$SMIC(00981)$ The logic behind

The logic behind buying SMIC (Semiconductor Manufacturing International Corporation) is straightforward:

In a bull market, all technology chip institutional funds and ETFs are allocated to the maximum extent possible, and there just aren't enough chips to go around!
Deeply tied to the bull market, it has sufficient technological value and is a sentiment leader in the broader market!
A significant drop is unlikely; at worst, there will be a sharp rise followed by a short-term adjustment! Institutional ETFs need to make profits!

In summary: SMIC Bull = Tech Bull = Bull Market! The height of the SMIC bull determines the height of this bull market! At the current bottom, any adjustment means it's a no-brainer to buy!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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