Movement Alert|SMIC Rises 3.18% in Regular Trading, RMB 40.6 Billion Share Issuance Completed Combined with TSMC Price Hike Tailwind

Market Focus
06/25

On June 25, SMIC rose 3.18% in regular trading, trading at HK$88.4/share, with turnover of HK$2.726 billion.

On the news front, the company officially completed its RMB 40.6 billion share issuance, acquiring 49% equity in SMIC North by issuing 547 million shares. SMIC North has now become a wholly-owned subsidiary, with the National Integrated Circuit Industry Investment Fund becoming the company's third-largest shareholder. This transaction marks the largest asset restructuring case in STAR Market history, with new shares registered on June 23, increasing total share capital to 8.561 billion shares.

Meanwhile, TSMC has notified customers of price increases across all advanced process nodes at 7nm and below, with hikes of approximately 5% to 10%, affecting roughly 75% of wafer revenue sources. This is broadly positive for industry-wide pricing expectations. Additionally, SMIC has received net southbound capital inflows for eight consecutive trading days, with cumulative net purchases reaching HK$6.492 billion, indicating sustained strength on the capital flow side.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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