[ET Net News Agency, 14 February 2022] HSBC Global Research lowered its target price
for SMIC (00981) to HK$21 from HK$25 and maintained its "hold" rating.
The research house said it raises FY22e/FY2e EPS by 44%/55% to USD0.22/USD0.22 to
reflect stronger 1Q22e guidance and capacity growth. (RC)