On June 25, SMIC rose 3.18% in regular trading, trading at HK$88.4/share, with turnover of HK$2.726 billion.
On the news front, the company officially completed its RMB 40.6 billion share issuance, acquiring 49% equity in SMIC North by issuing 547 million shares. SMIC North has now become a wholly-owned subsidiary, with the National Integrated Circuit Industry Investment Fund becoming the company's third-largest shareholder. This transaction marks the largest asset restructuring case in STAR Market history, with new shares registered on June 23, increasing total share capital to 8.561 billion shares.
Meanwhile, TSMC has notified customers of price increases across all advanced process nodes at 7nm and below, with hikes of approximately 5% to 10%, affecting roughly 75% of wafer revenue sources. This is broadly positive for industry-wide pricing expectations. Additionally, SMIC has received net southbound capital inflows for eight consecutive trading days, with cumulative net purchases reaching HK$6.492 billion, indicating sustained strength on the capital flow side.
(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.)
Comments