Semiconductor Manufacturing International’s Stock Price Soars to 41.90 HKD, Marking a Robust 6.35% Increase

Semiconductor Manufacturing International (981)

41.90 HKD +2.50 (+6.35%) Volume: 185.9M

Semiconductor Manufacturing International’s stock price soared to 41.90 HKD, marking a bullish +6.35% surge in the current trading session, with a high trading volume of 185.9M shares. The impressive performance extends to a solid YTD gain of +31.76%, highlighting the strong investor confidence in 981’s robust semiconductor manufacturing capabilities.

Latest developments on Semiconductor Manufacturing International

Today, Semiconductor Manufacturing International Corp (SMIC) saw a significant increase in its stock price as Hong Kong Connect Southbound Flows on January 17, 2025, showed big net buying by investors. This surge in interest in SMIC comes amid a focus on technology stocks, with investors showing confidence in the company’s future growth prospects. The positive sentiment towards SMIC has led to a boost in its stock price, reflecting the market’s optimism about the company’s performance in the coming days.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have differing views on Semiconductor Manufacturing International Corp (SMIC). Travis Lundy, with a bullish sentiment, notes significant net buying by Southbound investors in the tech sector, including SMIC. On the other hand, Nicolas Baratte, leaning bearish, highlights concerns about poor margins and inventory risks facing Chinese foundries like SMIC. Patrick Liao, also bullish, emphasizes SMIC’s steady growth forecast, focusing on AI and capacity expansion.

While Lundy observes a risk-on move with large net buying in various sectors, Liao discusses SMIC’s resilience amidst a prolonged US-China trade war, with expectations of revenue growth despite challenges. These contrasting perspectives offer investors valuable insights into the opportunities and risks associated with investing in SMIC.

A look at Semiconductor Manufacturing International Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Semiconductor Manufacturing International Corp (SMIC) shows a promising long-term outlook. With a high Value score of 5, the company is considered to be a good investment opportunity. Additionally, its strong Momentum score of 5 indicates positive market trends and investor interest in the company’s stock.

While SMIC scores lower in Dividend, Growth, and Resilience factors, with scores of 1, 3, and 2 respectively, the overall outlook remains positive. The company operates as a semiconductor foundry, providing a range of integrated circuit foundry and technology services globally. With its solid Value and Momentum scores, Semiconductor Manufacturing International Corp (SMIC) appears to be well-positioned for future growth and success in the semiconductor industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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