China's Yuanlin Group to buy all of chip firm Hualan Micro, shares hit two straight limit-ups, TMTPost reports

Yuanlin Group, a landscaping company that has posted losses for four and a half years, plans to acquire all of chipmaker Hualan Micro, moving from a minority stake to full ownership in nine months, TMTPost reports, with both companies loss-making and Yuanlin's shares hitting the daily limit up for two consecutive days.

Detected & updated continuously · Source: Nebula