Shanghai Stock Exchange

CSOP Huatai-PineBridge SSE Dividend Index ETF to be Listed on SGX Today

Retrieved on: 
Friday, December 1, 2023

CSOP Huatai-PineBridge SSE Dividend Index ETF (Stock Code: SHD) lists on 1 December 2023 on Singapore Exchange (SGX Group).

Key Points: 
  • CSOP Huatai-PineBridge SSE Dividend Index ETF (Stock Code: SHD) lists on 1 December 2023 on Singapore Exchange (SGX Group).
  • SHD is a feeder fund, which will invest at least 90% of its Net Asset Value in the Huatai-PineBridge SSE Dividend Index ETF, referred to as the “Underlying Fund”.
  • The SSE Dividend Index comprises of 50 high quality dividend-paying companies listed on the Shanghai Stock Exchange (SSE) as its constituents.
  • The CSOP Huatai-PineBridge SSE Dividend Index ETF is one of the first pair of products under the SSE-SGX ETF link, providing Singapore investors with access to high-quality A-share opportunities.

Citi Appointed as Depositary Bank for the GDR Program of Will Semiconductor Co., Ltd. Shanghai

Retrieved on: 
Monday, November 13, 2023

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Will Semiconductor Co., Ltd. Shanghai (“Will Semiconductor”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Will Semiconductor Co., Ltd. Shanghai (“Will Semiconductor”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Will Semiconductor’s GDR Program was established in connection with a US$445 million offering of its GDRs, priced at US$14.35 per GDR.
  • “Citi is pleased to be the Depositary Bank for Will Semiconductor, supporting their GDR program.
  • We expect to see more participation via the Connect Scheme.”
    Citi is a leading provider of depositary receipt services.

AXT, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023

GAAP gross margin was 10.7 percent of revenue for the third quarter of 2023, compared with 9.2 percent of revenue for the second quarter of 2023 and 42.0 percent of revenue for the third quarter of 2022.

Key Points: 
  • GAAP gross margin was 10.7 percent of revenue for the third quarter of 2023, compared with 9.2 percent of revenue for the second quarter of 2023 and 42.0 percent of revenue for the third quarter of 2022.
  • Non-GAAP gross margin was 11.3 percent of revenue for the third quarter of 2023, compared with 9.8 percent of revenue for the second quarter of 2023 and 42.2 percent of revenue for the third quarter of 2022.
  • GAAP operating expenses were $8.6 million for the third quarter of 2023, compared with $8.6 million for the second quarter of 2023 and $10.2 million for the third quarter of 2022.
  • Non-GAAP operating expenses were $7.8 million for the third quarter of 2023, compared with $7.8 million for the second quarter of 2023 and $9.2 million for the third quarter of 2022.

ACM Research Announces Preliminary Unaudited Revenue Range for Third Quarter 2023

Retrieved on: 
Friday, October 27, 2023

FREMONT, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its preliminary unaudited revenue for the third quarter of 2023 is expected to be in the range of $165 million to $168 million.

Key Points: 
  • FREMONT, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its preliminary unaudited revenue for the third quarter of 2023 is expected to be in the range of $165 million to $168 million.
  • Actual unaudited third quarter 2023 results are subject to the completion of ACM’s quarter end closing procedures and review by ACM’s independent registered public accounting firm.
  • Today’s release of ACM’s third quarter 2023 preliminary unaudited expected revenue range coincides with the release of unaudited financial results by ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary (ACM Shanghai), to the Shanghai Stock Exchange website [ link to China Disclosure ].
  • ACM currently owns an 82.1% equity interest in ACM Shanghai, and a substantial majority of ACM’s consolidated revenue and net income is contributed by ACM Shanghai.

ACM Research to Release Third Quarter 2023 Preliminary Revenue Range on October 27, 2023 and Full Financial Results on November 7, 2023

Retrieved on: 
Thursday, October 19, 2023

FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2023 before the U.S. market open on Friday, October 27, 2023, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary, to the Shanghai Stock Exchange.

Key Points: 
  • FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2023 before the U.S. market open on Friday, October 27, 2023, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary, to the Shanghai Stock Exchange.
  • ACM will release its full financial results for the third quarter of 2023 before the U.S. market open on Tuesday, November 7, 2023.
  • ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (9:00 p.m. China Time) to discuss the results.
  • ACM Third Quarter (ended September 30, 2023) Earnings Call
    To join the conference call via telephone, participants must use the following link to complete an online registration process.

Semiconductor Manufacturing International Corporation Third Quarter 2023 Webcast Conference Call

Retrieved on: 
Tuesday, October 10, 2023

SHANGHAI, Oct. 10, 2023 /PRNewswire/ -- SMIC's third quarter 2023 results will be released on the Hong Kong Stock Exchange website (https://www.hkex.com.hk) and Shanghai Stock Exchange website (http://www.sse.com.cn) after the close of trading on Thursday, November 9, 2023.

