--- title: "Huaqin lifts Nexchip Semiconductor stake to 10.82% in strategic on-market deal" type: "News" locale: "en" url: "https://longbridge.com/en/news/293469629.md" description: "Huaqin Technology's subsidiary acquired 4.45 million Nexchip Semiconductor shares for HK$144.2 million, raising its stake to 10.82%. Funded by internal cash, this strategic move strengthens Huaqin's alignment with the key 12-inch wafer foundry, enhancing its position in the semiconductor supply chain without triggering a shareholder vote." datetime: "2026-07-22T11:37:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293469629.md) - [en](https://longbridge.com/en/news/293469629.md) - [zh-HK](https://longbridge.com/zh-HK/news/293469629.md) generator: "portal-rs" --- # Huaqin lifts Nexchip Semiconductor stake to 10.82% in strategic on-market deal Huaqin Technology Co., Ltd. Class H ( (HK:3296) ) just unveiled an update. Huaqin Telecom, a wholly owned unit of Huaqin Technology Co., Ltd. Class H, has acquired 4,451,600 H shares in Nexchip Semiconductor on the Hong Kong market, paying about HK$144.2 million at an average price of HK$32.39 per share. The purchase lifts the group’s stake in Nexchip Semiconductor to roughly 10.82% of its issued share capital, with the deal funded entirely from internal cash resources. The latest acquisition follows a series of stake-building transactions in Nexchip Semiconductor since August 2025, which together cross the 5% threshold for a discloseable transaction under Hong Kong listing rules but remain below 25%, avoiding a shareholder vote. By consolidating its shareholding in a key 12-inch wafer foundry, Huaqin strengthens its strategic alignment with a critical semiconductor player, signaling a long-term commitment that may enhance its industry positioning and influence across the chip manufacturing value chain. **More about Huaqin Technology Co., Ltd. Class H** Huaqin Technology Co., Ltd. Class H is a Hong Kong-listed company operating through its wholly owned subsidiary Huaqin Telecom, with strategic exposure to the semiconductor sector. The group is building its position in Nexchip Semiconductor, a pure-play foundry focused on 12-inch wafer manufacturing and listed in both Shanghai and Hong Kong, aiming to deepen its role in the global chip supply chain. **Average Trading Volume:** 3,718,989 **Current Market Cap:** HK$99.7B ### Related Stocks - [02249.HK](https://longbridge.com/en/quote/02249.HK.md) - [688249.CN](https://longbridge.com/en/quote/688249.CN.md) - [03296.HK](https://longbridge.com/en/quote/03296.HK.md) - [603296.CN](https://longbridge.com/en/quote/603296.CN.md) ## Related News & Research - [Huaqin files HKEX next-day disclosure return reporting share repurchase](https://longbridge.com/en/news/296471038.md) - [Huaqin Technology files HKEX next-day disclosure return on share buyback cancellation](https://longbridge.com/en/news/296600831.md) - [174K Reasons To Be Bullish On Taiwan Semiconductor Stock](https://longbridge.com/en/news/296634361.md) - [VP Of Taiwan Semiconductor Makes $174K Buy](https://longbridge.com/en/news/296509666.md) - [Huaqin buys 1,996,000 Nexchip Semiconductor H shares for HK$65.77 million, lifts stake to 10.91%](https://longbridge.com/en/news/293613656.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**