HK Stock Market Move | SHANGHAI FUDAN (01385) fell more than 3% in the final trading session and was added to the Entity List by the U.S. Department of Commerce.
Shanghai Fudan (01385) fell more than 3% in the final trading session, closing at a 3.05% decline, at HK$38.1, with a turnover of HK$786 million as of the drafting time.
SHANGHAI FUDAN (01385) fell more than 3% in the final trading session, dropping 3.05% to HK$38.1 as of the time of publication, with a turnover of HK$7.86 billion.
On the news front, it was reported that on September 12, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) added 23 Chinese entities to the Entity List. This includes companies such as Shanghai Fudan Microelectronics Group in the semiconductor field. On September 14, Shanghai Fudan Microelectronics Group announced on its WeChat official account that the company has strengthened its strategic reserves of wafers and key raw materials for its core product lines. The inventory scale has increased from about 6 billion yuan at the end of 2020 to about 31 billion yuan at the end of the first half of 2025, with raw materials and finished products totaling about 21 billion yuan. This has effectively enhanced the stability and risk resistance of the supply chain, providing a guarantee for sustainable and steady operations.
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