News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>HSBC Research Upgrades SMIC to Buy, Raises TP to HKD64
Amidst ongoing tensions between China and the US, SMIC (00981.HK) is poised to stand out in the semiconductor sector and continue benefiting from domestic demand driven by localiza...
Reset
Send
The window will close in 5 seconds
<Research>HSBC Research Upgrades SMIC to Buy, Raises TP to HKD64
Close
Recommend
41
Positive
81
Negative
31
 
 

Amidst ongoing tensions between China and the US, SMIC (00981.HK)  +0.250 (+0.548%)    Short selling $100.43M; Ratio 5.458%   is poised to stand out in the semiconductor sector and continue benefiting from domestic demand driven by localization trends, according to a report from HSBC Global Research.

Even though SMIC is facing short-term challenges in average selling price (ASP) due to yield issues with certain equipment, HSBC Global Research still expects the company to outpace the market.

Related NewsPing An Securities Recommends Eyeing 3 Key Themes amid Spreading 'Anti-Involution' Rally
The broker raised its target price for SMIC's H-shares from HKD35 to HKD64 and upgraded its rating from Reduce to Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.