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.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
18 Jan 2023
Revocation date:
No revocation date
Updated: 18 Jan 2023
Equity stake
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...
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Updated: 18 Jan 2023
Equity stake
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...
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