Announcement
18 Jan 2023
In January 2023, China National Integrated Circuit Industry Fund II and the Wuxi Municipal Entity agreed to invest in Hua Hong Grace, a semiconductor manufacturer through a Joint Venture.
Source
Sign in to access
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
18 Jan 2023
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 18 January 2023, Hua Hong Grace, a semiconductor manufacturer entered into a joint venture agreement with the state-backed China IC Fund II. The China Integrated Circuit Industry Investment Fund Co...
Sign in to see more
Capital injection and equity stakes (including bailouts)
In force
On 18 January 2023, Hua Hong Grace, a semiconductor manufacturer entered into a joint venture agreement with a Wuxi Municipal Entity. The unnamed “Wuxi entity”, will invest USD 804 million in cash, ac...
Sign in to see more
Related State Acts
Threads
See all
This state act is not part of any Thread yet.