Semiconductor materials linchpin Resonac is eyeing solid growth from Beijing’s ambition to build its own chip industry, leaving the door open for further investment in China in the years ahead https://t.co/Jr2gmC1lI9 ...

Group 1 - The core viewpoint of the news is that CanSemi Co., Ltd. has seen a significant increase in stock price, rising by 5.09% to 140.82 CNY per share, with a total market capitalization of 16.898 billion CNY [1] - CanSemi was established on July 17, 2008, and is located in the Shanghai Free Trade Zone, focusing on integrated circuit design services, with its main business revenue split between chip design (50.27%) and chip mass production (49.73%) [1] Group 2 - According to data from the top ten holdings of funds, one fund under Chuangjin Hexin has heavily invested in CanSemi, increasing its holdings by 22,370 shares in the second quarter, bringing the total to 523,100 shares, which represents 4.79% of the fund's net value [2] - The Chuangjin Hexin Chip Industry Stock Fund A (013339) was established on September 28, 2021, with a current scale of 291 million CNY and has achieved a year-to-date return of 31.66% [2] - The fund manager, Liu Yang, has a tenure of 4 years and 15 days, with the fund's total asset size at 1.025 billion CNY, achieving a best return of 76.33% during his tenure [2]