Union Semiconductor (Hefei) (SHA:688403) posted 27.5 million yuan in total provisions for asset impairment and credit impairment in the first half, according to a Thursday disclosure on the Shanghai bourse.
Credit impairment losses amounted to 4.2 million yuan, while asset impairment losses were worth 27.5 million yuan.
The fabless integrated circuit design company's shares rose 2% during the midday trade.
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