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Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Reports Decline in 2024 Financial Results
Hong Kong stocks moved | Chip stocks rebounded in the morning, and New Kylai made an appearance, once again boosting Technology enthusiasm. Goldman Sachs states that the outlook for China's Semiconductors is optimistic.
Chip stocks warmed up in the early session. As of the time of this report, Semiconductor Manufacturing International Corporation (00981) rose by 6% to 51.2 Hong Kong dollars; SOLOMON SYSTECH (02878) increased by 4.17% to 0.5 Hong Kong dollars; HUA HONG SEMI (01347) rose by 3.22% to 33.7 Hong Kong dollars; SHANGHAI FUDAN (01385) grew by 1.62% to 28.3 Hong Kong dollars.
Chip stocks rose partially, with SHANGHAI FUDAN (01385) up 6.17%. Institutions point out that national policy support will drive the accelerated popularization of AI smartphones and other new generation Asia Vets.
Jinwu Finance News | Chip stocks partially rose, SHANGHAI FUDAN (01385) increased by 6.17%, SOLOMON SYSTECH (02878) rose by 3.26%, Semiconductor Manufacturing International Corporation (00981) went up by 1.58%, and CE HUADA TECH (00085) climbed by 1.41%. The "2025 Report on the Work of the Government" issued by the State Council pointed out that the "AI+" action will be continuously promoted, combining digital technology more effectively with manufacturing advantages and market advantages, supporting the widespread application of large models; developing intelligent connected new energy vehicles, AI Smart Phones and computers, intelligent robots, and other new generation smart terminals; and accelerating innovation in the Internet.
Hong Kong stocks movement | SHANGHAI FUDAN (01385) rose nearly 9% in the morning session, with net profit in the fourth quarter doubling year on year, and FPGA line continuing to evolve and upgrade.
SHANGHAI FUDAN (01385) rose nearly 9% in early trading, as of this writing, it is up 5.97%, priced at 27.5 Hong Kong dollars, with a transaction volume of 0.17 billion Hong Kong dollars.
SHANGHAI FUDAN re-appointed Ernst & Young Hua Ming as the auditing agency.
SHANGHAI FUDAN (01385) announced that the 14th meeting of the 9th Board of Directors reviewed and approved the proposal on the reappointment of domestic and foreign audit institutions and internal control audit institutions for the year 2025. The Board agreed to continue appointing Ernst & Young Hua Ming LLP as the company’s domestic and foreign financial report audit institution and internal control audit institution for the year 2025, for a term of one year, and agreed to submit this proposal to the company's annual Shareholder meeting in 2024 for review.
SHANGHAI FUDAN (01385.HK) received a Shareholding increase of 2.821 million shares.
On March 26, according to the latest equity disclosure data from the Stock Exchange, on March 19, 2025, SHANGHAI FUDAN (01385.HK) was increased by 2.821 million shares by GF Fund Management Co., Ltd. at an average price of HKD 27.6596 per share, involving approximately HKD 78.0277 million. After the Shareholding increase, GF Fund Management Co., Ltd. now holds 15.3 million shares, with the shareholding ratio rising from 4.39% to 5.38%.
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