Asia / Pacific
China’s Semiconductor State Fund Cuts 1.5% Stake in Sai MicroElectronics
• China’s Semiconductor State Fund plans to cut 1.5% stake in Sai MicroElectronics.
• The decision was announced by Reuters, a news provider.
• The fund’s decision is expected to impact the company’s operations and profitability.
• The company’s stock price has been impacted by the decision.
• The company’s shares have been trading at a price of −5.50%, a decrease from the previous day’s price of −3.0.
