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58485 HS#SMIC RC2509D (R BULL)
RT Nominal up0.120 +0.014 (+13.208%)

11/11/2024 15:37

{I-bank focus}Daiwa raises SMIC (00981) to HKD27

[ET Net News Agency, 11 November 2024] Daiwa raised the target price for SMIC (00981) to
HKD27 from HKD17 and maintained the "hold" rating.
The research house said it maintains "hold" rating despite hike in forecasts and TP,
given concerns about depreciation burden and uncertain geopolitics. (rc)

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