ChinaAMC SSE Science and Technology Innovation Board 50 ETF

Shanghai Electronic Materials International Supply Chain Center Established on May 20, Co-owned by SMIC and Hua Hong Group

Chinese semiconductor stocks rise on reports of potential strike at Samsung Electronics

CICC Begins Market Making Services for SMIC

SMIC discloses two new deployments in the advanced packaging field.

SMIC states that the specialty memory market is facing tight supply, and the company's related production capacity is steadily advancing with its share increasing each quarter.

JPMorgan Chase Increases Stake in Montage Technology by HK$12.02 Million on May 14

SMIC States Significant Production Demand for Phones and PCs Will Return

US-China summit yields no chip deal, China may replace Nvidia with domestic chips

Hygon Information Unveils World's First Post-Quantum Cryptography Smooth Migration Solution

Morgan Stanley raises targets for SMIC and Hua Hong, citing AI-driven mature process shortage

SMIC received 996 million yuan in financing purchases on May 18.

CICC maintains 'Outperform' rating on SMIC, citing benefits from localized production demand

Report: China's chip equipment localization shifts from trials to mass production

Jinhong Gas: Helium products have been stably supplied to clients such as SMIC

HSBC Research Lowers SMIC's Target Price but Maintains 'Buy' Rating

HSBC Research on SMIC: Cuts Target Price to HKD 89, Bullish on 28% Revenue Growth in 2026

SMIC's AI demand surges, with first-quarter revenue of 17.6 billion, more optimistic about full-year operations

JPMorgan raises SMIC rating to "Neutral" and lifts target price to HK$67

BOC International Maintains Buy Rating on SMIC, Raises H-Share Target Price to HKD 98.6

Citi upgrades SMIC to 'Buy' on improved utilization and pricing power

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Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International today and set a price target of HK$85.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Semiconductor Manufacturing International has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.

- Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International, setting a price target of HK$85.00.  
- The company has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.  
- This indicates positive expectations from analysts regarding the company’s stock performance.

Tip Ranks

SMIC

ChinaAMC Guozheng Semiconductor Chip ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Morgan Stanley

SMIC HK SDR 5to1

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Semiconductor Manufacturing International (0981): New Buy Recommendation for This Technology Giant

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Citi upgraded SMIC, China's largest chipmaker, to Buy, citing strong domestic chip localization and rising AI demand. SMIC reported Q1 revenue of $2.5 billion, up 12% year-on-year, with a gross margin of 20.1%. The company expects Q2 revenue growth of 14-16% and improved margins. Despite challenges like a memory supply crunch and geopolitical tensions, SMIC is positioned to benefit from China's push for technological self-sufficiency.

- Citi upgraded SMIC, China's largest semiconductor company, to Buy, citing strong domestic chip localization, rising AI demand, and improving pricing power.  
- The company reported a first-quarter revenue of $2.5 billion, up 12% year-on-year, with an improved gross margin of 20.1%.  
- SMIC's outlook for the second quarter indicates revenue growth of 14–16% sequentially, bolstered by increasing demand for various chip types amid challenges such as geopolitical tensions and a memory supply crunch.

Investing

ICBCCS CNI HK Connect Technology ETF

Hwabao WP CSI HK Connect Information Technology Composite ETF

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Buy this China chip stock, Citi says

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DBS analyst Jim Hin Kwong Au has maintained a Buy rating for Semiconductor Manufacturing International (0981) with a price target of HK$87.40. The analyst, known for a 30.1% average return and 69.23% success rate, is part of a Strong Buy consensus for the stock, which has an average price target of HK$89.65.

- A report from Jim Hin Kwong Au at DBS maintains a Buy rating on Semiconductor Manufacturing International with a price target of HK$87.40.  
- Au is a 5-star analyst with an average return of 30.1% and a 69.23% success rate, focusing on the Technology sector.  
- The general analyst consensus for Semiconductor Manufacturing International indicates a Strong Buy rating with an average price target of HK$89.65.

XI2CSOPHSTECH

Micron Tech

BYD ELECTRONIC

ASMPT

New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant

589190

Hwabao WP SSE STAR Chip ETF (589190) rose 1.5% in the morning session, with the latest price at 1.319 yuan and a turnover rate of 1.55%. SMIC rose over 4%, while stocks like Chipone and Cambricon performed well. The latest scale of the ETF reached 1.346 billion yuan, attracting 26.9095 million yuan in the past week, reflecting the overall performance of the STAR Market chip industry

同壁财经

Hwabao WP SSE STAR Chip ETF

STAR Chip Index

Piotech

Cambricon

VeriSilicon

AMEC

Biwin

Montage Technology

Hygon Information Technology

YUANJIE SEMICONDUCTOR

HWATSING

MONTAGE TECH

Reaching new highs again! Hwabao WP SSE STAR Chip ETF (589190) continued to rise by 1.5% in the morning session, and SMIC rose by over 4%

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BNP Paribas has rated SMICas Outperform, citing strong 1Q results and an optimistic 2Q revenue outlook driven by higher ASP and shipment volumes in consumer and IoT sectors. The report highlights SMIC's unique capability to support Huawei's Ascend 950 PR AI chip, predicting a revenue CAGR of 19% and earnings CAGR of 42% from 2026 to 2028, with a target price of HKD86.

