China Sanctions Two Taiwanese For 'Separatism' [Barron's]
United Microelectronics Corporation (NEW) (UMC)
US:NYSE Investor Relations:
umc.com/english/investors/index.asp
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Source: Barrons
Businessman Robert Tsao and lawmaker Puma Shen are now barred from entering mainland China or the special administrative regions of Macau and Hong Kong, said Chen Binhua, spokesperson for Beijing's Taiwan affairs office. Beijing considers Taiwan a part of its own territory and has not ruled out using force to bring it under control. On Monday, the Chinese military launched its fourth round of war games targeting Taipei in just over two years in what it called a "stern warning" to alleged pro-independence forces on the island. Tsao and Shen's family members will face similar entry bans, and any businesses affiliated with the two will be barred from "seeking profit" in China. Chen said Chinese authorities will also block any activity on the mainland by Kuma Academy, a civil-defence training organisation founded by Shen and to which Tsao -- founder of Taiwanese microchip maker United Microelectronics Corporation -- has donated money. The group aims to prepare ordinary citizens
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News
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- United Microelectronics Co. (NYSE: UMC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- United Microelectronics Co. (NYSE: UMC) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
UMC
Earnings
- 10/30/24 - Beat
UMC
Sec Filings
- 11/14/24 - Form 6-K
- 11/13/24 - Form 6-K
- 10/30/24 - Form 6-K
- UMC's page on the SEC website