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In Depth: Silver Dollar or Plug Nickel? Debt-Challenged Chip Giant Takes Investors on Roller Coaster Ride

2020年11月20日 18:03 来源于 财新网
Tsinghua Unigroup’s bonds have crashed several times this year on concerns about the $24 billion it owes, reflecting a bigger issue facing China’s inexperienced microchip industry
Tsinghua Unigroup, which counts the prestigious Tsinghua University as its majority stakeholder, is struggling under the weight of 157 billion yuan in debt, more than half of which is due within a year.

As China’s microchip aspirations undergo a major adjustment, the aggressive Tsinghua Unigroup Co. Ltd. is fast emerging as a poster child for how the sector could be slowly sinking under the weight of a massive mountain of debt.

版面编辑:喻竹杨洋

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