Employees wearing protective equipment work at a semiconductor production facility in China. Photo: AP
Employees wearing protective equipment work at a semiconductor production facility in China. Photo: AP

China’s No 2 chip maker seeks Shanghai listing to expand capacity, as Beijing continues to back self-sufficiency drive

  • The size of Hua Hong’s issuance will be up to 25 per cent of the company’s inflated share base
  • Hua Hong’s expansion plan comes at a time when China is doubling down on a self-sufficiency drive for chips

Employees wearing protective equipment work at a semiconductor production facility in China. Photo: AP
Employees wearing protective equipment work at a semiconductor production facility in China. Photo: AP
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