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68976 BP#HSI RC2901C (R BULL)
RT Nominal up0.139 +0.057 (+69.512%)

12/05/2025 16:03

{I-bank focus}Nomura raises SMIC (00981) to HKD42.5

[ET Net News Agency, 12 May 2025] Nomura raised the target price for SMIC (00981) to
HKD42.5 from HKD18.4 and maintained the "neutral" rating.
The research house said it raises 2025-26F net profit by 15%/9% primarily due to higher
fab utilization rates and more favourable pricing conditions to steer fixed cost
absorption. (rc)

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