Movement Alert｜SMIC rises 3.04% in Regular Trading, fund third-quarter position increases lift attention

Market Focus10-28 09:36

On October 28, SMIC rose 3.04% in Regular Trading, trading at HK$46.86, with turnover of HK$191 million.

The immediate catalyst in public market information was renewed attention after multiple fund third-quarter reports showed notable position increases in SMIC or ranked it as a top holding, supporting sentiment toward the stock and the broader semiconductor space.

Among the disclosed details, Xingquan Heyi A listed SMIC as its largest holding with a 6.15% portfolio weight, while Penghua Jingxin Tianli Bond C increased its position by 2.285 million shares and also made SMIC its largest holding. This came alongside earlier market expectations for second-half revenue growth and ongoing localization trends, with peer semiconductor names also broadly advancing.

(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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