SMIC - TechWire

SMIC

2025.05.05

07:00

Important events and data forecast this week - Federal Reserve decision, China's foreign exchange reserves, trade account and CPI data

1. Monday: ① Data: Eurozone May Sentix Investor Confidence Index, US April S&P Global Services PMI Final Value, US April ISM Non-Manufacturing PMI; ② Saudi Aramco announces the official crude oil price around the 5th of each month; ③ China, Japan, South Korea and UK stock markets are closed. 2. Tuesday: ① Data: China April Caixin Services PMI, France March Industrial Output Monthly Rate, France, Germany, UK and Eurozone Services PMI Final Value, Eurozone March PPI Monthly Rate, US March Trade Account, US April Global Supply Chain Stress Index; ② The European Central Bank holds a central bank forum until May 7; ③ Japan and South Korea stock markets are closed; ④ The new German government takes office; ⑤ US stock after-hours earnings report: AMD, Lucid. 3. Wednesday: ① Data: API crude oil inventory and EIA crude oil inventory in the United States, France's March trade account, Eurozone March retail sales monthly rate, China's April foreign exchange reserves; ② EIA releases monthly short-term energy outlook report; ③ The conclave of cardinals to elect the new pope of the Vatican begins; ④ The implementation of new US ID card regulations; ⑤ US stock after-hours earnings: Disney, Arm, Occidental Petroleum. 4. Thursday: ① Data: Germany's March seasonally adjusted industrial output monthly rate, UK Halifax seasonally adjusted house price index monthly rate in April, US initial jobless claims, US March wholesale sales monthly rate, US New York Fed 1-year inflation expectations in April; ② The Federal Reserve announces interest rate decisions; ③ The Bank of England announces interest rate decisions, meeting minutes and monetary policy reports; ④ Hong Kong stock earnings: SMIC, Hua Hong Semiconductor; ⑤ Russia ceases fire for three days. 5. Friday: ① Data: Canada’s April employment, China’s April M2 money supply annual rate, China’s April trade account; ② Multiple Fed officials speak intensively; ③ Bank of England Governor Bailey speaks; ④ Russia celebrates the 80th anniversary of the victory of the Great Patriotic War. 6. Saturday: ① Total number of oil rigs in the United States as of the week ending May 9; ② China’s April CPI annual rate; ③ Speeches by three Fed officials; ④ Candidate registration for South Korea’s presidential election begins; ⑤ The newly revised “Marriage Registration Regulations” are implemented.

2025.05.04

21:07

Important events and data forecast for next week - China's foreign exchange reserves, trade account, CPI data, interest rate decisions of the Bank of England and the United States

1. Monday: ① Data: Eurozone May Sentix Investor Confidence Index, US April S&P Global Services PMI Final Value, US April ISM Non-Manufacturing PMI; ② Saudi Aramco announces the official crude oil price around the 5th of each month; ③ China, Japan, South Korea and UK stock markets are closed. 2. Tuesday: ① Data: China April Caixin Services PMI, France March Industrial Output Monthly Rate, France, Germany, UK and Eurozone Services PMI Final Value, Eurozone March PPI Monthly Rate, US March Trade Account, US April Global Supply Chain Stress Index; ② The European Central Bank holds a central bank forum until May 7; ③ Japan and South Korea stock markets are closed; ④ The new German government takes office; ⑤ US stock after-hours earnings report: AMD, Lucid. 3. Wednesday: ① Data: U.S. API crude oil inventory and EIA crude oil inventory, France's March trade account, Eurozone March retail sales monthly rate, China's April foreign exchange reserves (to be determined); ② EIA releases monthly short-term energy outlook report; ③ The conclave of cardinals to elect the new Vatican pope begins; ④ The implementation of new U.S. ID card regulations; ⑤ U.S. after-hours earnings: Disney, Arm, Occidental Petroleum. 4. Thursday: ① Data: Germany's March seasonally adjusted industrial output monthly rate, UK April Halifax seasonally adjusted house price index monthly rate, U.S. initial jobless claims, U.S. March wholesale sales monthly rate, U.S. New York Fed 1-year inflation expectations in April; ② The Federal Reserve announces interest rate decisions; ③ The Bank of England announces interest rate decisions, meeting minutes and monetary policy reports; ④ Hong Kong stock earnings: SMIC, Hua Hong Semiconductor; ⑤ Russia ceases fire for three days. 5. Friday: ① Data: Canada’s April employment, China’s April M2 money supply annual rate, China’s April trade account; ② Multiple Fed officials speak intensively; ③ Bank of England Governor Bailey speaks; ④ Russia celebrates the 80th anniversary of the victory of the Great Patriotic War. 6. Saturday: ① Total number of oil rigs in the United States as of the week ending May 9; ② China’s April CPI annual rate; ③ Speeches by three Fed officials; ④ Candidate registration for South Korea’s presidential election begins; ⑤ The newly revised “Marriage Registration Regulations” are implemented.

2025.04.25

10:04

Hong Kong-listed semiconductor stocks fell collectively, with Baker Micro (02149.HK) and Hua Hong Semiconductor (01347.HK) falling more than 6%, Inspur (00595.HK), BrainDong Technology (02203.HK), and SMIC (00981.HK) falling more than 3%.

