Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00981 SMIC
RTNominal up11.140 +0.320 (+2.957%)
Others

18/11/2019 17:40

{I-bank focus}UBS lifts SMIC (00981) to HK$10.5; "neutral

[ET Net News Agency, 18 November 2019] UBS Global Research lifted its target price for
SMIC (00981) to HK$10.5 from HK$8 and maintained its "neutral" rating.
The research house said SMIC's management believes the company has expanded its product
base and improved its technological capabilities after two years of transition.
Looking ahead, the company is seeing better demand for both mature and advanced
technology in 2020. UBS forecast SMIC's revenue to grow 13% in 2020 as inventory
destocking ends and new applications like 5G and IoT ramp. (KL)

Remark: Real time quote last updated: 10/12/2019 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2019 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.