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SHA:688347 19 January 2026 - 26 January 2026

Hua Hong Semiconductor A-shares face a Feb 10 vote — traders eye 688347 after record run

Hua Hong Semiconductor A-shares face a Feb 10 vote — traders eye 688347 after record run

Hua Hong’s Shanghai-listed shares closed at 139.76 yuan Friday, down 0.6% after hitting a record 147 yuan the previous day. Shareholders will vote Feb. 10 on an 8.27 billion yuan acquisition of Shanghai Huali Microelectronics and a private placement to raise up to 7.56 billion yuan. Hong Kong adviser Innovax supports the deal but notes possible dilution and takeover rule issues.
Hua Hong Semiconductor Class A stock: Feb 10 deal vote is the next test for 688347

Hua Hong Semiconductor Class A stock: Feb 10 deal vote is the next test for 688347

Hua Hong Semiconductor’s Class A shares closed down 0.6% at 139.76 yuan in Shanghai on Friday. Shareholders are set to vote February 10 on issuing new shares to acquire nearly all of Shanghai Huali Microelectronics for about 8.27 billion yuan and on a private placement to raise up to 7.56 billion yuan. The deals face scrutiny over pricing, dilution, and regulatory progress.
25 January 2026
Hua Hong Semiconductor A shares (688347) face a leverage test as China tightens margin rules

Hua Hong Semiconductor A shares (688347) face a leverage test as China tightens margin rules

Hua Hong Semiconductor’s Class A shares hovered near 52-week highs ahead of Monday trading as China’s new margin financing rules take effect, raising collateral requirements to 100%. The stock closed at 140.00 yuan on Jan. 16, up nearly 199% in a year. Analysts warn of possible volatility in tech shares as leverage tightens. China’s GDP data, due Monday, could further sway market sentiment.
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