Hua Qin Technology (3296) said its wholly owned subsidiary Hua Qin Communications bought 3.1159 million HLMC H-shares in the market today, lifting its stake in the 12-inch wafer foundry HLMC Integrated (2249) to about 10.62%, according to Ming Pao.
The shares, equivalent to about 0.14% of HLMC Integrated's equity, were acquired for a total of about HK$93.2221 million before fees, or an average of about HK$29.92 per share. Hua Qin Technology said the purchase was funded from internal cash and not from proceeds raised in its share offering.
Hua Qin Technology Subsidiary Buys 3.116 Million Shares In HLMC
2026-07-20 15:06:45
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