Chinese Chip Manufacturer Secures Approval for $2.5B IPO in Hong Kong

// As per the filing prospectus, Hua Hong will use the raise funds and invest in a new fabrication plant. This new fabrication plant will be in the eastern city of Wuxi, and the construction of the same will start in 2023. This plan will have a production capacity of 83,000 wafers per month. https://www.coinspeaker.com/chinese-chip-2-5b-ipo/ //