SMIC

New Business

Chinese stock bulls add to record buying spree in Hong Kong as DeepSeek fuels rally

Mainland Chinese funds bought more stocks in Hong Kong this year to add to their record buying spree in 2024,…

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New Business

Hong Kong stocks rise as investors look for signs of fresh China stimulus

The Hang Seng Index added 1.1 per cent to 21,368.09 at 9.50am local time, extending a 4.5 per cent increase…

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New Business

Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout

Hong Kong stocks rose, bucking losses in regional markets, on speculation global funds will switch from expensive US tech companies…

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New Business

Hong Kong stocks waver on manufacturing wobble as China vows more support for economy

Hong Kong stocks slipped, erasing an earlier advance, after reports showed growth in Chinese manufacturing lost momentum last month, suggesting…

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New Business

Huawei’s new Mate 70 smartphone chip is ‘not a major redesign’, teardown report finds

Huawei Technologies’ new Mate 70 smartphones feature an in-house designed processor that does not show major improvements, indicating the Chinese…

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Tech

Chinese imports of chip gear hit record US$26 billion this year

Chinese imports of equipment to make semiconductors hit a record for the first seven months of this year as the…

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Tech

Tech war: Shanghai injects US$1 billion into chip fund as China strives for self-reliance

The Shanghai Semiconductor Industry Investment Fund (SSIIF), run by the municipal government to support the local chip industry, has doubled…

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Tech

Tech war: China pumps up state subsidies for chip industry to counter US sanctions

Government subsidies received by leading players in China’s semiconductor industry – including foundries, chip design and packaging firms – jumped…

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Tech

Tech war: China’s SMIC reports strong revenue growth as geopolitical tensions spur local demand

China’ top chip maker Semiconductor Manufacturing International Corp (SMIC) reported strong revenue growth in the second quarter as customers rushed…

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Tech

ASML, Huawei and Qualcomm may be caught in the crossfire as SMIC runs risk of US blacklist in escalating tech war

Here’s a look at SMIC’s relationship with its publicly traded suppliers and customers, based on financial data from exchange filings…

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