China has initiated its third state-backed investment fund aimed at bolstering its semiconductor industry, with a registered capital of 344 billion yuan ($47.5

China Launches $47.5 Billion Semiconductor Investment Fund


blog post cover photo

Image credit: Denny Ryanto

China has initiated its third state-backed investment fund aimed at bolstering its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run companies registry.

This substantial investment underscores President Xi Jinping's push for semiconductor self-sufficiency in China, a goal that has gained heightened importance amid export control measures imposed by the U.S. in recent years, citing national security concerns.

The establishment of the third phase of the China Integrated Circuit Industry Investment Fund, known as the "Big Fund," was officially confirmed on May 24 and registered under the Beijing Municipal Administration for Market Regulation.

This latest fund, the largest among the three launched by the China Integrated Circuit Industry Investment Fund, aims to further advance China's semiconductor capabilities and reduce reliance on foreign technology.

Notable shareholders in the fund include China's finance ministry, holding a 17% stake with a paid-in capital of 60 billion yuan, and China Development Bank Capital, with a 10.5% stake.

The announcement spurred positive market sentiment, with Chinese chip shares surging, as evidenced by the CES CN Semiconductor Index rallying more than 3%, marking the largest one-day gain in over a month.

Want to find the best stocks that meet your investment criteria? Check out our Screener (Stock) API. This powerful tool allows you to search for stocks based on various criteria, such as market cap, price, volume, beta, sector, and country. Start optimizing your investment strategy today!

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title


Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
2017-2024 © Financial Modeling Prep