Shanghai Fudan's HK shares slip on inclusion in US restricted-trade list

Shanghai Fudan Microelectronics Co

15/09/2025 06:44

** Hong Kong-listed shares of Shanghai Fudan Microelectronics Technology Co 1385.HK slip 3.7% to HK$37.84, their biggest intraday pct decline since September 4

** Stock set to snap six conseucitve sessions of gains, if trend holds

** However, Shanghai-listed stock 688385.SS climbs 2.3% to 60.6 yuan

** Washington on Friday penalized two Chinese firms that acquired U.S. chipmaking equipment for China's top chipmaker SMIC, including them among 32 entities that were added to the Commerce Department's restricted trade list, according to a U.S. government posting. Twenty-three of the 32 were in China.

** Shanghai Fudan Microelectronics, associated companies and other entities in China, Singapore and Taiwan were added to the list. The companies could not immediately be reached for comment

** YTD, Hong Kong stock up 154.9%, Shanghai-listed shares up 58.6%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))