{"id":153494,"date":"2026-06-25T09:30:05","date_gmt":"2026-06-25T09:30:05","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=153494"},"modified":"2026-06-25T09:30:05","modified_gmt":"2026-06-25T09:30:05","slug":"chinas-big-fund-becomes-smics-third-largest-shareholder-after-record-star-market-buyout","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=153494","title":{"rendered":"China\u2019s Big Fund becomes SMIC\u2019s third-largest shareholder after record Star Market buyout"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s state-backed Big Fund has become the third-largest shareholder of the Semiconductor Manufacturing International Corporation (SMIC), the country\u2019s largest wafer foundry, after SMIC completed its acquisition of a manufacturing subsidiary in the largest merger and acquisition deal ever recorded on Shanghai\u2019s Star Market.<br \/>\nThe landmark deal, first proposed last August, was completed with SMIC issuing 547 million shares worth 40.6 billion yuan (US$6 billion) to five shareholders of its&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3358332\/chinas-big-fund-becomes-smics-third-largest-shareholder-after-record-star-market-buyout?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s state-backed Big Fund has become the third-largest shareholder of the Semiconductor Manufacturing International Corporation (SMIC), the country\u2019s largest wafer foundry, after SMIC completed&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/153494"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=153494"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/153494\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=153494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=153494"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=153494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}