Rockchip’s revenue in the first half of 2019 reached RMB 574 million ($83.3 million) while its net profit was RMB 66 million.China plans to domestically produce 75% of all key components, which includes chips, by 2025 amid a protracted trade war with the US.ĭetails: Based in the eastern Chinese city of Fuzhou, Rockchip has launched a series of artificial intelligence (AI) chips since its failed listing.
ChiNext was set up as a way for predominantly high-tech firms that do not meet the requirements of Shenzhen’s main board to go public.Why it matters: Founded in 2001, Rockchip failed to list on Shenzhen’s ChiNext board in 2017 for “critical sales stagnation and asset decline,” according to China Money Network. If you are good with personal finance and are looking to invest, you will find the Fuzhou Rockchip Electronics on SHG stock exchange.China’s securities watchdog has approved an application from chipmaker Rockchip to list on the Shanghai bourse, as the company taps the capital markets following an unsuccessful attempt to go public three years ago. Always read up on optimal investment strategies if you are new to investing. Trading in bear markets is always harder so you might want to avoid these stocks if you are not a veteran. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio. Our Ai stock analyst implies that there will be a negative trend in the future and the 603893 shares are not a good investment for making money.
Currently there seems to be a trend where stocks in the Technology sector(s) are not very popular in this period. According to present data Fuzhou Rockchip Electronics's 603893 shares and potentially its market environment have been in bearish cycle last 12 months (if exists).
Recommendations: Buy or sell Fuzhou Rockchip Electronics stock? Shanghai Stock Market & Finance report, prediction for the future: You'll find the Fuzhou Rockchip Electronics share forecasts, stock quote and buy / sell signals below.
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