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| HSI1 | 26,413.35 | -292.59 | 165.37B |
| HSCEI1 | 8,959.56 | -110.76 | 56.61B |
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2026-02-20 10:04:14 SMIC (00981.HK), as China's leading 7nm-class wafer foundry, possesses the most extensive 12-inch footprint and the most advanced local logic process capabilities, DBS Group Research published a research report saying. It is expected to benefit the most from the supply chain's shift towards 'local design and domestic manufacturing' rearrangement. DBS Group Research kept rating at Buy for SMIC, considering its potential for valuation re-rating, and cut its target price from $88.8 to $87.4. The broker also lowered its 2026/ 2027 earnings forecasts by 10%/ 12% each to reflect short-term pressure on profit margins. ~ AASTOCKS Financial News Website: www.aastocks.com | |