0981.HK - Semiconductor Manufacturing International Corporation

HKSE - HKSE Delayed Price. Currency in HKD
9.690
-0.150 (-1.52%)
At close: 4:08PM HKT
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Previous Close9.840
Open9.840
Bid9.660 x 0
Ask9.690 x 0
Day's Range9.600 - 9.910
52 Week Range6.250 - 11.060
Volume20,601,481
Avg. Volume24,369,537
Market Cap48.973B
Beta (3Y Monthly)0.54
PE Ratio (TTM)125.02
EPS (TTM)0.078
Earnings DateNov 12, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.95
  • PR Newswire

    SMIC's Third Quarter 2019 Webcast Conference Call

    SMIC (SEHK: 981, OTCQX: SMICY) SHANGHAI , Oct. 10, 2019 /PRNewswire/ -- Please join SMIC's earnings conference call, with: Dr. Zhao Haijun , Co-Chief Executive Officer and Executive Director Dr. Liang ...

  • PR Newswire

    SMIC Announces Unaudited 2019 Interim Results

    SHANGHAI , Aug. 29, 2019 /PRNewswire/ -- S emiconductor Manufacturing International Corporation  (SEHK: 981; OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading ...

  • PR Newswire

    SMIC Reports 2019 Second Quarter Results

    The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2019. Gross profit was $151.2 million in 2Q19, an increase of 23.8% QoQ from $122.1 million in 1Q19, compared to $217.8 million in 2Q18 and $165.0 million (excluding technology licensing revenue) in 2Q18.

  • South China Morning Post

    China is powering ahead with its tech development blueprint, it's just not talking about it

    More than nine listed firms have disclosed new investment made by the Big Fund since April last year, according to stock filings. These include Shenzhen listed Changchuan Technology, a semiconductor test equipment company, and GigaDevice Semiconductor, a Shanghai listed Integrated Circuit flash memory chip designer.However, these investments are only "tip of the iceberg" of the investment made by the Big Fund, said Ng Sze Ho, a tech analyst with China Renaissance Securities. "In reality, the fund is leading others, like industry funds raised by local governments, and private equity funds, into China's chip industry."The actual investment could be several times bigger than the figures reported in stock filing disclosures, he said.Employees dressed in dustproof clothing work at a chip wafer plant in mainland China operated by Hong Kong-listed Semiconductor Manufacturing International Corp, one of the early investee companies of the China National Integrated Circuit Industry Investment Fund. Photo: Handout alt=Employees dressed in dustproof clothing work at a chip wafer plant in mainland China operated by Hong Kong-listed Semiconductor Manufacturing International Corp, one of the early investee companies of the China National Integrated Circuit Industry Investment Fund. Photo: HandoutThe Big Fund initially raised about 138.7 billion yuan (US$21.8 billion), and had fully invested those proceeds by early 2018, official information showed.A second round of fundraising closed in April, raising an additional 120 billion yuan, Reuters reported.Interactive Infographics: Made in China 2025 " How Beijing is boosting its semiconductor industryMost of the capital from the first fundraising was invested into manufacturers of integrated circuits.Since 2015, the state investment fund has built up a 15.1 per cent stake in Semiconductor Manufacturing International Corporation (SMIC), China's biggest foundry company.How China's 'Big Fund' is helping the country catch up in the global semiconductor raceMore recently, the fund has been investing in smaller, emerging companies, ranging from material research, to integrated circuit design, to manufacturing and testing, Ng said."The biggest difference we see today is that China is pouring money into every chain of the chip industry," he said."It also makes it more difficult for people to track the Big Fund, because they are engaging in more pre-IPO fundraising activities, which are under very low disclosure requirements, or indirectly investing in companies, which are partially owned by shareholders in which the fund has stakes" Ng said.For example, Piotech, a Chinese maker of deposition equipment used to manufacture nano-scale semiconductors, has received investment from the fund. The company is considered strategically important because it is one of the few Chinese companies to compete in an industry dominated by US companies, Ng said.AMEC, a Shanghai based micro-fabrication equipment firm, said the Big Fund is among its shareholders with a stake of at least 5 per cent. The information surfaced in a March listing prospectus ahead of a planned IPO on Shanghai's newly created STAR board in July.Beijing tries to play down 'Made in China 2025' as Donald Trump escalates trade hostilities"Although the official rhetoric on China's tech dream quieted down after the trade war, we feel the on-the-ground work actually picked up," said Frank Xu, a portfolio manager with Hong Kong based hedge fund Q Fund Management."We took a more careful look into the Chinese photoresist manufacturers this month ... and found almost all the Chinese peers have been invested in by the Big Fund in the past year," Xu said.In a July research report entitled "Evolving Made in China 2025", German research institute Merics said China has launched at least 20 different projects related to its national strategy, and issued 445 authoritative documents detailing implementation measures as of the end of 2018.Local governments continue to be highly active translating Beijing's national vision into local directives, the report said.The report said that Beijing has toned down references to its future technological development, directing media coverage and official statements to "dial back" on mentions of MIC2025 and terms such as "self sufficiency rate".This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2019 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.

