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SMIC (00981.HK) Leaps 4% Aloft 20 MA on Mizuho's TP Hike
Recommend
145
Positive
333
Negative
124
2020/08/05 15:29
Surpassing 20 MA ($31.5), SMIC (00981.HK) recouped 4% to $31.75. SMIC's A-share mounted 2.4% to RMB83.

Mizuho upgraded SMIC's H-share from Underperform to Buy, raising its target by 1.5 times to $38.

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