People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP
People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP

China semiconductors: Tsinghua Unigroup’s creditors, shareholders back troubled tech conglomerate’s debt restructuring plan

  • Among the creditors who agreed to Tsinghua Unigroup’s debt restructuring plan, 1,069 have ordinary or unsecured claims totalling US$19.47 billion
  • Major shareholders Tsinghua Holdings Corp and Beijing Jiankun Investment Group Co have also approved the debt restructuring plan

People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP
People check out semiconductors on display from Tsinghua Unigroup at an event in Beijing on September 19, 2020. Photo: AP
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