Two controlling persons of the CRO giant are under investigation by the CSRC! | Selected After-Hours Announcements
Two controlling shareholders of a CRO giant have been investigated by the CSRC! A well-known liquor company announced that its actual controller has changed to the Municipal Finance Bureau; a wind power giant urgently clarified that its shareholder is not a popular male star...
A 31% surge in scale! Mixed fortunes for securities firms' asset management: 37 products gained over 20% year-to-date, while 20 incurred losses exceeding 5%.
① Since the beginning of this year, 37 non-placement broker asset management products have achieved returns exceeding 20%, with flexible allocation mixed products becoming the mainstay; ② 20 broker asset management products have seen their returns fall by more than 5% since the beginning of this year, with industry-themed and broad-based index equity products being the hardest hit.
The solid-state battery industry summit is approaching, with the industrialization process continuing to advance, and these stocks frequently being surveyed by institutions.
The 3rd AEPT Solid-State Battery Industry Summit and the 2026 Starting Point Solid-State Battery Technology Forum will be held in Shanghai from June 16 to 17, 2026.
The first case this year of a listed rural commercial bank being acquired by provincial state-owned capital has occurred, with several banks receiving share increases around their annual reports. Has a fundamental turning point arrived?
① Jiangsu Cable announced that this investment is strategic in nature, and the company will hold shares of Changshu Bank for the long term as part of its strategic portfolio; ② Changshu Bank stated that discussions regarding the relevant purchase plan had taken place earlier between both parties, but no actual purchases have been made to date. The current market impact cannot be assessed. Moreover, since this constitutes a financial investment, it is not expected to affect the company’s operations; ③ Industry analysts noted that fundamentals of the banking sector are likely to bottom out and rebound, drawing renewed attention from market capital.
What does SMIC's acquisition approval signify? The curtain rises on semiconductor industry consolidation.
① SMIC's asset acquisition through share issuance was approved at the meeting on May 11, marking the largest transaction in the STAR Market to date; ② The process from acceptance to approval took only 75 days, signaling the beginning of consolidation in the semiconductor industry; ③ After receiving final registration approval from the CSRC, all transactions are expected to be completed within 2026.
SMIC's $40.6 billion acquisition approved! SMIC Northern will become a wholly-owned subsidiary, with the target valuation premium nearly doubled.
①On May 11, the M&A Restructuring Examination Committee of the Shanghai Stock Exchange held its 5th review meeting of 2026, approving SMIC's application for the issuance of shares to acquire 49% equity in Zhongxin Northern; ②Zhongxin Northern mainly provides 12-inch integrated circuit wafer foundry services for chip manufacturers at 28nm and above nodes, with a monthly production capacity of 75,000 wafers. After the acquisition is completed, the listed company will strengthen its control over it.