Movement Alert｜SMIC falls 3.82% in Regular Trading, persistent fund outflows and depreciation concerns weigh on shares

Market Focus10-26

On October 26, SMIC fell 3.82% in Regular Trading, trading at HK$45.32, with turnover of HK$254 million.

The move was accompanied by continued weakness in capital flows, which remained the clearest direct pressure on the stock.

Recent market data showed Hong Kong southbound funds had previously sold SMIC for 15 straight sessions, and net selling continued in the latest session cited by the market. In the A-share market, main funds had posted a net buy of RMB78.39 million on October 22, but margin financing recorded a net repayment of RMB96.35 million, pointing to ongoing short-term divergence in positioning. At the same time, the market has continued to watch the earnings impact from depreciation tied to the capitalization of 12-inch production lines, adding another layer of pressure on valuation and near-term sentiment.

(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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