SMIC - Asia Tech Wire

SMIC

        2025.02.03
    
16:11

                            Hang Seng Index closed down 0.04% on the first trading day of the Year of the Snake; SMIC rose more than 10%
                        
                            On the first trading day of the Year of the Snake, the Hang Seng Index closed down 0.04%, while the Hang Seng Technology Index rose 0.29%. AI concept stocks strengthened, with Alibaba up more than 6%, SMIC up more than 10%, and Kingsoft Cloud up more than 31%, hitting a record high. The sharp drop in cryptocurrencies dragged down related sectors, with Xiong'an Technology and OKEx Cloud Chain down more than 9%, and Xinhuo Technology Holdings down nearly 4%.
                        
15:16

                            The Hang Seng Tech Index rose 0.1% in late trading, with SMIC (00981.HK) expanding its gains to 10%.
                        
15:15

                            Hang Seng Technology Index rose 0.1% in late trading, while SMIC's gains expanded to 10%
                        
                            The Hang Seng Tech Index rose 0.1% in late trading, with SMIC's gains expanding to 10%.
                        
14:55

                            Hang Seng Tech Index turns positive
                        
                            The Hang Seng Technology Index turned positive, with SMIC rising by more than 9%.
                        
12:04

                            The Hang Seng Index closed down 0.74% at noon, and the Tech Index closed down 0.67%. The industrial and pharmaceutical sectors led the decline, with JD Health falling nearly 7%. Semiconductor and AI concepts rose, with SMIC rising nearly 8% and Kingsoft Cloud soaring more than 34%.
                        
12:04

                            Hong Kong Stocks Midday Review: Hang Seng Index closed down 0.74%; Kingsoft Cloud surged over 34%
                        
                            The Hang Seng Index closed down 0.74% at noon, and the Tech Index closed down 0.67%. The industrial and pharmaceutical sectors led the decline, with JD Health falling nearly 7%. Semiconductor and AI concepts rose, with SMIC rising nearly 8% and Kingsoft Cloud soaring more than 34%.
                        
11:25

                            SMIC (00981.HK) saw its share price increase by 7%, with a turnover exceeding HK$1.8 billion.
                        
11:22

                            Hong Kong-listed SMIC rose more than 7%
                        
                            Hong Kong-listed Semiconductor Manufacturing International Corporation rose more than 7%, with a turnover exceeding HK$1.8 billion.
                        
10:30

                            Some AI-related Hong Kong stocks continued to rise, with Kingsoft Cloud (03896.HK) surging 29% and SMIC (00981.HK) rising more than 5%.
                        
10:27

                            Some AI concept Hong Kong stocks saw their gains expand, with Kingsoft Cloud rising 29%
                        
                            AI concept Hong Kong stocks have seen their gains expand. As of press time, Kingsoft Cloud has risen by more than 29%, Fourth Paradigm has risen by more than 10%, and SMIC has risen by more than 5%. Huatai Securities believes that DeepSeek may catalyze the revaluation of Hong Kong tech stocks and recommends that investors adjust their positions along with changes in earnings expectations and increase their allocation to Internet and tech hardware.
                        
10:14

                            Hang Seng Tech Index falls 3%
                        
                            The Hang Seng Technology Index fell by 3%. Dongfangzhenxuan and JD Health fell by more than 9%, Bilibili and Li Auto fell by more than 8%. Kingsoft Cloud rose by more than 22% against the market trend, and Alibaba and SMIC rose by more than 3%.
                        
10:12

                            The Hang Seng Tech Index's decline widened to 3%, while Alibaba (09988.HK) and SMIC (00981.HK) narrowed their gains.
                        
09:39

                            Hang Seng Technology Index fell 2%, while SMIC rose more than 5% against the trend
                        
                            Hong Kong stocks extended their losses, with the Hang Seng Index down 1.5%, the Hang Seng Tech Index down 2%, and SMIC bucking the trend and rising by more than 5%.
                        
09:38

                            The Hong Kong stock price of Semiconductor Manufacturing International Corporation (00981.HK) expanded its gains to 5.1% in early trading.
                        
        2025.01.28
    
09:41

                            Hong Kong stocks Semiconductor Manufacturing International Corporation (00981.HK) and ZTE Corporation (00763.HK) fell by more than 4%.

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