Bloomberg Markets
2021-07-26

$SMIC(00981)$ Why buy SMIC? Very simple. China Government wants China to be 50% self reliance on semiconductors by 2025. Currently now, China imports 91% of semiconductors overseas due to not enough production within own country. SMIC is expanding their production lines rapidly and is expected to grow 15% a year till 2023, then 30-40% per year till 2025. This means buying SMIC shareprice now at under $25, we will see its market cap 5-6x by 2025. Meaning shareprice will be $25x6= $150.

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Comments

  • 夕颜_6875
    2021-07-26
    夕颜_6875
    长期看好,坚定持有。
  • 纯天然绿色学渣
    2021-07-26
    纯天然绿色学渣
    It makes sense. Currently there is a shortage of chips and the demand is great, so are there any suitable opportunities recently?
  • 21克拉粉钻
    2021-07-26
    21克拉粉钻
    中芯国际也是中国的意志、长期看
  • SanJunn
    2021-07-28
    SanJunn
    Like please
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