Hua Hong Semiconductor (HKG: 1347 / FRA: 1HH / OTCMKTS: HHUSF): Plans a $2.6B Shanghai Share Sale to Fuel Expansion

Hua Hong Semiconductor (HKG: 1347 / FRA: 1HH / OTCMKTS: HHUSF) is China's second-largest chip foundry who recently received Shanghai Stock Exchange approval for a public share sale worth $2.6B.

Hua Hong Semiconductor (HKG: 1347 / FRA: 1HH / OTCMKTS: HHUSF) is China's second-largest chip foundry who recently received Shanghai Stock Exchange approval for a planned public share sale worth $2.6 billion which would be the year's biggest mainland listing so far. Any share sale still requires registration at the China Securities Regulatory Commission…