Guangzhou Anyka Microelectronics (SHA:688620) plans to acquire a 4% equity in interent data services provider Shenzhen Shiqi Future Technology through a 20 million yuan capital increase, according to a Saturday filing on the Shanghai bourse.
The Chinese integrated circuit product manufacturer's shares rose over 1% during Monday's afternoon trade.
Guangzhou Anyka Microelectronics will subscribe for 161,485.71 yuan worth of new registered capital in Shiqi Future.
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