News for Shanghai Fudan Microelectronics Group Company Limited (1385.HK)

  • Published at
    by benzinga.com
    negative

    Charged Up By New Investor BYD, BaTeLab Cleared For IPO

    Key Takeaways: BaTeLab has been approved for a Hong Kong IPO, gaining momentum after selling 4.81% of its shares to BYD for 50 million yuan in June The maker of analog IC patterned wafers has been profitable for the last three years, though its heavy reliance on two distributors remains a big risk factor By Fai Pui