2025.04.23

03:58

Public funds embrace technology and innovation; Tencent becomes the top holding stock for the first time

The latest disclosed public fund's first quarter report for 2025 shows that in the volatile market in the first quarter of this year, the fund strongly embraced technology and innovation. Tencent became the fund's top holding for the first time, CATL took second place, and Kweichow Moutai was the third largest holding. Among the top 50 holdings of the fund, there are as many as 12 companies in the information technology industry among A-share companies alone, including North China Huachuang, Haiguang Information, SMIC, GigaDevice, Cambrian, Shengbang Shares, etc. in the semiconductor field, as well as Luxshare Precision, the leading stock in the Apple industry chain, and Shenghong Technology, the leading PCB company. In the first quarter of this year, the fund increased its layout of Hong Kong stocks. Among the top 50 holdings of the fund, there are 8 Hong Kong-listed companies, namely Tencent Holdings, Alibaba-W, Xiaomi Group-W, Meituan-W, China Mobile, China National Offshore Oil Corporation, Pop Mart and SMIC. What has attracted much attention is that Tencent has become the top holding of public funds for the first time. Data shows that by the end of the first quarter, a total of 1,186 funds held Tencent Holdings, with a holding value of 69.384 billion yuan; 1,267 funds held CATL, with a total holding value of 55.369 billion yuan; the market value of Kweichow Moutai held by funds was 37.862 billion yuan. The next funds with the largest holdings are Alibaba-W, Midea Group, Luxshare Precision, BYD, etc.

2025.04.17

12:01

Hong Kong Stocks Midday Review: Hang Seng Index rose 1.62% and Hang Seng Technology Index rose 2.30%

At the close of Hong Kong stocks at noon, the Hang Seng Index rose 1.62%, and the Hang Seng Technology Index rose 2.30%. Weilai, NetEase, SMIC, and Alibaba rose more than 3%, and Tencent Holdings rose more than 2%.

2025.04.16

09:23

Hong Kong stocks opened: Hang Seng Index opened 0.70% lower, Hang Seng Technology Index opened 1.46% lower

Hong Kong stocks opened, the Hang Seng Index opened 0.70% lower, and the Hang Seng Technology Index opened 1.46% lower. Chifeng Gold rose more than 6%, SMIC rose more than 2%; Alibaba and Xpeng Motors fell more than 2%.

2025.04.15

17:46

Southbound funds net bought about HK$7.2 billion today, with Tencent Holdings leading the net purchase

Southbound funds net bought HK$7.203 billion today. Among them, Tencent Holdings and Meituan-W received net purchases of approximately HK$748 million and HK$524 million respectively; SMIC and Xiaomi Group-W were net sold for approximately HK$792 million and HK$528 million respectively.

17:34

Southbound funds made a large net purchase of 7.203 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), China Mobile and China National Offshore Oil Corporation received net purchases of HK$558 million and HK$392 million respectively; Xiaomi Group-W had the largest net sales of HK$355 million; in terms of Hong Kong Stock Connect (Shenzhen), Tracker Fund Management and Tencent Holdings received net purchases of HK$792 million and HK$473 million respectively; SMIC had the largest net sales of HK$1.057 billion.

16:12

Hong Kong stocks closed: Hang Seng Index rose 0.23% Hang Seng Technology Index fell 0.67%

At the close of Hong Kong stocks, the Hang Seng Index rose 0.23%, and the Hang Seng Technology Index fell 0.67%. The Hong Kong Stock Technology ETF (159751) closed down 0.42%, and the Hang Seng Hong Kong Stock Connect ETF (159318) closed flat. Pop Mart and Laopu Gold rose more than 3%, SMIC fell more than 4%, and Xpeng Motors and Li Auto fell more than 2%.

16:11

At the close of Hong Kong stocks, the Hang Seng Index closed up 0.23%, the Hang Seng Tech Index closed down 0.67%, Yingen Biopharmaceuticals (09606.HK) closed up 116.70% on its first day of listing, and SMIC (00981.HK) closed down 4.53%.

12:01

Hong Kong Stocks Midday Review: Hang Seng Index rose 0.19% Hang Seng Technology Index fell 0.91%

At the close of Hong Kong stocks at noon, the Hang Seng Index rose 0.19%, and the Hang Seng Technology Index fell 0.91%. Laopu Gold rose more than 3%; SMIC and Xpeng Motors fell more than 3%.

09:57

The semiconductor sector of Hong Kong stocks performed poorly, with SMIC (00981.HK) falling more than 3%, Shanghai Fudan (01385.HK) falling more than 5%, and Hongguang Semiconductor (06908.HK) and Innoscience (02577.HK) following suit.

09:56

Hong Kong stocks semiconductor sector fell, Shanghai Fudan fell more than 5%

The Hong Kong stock semiconductor sector fell, with Shanghai Fudan falling more than 5%, followed by Hua Hong Semiconductor, SMIC, and Hongguang Semiconductor.

2025.04.14

17:32

Southbound funds made a large net purchase of 5.78 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Xiaomi Group-W and Alibaba-W received net purchases of HK$1.063 billion and HK$486 million respectively; SMIC ranked first in net sales, with an amount of HK$120 million; in terms of Hong Kong Stock Connect (Shenzhen), Pop Mart and Hong Kong Exchanges and Clearing received net purchases of HK$242 million and HK$239 million respectively; Xiaomi Group-W ranked first in net sales, with an amount of HK$884 million.

2025.04.11

17:47

Southbound funds made a large net purchase of 11.694 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Alibaba-W and Tencent Holdings received net purchases of HK$2.321 billion and HK$1.225 billion respectively; SMIC ranked first in net sales, with an amount of HK$312 million; in terms of Hong Kong Stock Connect (Shenzhen), Tencent Holdings and China Construction Bank received net purchases of HK$735 million and HK$608 million respectively; Meituan-W ranked first in net sales, with an amount of HK$109 million.

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