HHCK Advanced Materials Gets Chinese Securities Regulator's Nod to Raise 800 Million Yuan From Share, Convertible Bonds Issuances; Shares Up 3%

marketscreener
2025.09.22 05:50
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(MT Newswires) -- China Securities Regulatory Commission approved Jiangsu HHCK Advanced Materials' (SHA:688535) application to raise up to 800 million yuan via the issuance of shares and convertible bonds, according to a Shanghai bourse filing on Saturday. The Chinese semiconductor packaging materials manufacturer's shares rose more than 3% during Monday's afternoon trade. The issuance is for the acquisition of certain assets. The approval is valid within 12 months.

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