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25716 DS-SMIC@EC2412A (CALL)
RT Nominal down0.470 -0.240 (-33.803%)

12/08/2024 15:38

{I-bank focus}Daiwa raises SMIC (00981) to HKD17

[ET Net News Agency, 12 August 2024] Daiwa raised the target price for SMIC (00981) to
HKD17 from HKD16 and maintained the "hold" rating.
The research house said it lifts 2024-25E EPS by 39-434%, partially off a low base as
SMIC hovered around breakeven in 1Q24. (rc)

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