Group 1 - Chinese investors are increasingly concerned about companies with European exposure following the Dutch government's seizure of management control of Nexperia from Wingtech Technology, indicating a decline in public trust in European business ties [1][2] - At least seven companies listed in Shanghai and Shenzhen have faced inquiries from investors regarding risks associated with their operations in the Netherlands, Luxembourg, Germany, France, and Italy [1] - Wingtech's shares have dropped approximately 12% this month, reflecting the negative sentiment towards companies planning to acquire European tech assets [3] Group 2 - China Wafer Level CSP (WLCSP), which acquired Dutch optical component maker Anteryon in 2019, was questioned about potential risks to Anteryon, although WLCSP stated that its Dutch subsidiary is "operating normally" [4][5] - Sanan Optoelectronics, which plans to acquire Dutch LED developer Lumileds, reported a decline of over 9% in its Shanghai-listed shares this month despite asserting that the deal would enhance its global market recognition [5] - Concerns have spread to other countries, with companies like Techmation and DBG Technology facing similar investor inquiries regarding their assets in Italy and France, respectively [6]
Nexperia seizure: Chinese investors grill companies with European units after Dutch move
Yahoo Finance·2025-10-23 09:30