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54325 CT#HSI RP2803B (R BEAR)
RT Nominal unchange 0.000 (0.000%)

14/05/2025 14:31

{I-bank focus}UBS raises SMIC (00981) to HKD43

[ET Net News Agency, 14 May 2025] UBS raised the target price for SMIC (00981) to HKD43
from HKD14 and upgraded the rating to "neutral" from "sell".
The research house said it lowers 2025E earnings to factor in the negative impact from
production issues, but raises 2026E earnings from USD999m to USD1,419m to factor in higher
GM estimate. (rc)

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