National Silicon Industry Group Co Ltd Class A
688126: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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National Silicon: Buyout Subsidiary Minority Interest a Positive; Doubling Valuation to CNY 4.60
National Silicon Industry Group agrees to buy minority interests of three indirect subsidiaries at CNY 324 million in cash and CNY 6.7 billion in new shares. Separately, NSIG will issue new shares worth up to CNY 2.1 billion for working capital. Both transactions are pending regulatory approval.
