On September 16, SMIC rose 3.87% in regular trading, trading at 63.3 HKD/share, with turnover of 11.81 billion HKD.

On the policy front, the Electronic Information Industry 15th Five-Year Plan has officially been released. Against the backdrop of escalating US-China tech rivalry, the domestic substitution thesis has strengthened significantly, lifting the semiconductor sector broadly. Within the sector, BIREN TECH rose 5.86%, HUA HONG GRACE rose 4.83%, ILUVATAR COREX gained 3.97%, and MONTAGE TECH added 2.42%, reflecting notable sector-wide resonance.

On fundamentals, SMIC reported strong first-half results with revenue of 38.635 billion yuan, up 19.4% year-over-year, and net profit attributable to shareholders of 4.467 billion yuan, surging 94.2% year-over-year. Gross margin reached 23.2%, an improvement of 1.3 percentage points. Operating cash flow rose 252.0% to 20.76 billion yuan. It is worth noting that southbound funds had been net sellers of SMIC for multiple consecutive sessions prior to today, suggesting the policy catalyst helped reverse recent selling pressure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)