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Fudan Microelectronics, Lens Technology, and Oboe Photonics have performed well against the trend, all being core suppliers for Alipay.
"Tap once" has covered over 100 cities and 1,000 commercial districts across the country.
White House Narrows April 2 Tariffs
Shanghai Fudan Microelectronics Group (HKG:1385) Takes On Some Risk With Its Use Of Debt
SHANGHAI FUDAN was subjected to a Shareholding reduction of 2.466 million shares by Norges Bank, with each share priced at approximately 27.71 Hong Kong dollars.
According to the latest information from the Hong Kong Stock Exchange, on March 14, Norges Bank reduced its Shareholding in SHANGHAI FUDAN (01385) by 2.466 million shares, at a price of 27.7063 Hong Kong dollars per share, with a total amount of approximately 68.3237 million Hong Kong dollars. After the reduction, the latest number of shares held is 11.846 million, with a latest shareholding ratio of 4.17%.
Express News | Morgan Stanley Decreases Long Position in H-Shares of Shanghai Fudan Microelectronics Group Co Ltd to 4.35% on March 12 From 5.01% - HKEX
The display chip industry is approaching a cyclical turning point, and the anticipated synergy from leading consolidation is promising.
① The display chip Industry is experiencing a recovery this year. Recently, Xinxiang Micro announced its acquisition of Aixiasheng, which is expected to be a key signal for the industry to reach a turning point; ② Both companies focus on the display chip field, and the integration effect after the company restructuring is significant; ③ Peking Electronic Control is an important Shareholder of Xinxiang Micro, and in its "chip-screen" ecosystem, the synergistic effects between Xinxiang Micro and related parties such as Yandong Micro and JD.com will also be stimulated, becoming an important driving force for the industry's recovery.
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