  • PR Newswire

    Second Quarter 2019 Webcast Conference Call

    SMIC (SEHK: 981, OTCQX: SMICY) SHANGHAI , July 10, 2019 /PRNewswire/ -- Please join SMIC's  earnings conference call, with: Dr. Zhao Haijun , Co-Chief Executive Officer and Executive Director Dr.   Liang ...

  • PR Newswire

    OTC Markets Group Welcomes Semiconductor Manufacturing International Corporation to OTCQX

    NEW YORK , June 14, 2019 /PRNewswire/ --   OTC Markets Group Inc.  (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Semiconductor Manufacturing International ...

  • PR Newswire

    7th Anniversary of "SMIC Liver Transplant Program" - Cumulative Donation Saved Over 420 Children

    SHANGHAI, June 10, 2019 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC") (SMI) (SEHK:0981.HK), one of the leading foundries in the world, and Mainland China's largest foundry in scale, broadest in technology coverage, and most comprehensive in semiconductor manufacturing services, held its 7th Donation Ceremony of the "SMIC Liver Transplant Program". At the ceremony, SMIC announced a further donation of RMB 2.32 million to the China Soong Ching Ling Foundation for funding underprivileged children to receive liver transplant operations at Renji Hospital, for which the cumulative donation has exceeded RMB 24.8 million for the last 7 years.

  • Huawei Supplier Surges in Hong Kong After Canceling NYSE Listing
    Bloomberg

    Huawei Supplier Surges in Hong Kong After Canceling NYSE Listing

    Semiconductor Manufacturing International Corp. was Monday’s top gainer on the MSCI China Index as well as its Asia-Pacific gauge with a 10% rally. It was a different story for its American depositary shares, which tumbled 5.6% at the end of last week in New York after the Shanghai-based firm said it was delisting due to considerations including limited trading volume and costs. SMIC’s biggest customer is the parent of Huawei Technologies Co., the high-profile subject of a U.S. ban.

  • China's Chip Companies Just Can't Excite the NYSE
    Bloomberg

    China's Chip Companies Just Can't Excite the NYSE

    If anything, the move underlines a simple fact: China currently lacks a viable and international semiconductor industry. This trade spat highlights the country’s deficiencies in technology. On May 24 the Shanghai-based company announced plans to take its ADRs off the NYSE because of low trading volume and the administrative costs of keeping them there.

  • CNBC

    Major Chinese chipmaker delisting from the NYSE, but says it has nothing to do with trade war

    Semiconductor Manufacturing International has notified the New York Stock Exchange it will apply for a voluntary delisting of its American depositary shares. The motivation for the withdrawal is that the company's ADR listing in the U.S. sees "low trading volume and high costs," and "it has nothing to do with the trade war and Huawei incident," the company told CNBC. One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange amid the trade war, but the company said the decision is not related to the heightened tensions between the United States and China.

  • PR Newswire

    Announcement of Intention to Delist American Depositary Shares From the New York Stock Exchange

    SEHK: 981) today announced that the Company has notified the New York Stock Exchange ("NYSE") on May 24, 2019 (Eastern Time in the U.S.) that it will apply for the voluntary delisting of its American depositary shares ("ADSs") from the NYSE and the deregistration of such ADSs and underlying ordinary shares under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Board of Directors of SMIC approved the delisting of its ADSs from NYSE and the deregistration of such ADSs and the underlying ordinary shares under the Exchange Act due to a number of considerations, including the limited trading volume of its ADSs relative to its worldwide trading volume, and the significant administrative burden and costs of maintaining the listing of the ADSs on the NYSE, the registration of the ADSs with the United States Securities and Exchange Commission (the "SEC") and complying with the periodic reporting and related obligations of the Exchange Act.

  • Update: Semiconductor Manufacturing International (HKG:981) Stock Gained 25% In The Last Five Years
    Simply Wall St.

    Update: Semiconductor Manufacturing International (HKG:981) Stock Gained 25% In The Last Five Years

    Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...

  • Associated Press

    SMIC: 1Q Earnings Snapshot

    The Shanghai-based company said it had net income of 1 cent per share. The chip manufacturing company posted revenue of $668.9 million in the period. SMIC shares have climbed 21% since the beginning of ...

  • PR Newswire

    SMIC Reports 2019 First Quarter Results

    The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). SHANGHAI, May 8, 2019 /PRNewswire/ -- Semiconductor Manufacturing International Corporation (SMI) (SEHK:981) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2019. Gross margin was 18.2% in 1Q19, compared to 17.0% in 4Q18 and 26.5% in 1Q18.