Key Points: 

SHANGHAI, Oct. 10, 2023 /PRNewswire/ -- SMIC's third quarter 2023 results will be released on the Hong Kong Stock Exchange website ( https://www.hkex.com.hk ) and Shanghai Stock Exchange website ( http://www.sse.com.cn ) after the close of trading on Thursday, November 9, 2023.

SGC and HitGen Announce Research Collaboration Focused on DNA-Encoded Library Based Drug Discovery

Retrieved on: 
Thursday, September 28, 2023

HitGen will utilize its DNA-encoded library (DEL) technology platform, specifically OpenDEL™, to screen under-represented targets chosen by SGC.

Key Points: 
  • HitGen will utilize its DNA-encoded library (DEL) technology platform, specifically OpenDEL™, to screen under-represented targets chosen by SGC.
  • HitGen is a world leader in the development of DEL technology and applications to early-stage small molecule drug discovery.
  • Its platform includes over 1.2 trillion small molecules generated by the DEL technology, and the efficiency of the screening process has made it possible for HitGen to enable drug discovery projects for many organizations around the world.
  • OpenDEL™ is a self-service DEL kit with over 3 billion compounds, which enables users to explore DEL selection campaigns without revealing the target identity.

MINISO Announces US$200 Million Share Repurchase Program

Retrieved on: 
Friday, September 15, 2023

GUANGZHOU, China, Sept. 15, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that, following the expiration of the share repurchase program the Company adopted in September 2022, the board of directors of the Company (the "Board") authorized and approved a new share repurchase program on September 15, 2023 (the "2023 Share Repurchase Program"), under which the Company may repurchase up to US$200 million in value of its outstanding ordinary shares and/or American depositary shares representing its ordinary shares (collectively, the "Shares") over a period of 12 months starting from the date on which the 2023 Share Repurchase Program was approved.

Key Points: 
  • GUANGZHOU, China, Sept. 15, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that, following the expiration of the share repurchase program the Company adopted in September 2022, the board of directors of the Company (the "Board") authorized and approved a new share repurchase program on September 15, 2023 (the "2023 Share Repurchase Program"), under which the Company may repurchase up to US$200 million in value of its outstanding ordinary shares and/or American depositary shares representing its ordinary shares (collectively, the "Shares") over a period of 12 months starting from the date on which the 2023 Share Repurchase Program was approved.
  • The Company expects to fund repurchases under the 2023 Share Repurchase Program from surplus cash on its balance sheet.
  • The Board believes that the current financial resources of the Company would enable it to implement the share repurchase without causing any material impact on its working capital.
  • The Board will review the 2023 Share Repurchase Program periodically, and may authorize adjustment of its terms and size.

Telink Semiconductor Officially Lists on the Shanghai Stock Exchange's Sci-Tech Innovation Board

Retrieved on: 
Monday, September 11, 2023

SANTA CLARA, Calif., Sept. 11, 2023 /PRNewswire/ -- Telink Semiconductor (Shanghai) Co., Ltd. ("Telink Semiconductor" or the "Company") (Stock Abbreviation: 688591.SH), a pioneering semiconductor company, achieved a significant milestone on August 25, 2023, by successfully listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board.

Key Points: 
  • SANTA CLARA, Calif., Sept. 11, 2023 /PRNewswire/ -- Telink Semiconductor (Shanghai) Co., Ltd. ("Telink Semiconductor" or the "Company") (Stock Abbreviation: 688591.SH), a pioneering semiconductor company, achieved a significant milestone on August 25, 2023, by successfully listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board.
  • This momentous occasion marks Telink Semiconductor's official entry into the capital market, ushering in a new era of high-quality corporate development.
  • Additionally, Telink Semiconductor has expanded its offerings to encompass multi-protocol SoC products compatible with various IoT application protocols.
  • As Telink Semiconductor embarks on this new phase of its journey, the company remains determined and equipped to scale new heights.

DPC Dash Ltd (1405.HK) Announces inclusion into the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Connect Programs

Retrieved on: 
Tuesday, September 5, 2023

This expansion follows shortly after DPC Dash's inclusion to the Hang Seng Composite Index earlier this year.

Key Points: 
  • This expansion follows shortly after DPC Dash's inclusion to the Hang Seng Composite Index earlier this year.
  • Launched in 2014, the Shanghai-Hong Kong Stock Connect is a mutual stock market access program where investors in the Chinese mainland and Hong Kong can trade and settle shares listed on either market via the Shanghai Stock Exchange, the Stock Exchange of Hong Kong or clearing houses in their home market.
  • Launched in 2016, the Shenzhen-Hong Kong Stock Connect is a cross-boundary investment channel that connects the Shenzhen Stock Exchange with the Hong Kong Stock Exchange where investors in each market is able to trade shares on the other market.
  • Ms. Aileen Wang, CEO & Executive Director of DPC Dash commented, "The official inclusions into both Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect mark yet another major milestone for DPC Dash and its shareholders.