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Hua Hong Semiconductor Appoints Financial Adviser for Proposed Acquisition

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Hua Hong Semiconductor Appoints Financial Adviser for Proposed Acquisition

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Hua Hong Semiconductor Ltd. ( (HK:1347) ) has provided an announcement.

Hua Hong Semiconductor Limited has appointed Innovax Capital Limited as the Hong Kong Independent Financial Adviser to guide the Independent Board Committee and shareholders on the fairness and reasonableness of a Proposed Acquisition and related mandates. This strategic move is expected to ensure informed decision-making for stakeholders and potentially strengthen the company’s market position.

The most recent analyst rating on (HK:1347) stock is a Buy with a HK$68.10 price target. To see the full list of analyst forecasts on Hua Hong Semiconductor Ltd. stock, see the HK:1347 Stock Forecast page.

More about Hua Hong Semiconductor Ltd.

Hua Hong Semiconductor Limited is a company incorporated in Hong Kong, operating in the semiconductor industry. The company focuses on manufacturing and providing semiconductor products and services, catering to various market needs.

Average Trading Volume: 50,760,630

Technical Sentiment Signal: Buy

Current Market Cap: HK$106.7B

For detailed information about 1347 stock, go to TipRanks’ Stock Analysis page.

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