<div id="readability-page-1"><div><p><span>Hua Hong Semiconductor Ltd </span><span>:</span></p><ul><li>SAYS IT PLANS TO BUY 97.5% STAKE IN WAFER FOUNDRY FOR 8.3 BILLION YUAN ($1.19 billion) VIA SHARE ISSUE</li><li>SAYS IT PLANS TO RAISE 7.6 BILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND PROJECTS, BOOST CAPITAL, REPAY DEBTS</li></ul><p><span>($1 = 6.9887 Chinese yuan renminbi)</span></p></div></div>

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<p>Hua Hong Semiconductor Ltd :SAYS IT PLANS TO BUY 97.5% STAKE IN WAFER FOUNDRY FOR 8.3 BILLION YUAN ($1.19 billion) VIA SHARE ISSUESAYS IT PLANS TO RAISE 7.6 BILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND PROJECTS, BOOST CAPITAL, REPAY DEBTS($1 = 6.9887 Chinese yuan renminbi)</p>

Hua Hong Semiconductor To Buy 97.5% Stake In Wafer Foundry