Movement Alert|SMIC Rises 3.07% at Open, Multiple Buy Ratings and Record Revenue Boost Sentiment

Market Focus
06/12

On June 12, SMIC rose 3.07% at open, trading at 75.55 HKD/share, with turnover of 89.17 million HKD.

On the news front, multiple brokerages recently issued buy ratings for SMIC. Everbright Securities International set a target price of 90 HKD, highlighting the company as the largest beneficiary of domestic substitution with AI-driven orders filling capacity. Guohai Securities also initiated coverage with a buy rating, forecasting 2026 revenue of 11.445 billion USD with 23% YoY growth, noting its acquisition of SMIC North 49% minority stake has received regulatory approval.

Additionally, Counterpoint Research data released on June 9 showed the global pure-play foundry market grew 30% YoY in Q1, driven by surging AI GPU and ASIC orders. SMIC reported its highest-ever quarterly revenue, ranking third globally by revenue. Within the semiconductor sector, HUA HONG SEMI rose 4.59%, MONTAGE TECH rose 6.08%, GIGADEVICE rose 4.95%, INNOSCIENCE rose 3.43%, and ILUVATAR COREX rose 3.58%.

(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.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10