SMIC - TechWire

SMIC

2025.10.27

18:02

Southbound funds saw net purchases of 2.873 billion yuan today. On the Shanghai side of the Hong Kong Stock Connect, Tencent Holdings and CNOOC saw net purchases of HK$1.256 billion and HK$545 million, respectively. Alibaba-W led the market with net sales of HK$1.204 billion. On the Shenzhen side of the Hong Kong Stock Connect, Hua Hong Semiconductor and SMIC saw net purchases of HK$1.162 billion and HK$1.145 billion, respectively. Alibaba-W led the market with net sales of HK$781 million.

2025.10.24

17:36

Southbound funds net bought HK$3.414 billion today, with Meituan-W leading the purchase amount.

Southbound funds saw a net purchase of HK$3.414 billion today. Meituan-W, SMIC, and CNOOC ranked the top three in terms of net purchases, receiving HK$655 million, HK$602 million, and HK$571 million, respectively. In terms of net sales, Pop Mart, CSPC Pharmaceutical Group, and UBTECH Robotics saw net sales of HK$629 million, HK$247 million, and HK$211 million, respectively.

16:11

Hong Kong Stock Market Close Review: Hang Seng Index rose 0.74%, Hang Seng Tech Index rose 1.82%

At the close of Hong Kong trading, the Hang Seng Index rose 0.74%, and the Hang Seng Tech Index rose 1.82%. The Hong Kong Stock Technology ETF (159751) rose 0.86%, and the Hang Seng Hong Kong Stock Connect ETF (159318) rose 0.78%. Among sectors, food and building products saw the largest gains, while water and energy equipment and services saw the largest declines. Among individual stocks, Kangda Food surged over 163%; Hua Hong Semiconductor rose 13.73%; SMIC rose 8.04%; Prada rose 6.44%; Horizon Robotics-W rose 6.35%; Jiangxi Copper Co., Ltd. rose 6.2%; Luoyang Molybdenum Co., Ltd. rose 6.16%; ZTE Corporation rose 5.32%; CICC rose 4.42%; and China Hongqiao Securities rose 4.29%. Tianjin Chuangye Environmental Protection Co., Ltd. fell 11.27%; Shandong Molong fell 15.71%; and Huiju Technology rose 12.02%.

12:02

Hong Kong Stock Market Midday Review: Hang Seng Index rose 0.59%, Hang Seng Tech Index rose 1.22%

At the midday close of Hong Kong stocks, the Hang Seng Index rose 0.59%, and the Hang Seng Tech Index rose 1.22%. The Hong Kong Stock Technology ETF (159751) rose 1.03%, and the Hang Seng Hong Kong Stock Connect ETF (159318) rose 0.64%. Among sectors, food, forestry, and paper products saw the largest gains, while passenger airlines and industrial conglomerates saw the largest declines. Among individual stocks, Kangda Food surged over 158%; Hua Hong Semiconductor rose 11.59%; SMIC rose 5.54%; Prada rose 5.44%; ZTE rose 4.96%; Luoyang Molybdenum rose 4.92%; Jiangxi Copper Co., Ltd. rose 4.05%; Zhengli New Energy fell 9.08%; Shandong Molong fell 10.93%; and Huiju Technology rose 11.1%.

10:08

Hong Kong-listed semiconductor stocks continued to rise, with Hua Hong Semiconductor surging 10%.

The Hong Kong stock market's semiconductor sector continued to rise, with Hua Hong Semiconductor surging 10%, Shanghai Fudan and Solomon Semiconductor rising more than 6%, and SMIC and ASMPT rising more than 5%.

09:44

The semiconductor sector of Hong Kong stocks continued to strengthen, with Hua Hong Semiconductor (01347.HK) and Shanghai Fudan (01385.HK) rising by more than 6%, SMIC (00981.HK) rising by more than 4%, and Solomon's Gate Semiconductor (02878.HK) and Innoscience (02577.HK) following suit.

09:38

The Hang Seng Index continued to strengthen, rising by more than 1%. WuXi AppTec (02359.HK) and SMIC (00981.HK) led the gains in constituent stocks. The Hang Seng Tech Index is now up 1.54%.

09:21

Hong Kong stocks opened: Hang Seng Index opened 0.81% higher, Hang Seng Tech Index opened 1.36% higher

At the Hong Kong stock market opening, the Hang Seng Index opened 0.81% higher, and the Hang Seng Tech Index rose 1.36%. Chip and internet stocks opened higher, with Hua Hong Semiconductor up 2.83%, SMIC up 2.23%, and Alibaba-W up 2.07%.