AASTOCKS News

Guotai CES Semiconductor Chip Industry ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

China Southern CSI Semiconductor Industry Custom ETF

BNP Paribas

BNP Paribas Rates SMIC  Outperform; Primary Engine to Power CN AI Ambition

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The China Merchants CSI HK Connect Information Technology Composite ETF (526050) rose 2.02% in the morning session on May 20, with constituent stocks such as GIGADEVICE and SMIC performing outstandingly. Analysis indicates that the global semiconductor market continues to grow, domestic storage leaders are accelerating their IPOs, and the outlook for the hard technology sector is optimistic. This ETF focuses on hard technology fields such as semiconductors and consumer electronics, excluding traditional internet companies, with clear value allocation

- On May 20, the Hong Kong stock market saw a divergence in technology sector performance, with the Hang Seng Technology ETF rising 2.02%.  
- Reports indicate that the semiconductor sector experienced a strong start, with notable gains from companies such as Zhaoyi Innovation and SMIC.  
- The growth in the global semiconductor market is driven by increasing demand for AI-related products, leading to improved device localization and a positive long-term outlook for hard technology sectors.

GIGADEVICE

China Merchants CSI HK Connect Information Technology Composite ETF

MEITUAN

DELTON

Hua Hong

HUA HONG SEMI

LENOVO GROUP

XIAOMI-W

LENOVO GROUP-R

Lenovo Group

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

The "non-internet stocks" Hong Kong Stock Connect Information Technology ETF China Merchants (526050) rose over 2%! GIGADEVICE and Aito led the gains

HSAI

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The HSI fell 142 points to 25,655 at midday, with a turnover of HKD140.719 billion. SMIC and HUA HONG SEMI surged over 8%, while HESAI-W dropped 10% post-results. GIGADEVICE rose 14.29%. Major tech stocks showed mixed performance, with TENCENT and BIDU-SW declining, while JD-SW gained 1.51%. BILIBILI-W fell 4.48% due to slower game revenue recovery, and EVERG SERVICES tumbled 6.25% after failed transaction negotiations.

Hesai

VanEck Semiconductor ETF

Direxion Semicon Bull 3X

iShares Semiconductor ETF

Invesco Semiconductors ETF

Hang Seng Index

HESAI-W

Hang Seng China Enterprises Index

Hang Seng TECH Index

TENCENT

Tencent

BIDU-SW

Baidu

JD-SW

JD.com

BABA-W

Alibaba

BILIBILI-W

Bilibili

EVERG SERVICES

Daiwa Securities Group Inc.

Goldman Sachs

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

BIDU-SWR

JD-SWR

BABA-WR

Alibaba HK SDR 5to1

GS Hldg R

HSI Fades 142 pts at Half-day; SMIC, HUA HONG SEMI Each Up 8%+; HESAI-W Slumps 10% Post-results

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As of May 20, 2026, the Hwabao WP SSE STAR Artificial Intelligence ETF (589520) is flat, with the latest price at 0.768 yuan and a turnover rate of 3.43%. This ETF closely tracks the STAR AI Index, with major components including Cambricon and Montage Technology. Cambricon has risen over 5%, and the overall performance reflects the active state of the artificial intelligence industry in the STAR Market

Hwabao WP SSE STAR Artificial Intelligence ETF

Roborock

Amlogic

Geovis

Kingsoft Office

SSE L&M&S Cap relative growth

FMSH

Intellifusion

Historical high! The Hwabao (589520) SSE STAR Artificial Intelligence ETF with the last digits 520 rose 0.91% against the market trend! Semiconductors surged strongly, with Cambricon leading the rise by over 5%

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Yangtze Memory has initiated its A-share IPO process, positively impacting market sentiment. Chip stocks surged, with SMIC up 8%, HUA HONG SEMI rising 8.4%, and GIGADEVICE jumping 11.9% after CLSA raised its target price. CLSA's report highlights GIGADEVICE's strong growth in niche DRAM and forecasts significant revenue contributions from customized memory products starting in 2026, justifying a premium valuation.

Guotai CSI All Share Integrated Circuit ETF

CITIC Securities Co., Ltd.

CITIC SEC

Yangtze Memory Launches A-Share IPO Process, Boosting Market Sentiment; SMIC , HUA HONG SEMI  Up 8%; GIGADEVICE Jumps 11% as CLSA Raises TP

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The Semiconductor Equipment ETF China Merchants (561980) has risen nearly 60% this year, with the intraday price hitting a new high for the 18th time. Domestic equipment stocks such as AMEC and NAURA have also reached new highs. Yangtze Memory Technologies has completed its IPO guidance filing, and Changxin Technology has updated its prospectus, expecting to be listed in the second half of the year. Fund managers point out that AI-driven capacity expansion and the performance of the technology self-reliance sector are worth paying attention to

NAURA

China Merchants CSI Semiconductor Industry ETF

XDLK

CMSC

The Semiconductor Equipment ETF China Merchants (561980) hits a new high for the 18th time this year! Fund Manager: The pace of dual listing is accelerating, and the overall center of domestic equipment has significantly shifted upward

ChinaAMC SSE Science and Technology Innovation Board 50 ETF(588000.SH)