Movement Alert｜SMIC falls 3.25% in Regular Trading, weak fund flows and semiconductor sector pressure weigh on shares

Market Focus09:32

On October 30, SMIC fell 3.25% intraday, trading at HK$43.1, with turnover of HK$202 million.

The move aligns with the latest market narrative pointing to persistently weak fund flows and broader semiconductor sector weakness as the main pressures on the stock.

Recent market updates indicated SMIC had previously faced 15 consecutive sessions of southbound net selling and remained among the leading net-sold names in recent disclosures. At the same time, investors have continued to watch potential depreciation pressure following the capitalization of 12-inch production lines. Sector sentiment was also soft, with peers such as Hua Hong Grace, BIREN TECH, SG MICRO and GIGADEVICE also declining, reinforcing the pressure on SMIC.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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