2025.10.23

13:37

The semiconductor sector of Hong Kong stocks continued to weaken in the afternoon. Shanghai Fudan (01385.HK) and Hua Hong Semiconductor (01347.HK) fell by more than 6%, SMIC (00981.HK) fell by more than 3%, and Hongguang Semiconductor (06908.HK) and Innoscience (02577.HK) followed suit.

2025.10.22

13:31

The semiconductor sector of Hong Kong stocks rebounded in the afternoon, with SMIC (00981.HK) rising nearly 2%, Hua Hong Semiconductor (01347.HK) narrowing its decline to 2%, and Shanghai Fudan (01385.HK), Solomon Semiconductor (02878.HK) and others following suit.

10:51

Morgan Stanley upgrades SMIC's Hong Kong stock rating to "overweight" due to strong domestic demand for AI GPUs

Morgan Stanley published a report stating that the booming development of AI applications in mainland China and policy support for domestic AI GPUs are expected to boost demand for cutting-edge wafer foundry services in the country over the next two years. The bank upgraded SMIC (00981.HK) from Market Perform to Overweight, raised its 2026/27 earnings per share forecast, and increased its target price by 100% from HK$40 to HK$80, assuming that gross profit margins will increase with improved yield rates and anticipating a higher revenue structure driven by demand for AI high-performance computing. The bank downgraded Hua Hong Semiconductor (01347.HK) from Market Perform to Underweight, citing concerns about the sustainability of its mature node business. The bank raised its target price by 58% from HK$38 to HK$60.

09:40

The semiconductor sector of Hong Kong stocks weakened, with Hua Hong Semiconductor (01347.HK) falling more than 5%, Innoscience (02577.HK) falling more than 2%, and SMIC (00981.HK) and Hongguang Semiconductor (06908.HK) following suit.

2025.10.21

17:32

Southbound funds made a net purchase of HK$1.171 billion today, with Pop Mart leading the net purchase amount.

Southbound funds saw net purchases of HK$1.171 billion today. Within the Shanghai-Hong Kong Stock Connect, Pop Mart and Xiaomi Group-W saw net purchases of HK$683 million and HK$652 million, respectively. Alibaba-W led the market with net sales of HK$133 million. Within the Shenzhen-Hong Kong Stock Connect, Pop Mart and SMIC saw net purchases of HK$438 million and HK$180 million, respectively. Tracker Fund of Investments led the market with net sales of HK$1.102 billion.

17:31

Southbound funds saw net purchases of 1.171 billion yuan today. On the Shanghai side of the Hong Kong-Shanghai Stock Connect, Pop Mart and Xiaomi Group-W saw net purchases of HK$683 million and HK$652 million, respectively. Alibaba-W led the market with net sales of HK$133 million. On the Shenzhen side of the Hong Kong-Shenzhen Stock Connect, Pop Mart and SMIC saw net purchases of HK$438 million and HK$180 million, respectively. Tracker Fund of Investments led the market with net sales of HK$1.102 billion.

12:01

Hong Kong Stock Market Midday Review: Hang Seng Index rose 1.65%, Hang Seng Tech Index rose 2.6%

At the midday close of Hong Kong stocks, the Hang Seng Index rose 1.65%, and the Hang Seng Tech Index rose 2.6%. The Hong Kong Stock Technology ETF (159751) rose 2.69%, and the Hang Seng Hong Kong Stock Connect ETF (159318) rose 1.28%. Among sectors, industrial conglomerates and insurance companies saw the largest gains, while the gas sector saw the largest declines. Among individual stocks, Lens Technology rose 7.96%, China Life Insurance rose 7.57%, Horizon Robotics-W rose 6.17%, CICC rose 5.97%, SMIC rose 5.92%, CITIC Construction Investment Securities rose 5.6%, New China Life Insurance rose 5.44%, Fast Retailing rose 5.0%, CITIC Securities rose 4.47%, China Galaxy Securities rose 4.36%, Huatai Securities rose 4.29%, and CATL rose 4.26%. Yaojie Ankang-B fell 9.02%, and Delin Holdings fell 11.34%. Sinopec Oilfield Services rose 14.67%, and Huiju Technology rose 13.52%.

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