range | 15.740 - 38.800 |
Volume | |
Avg. volume | 8,643,352 |
Market cap | 46.07B |
Beta (5Y monthly) | 1.59 |
PE ratio (TTM) | 6.55 |
EPS (TTM) | 3.030 |
Earnings date | 08 Nov 2023 - 13 Nov 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 14 May 2019 |
1y target est | 30.46 |
(Bloomberg) -- Shares of China’s Hua Hong Semiconductor Ltd. advanced in its trading debut in Shanghai after it raised 21.2 billion yuan ($2.96 billion) in the largest sale of new equity in the Asia Pacific region this year.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Ecuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnc
SHANGHAI (Reuters) -Hua Hong Semiconductor, China's second-largest chip foundry, posted modest gains in its Shanghai debut on Monday, reflecting a weak market sentiment and investor caution amid mounting Sino-U.S. chip rivalry. Hua Hong shares opened 13% higher on Shanghai's tech-focused STAR Market, but quickly faltered. The Shanghai Composite Index was down 0.6%, while Hua Hong's Hong Kong-listed shares declined more than 7%.
Chinese chipmaker Hua Hong Semiconductor said on Sunday it aims to raise up to 21.2 billion yuan ($2.95 billion)in a listing on the Shanghai stock exchange. The country's second-largest chip foundry will sell 407.75 million shares priced at 52 yuan per share, it said in a statement to the exchange. The IPO by the chipmaker is set to be the biggest mainland listing this year.