SMIC (00981.HK) rose over 3% in early trading as four major associations in the mainland urge domestic companies to exercise caution when purchasing usa chips.

AASTOCKS · Dec 4 09:34

Chip stocks are being sought after today (4th), earlier the China Internet Association, China Automobile Industry Association, China Semiconductor Industry Association, and China Communications Enterprise Association issued statements stating that American chips are unreliable, urging domestic companies to be cautious in purchasing. Semiconductor Manufacturing International Corporation (00981.HK) reached a high of 27.1 yuan today. Currently trading at 26.95 yuan, up 3.65%, with a trading volume of 14.6602 million shares, involving 0.395 billion yuan.

Hua Hong Semi (01347.HK) is currently trading at 21.1 yuan, up 3.43%, with a trading volume of 5.576 million shares, involving 0.117 billion yuan. Shanghai Fudan (01385.HK) is currently trading at 15.82 yuan, up 5.75%, with a trading volume of 1.309 million shares, involving 20.6314 million yuan.

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中芯(00981.HK)初段升逾3% 內地四大協會呼籲國內企業謹慎採購美國晶片

SMIC (00981.HK) rose over 3% in early trading as four major associations in the mainland urge domestic companies to exercise caution when purchasing usa chips.

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