On September 10, SMIC fell 3.08% in regular trading, trading at HKD 63.0 per share, with turnover of approximately HKD 2.564 billion.

On the news front, 1,031,360 restricted shares under the company's Sci-Tech Innovation Board restricted stock incentive plan completed their fourth vesting period and became available for trading on September 10, increasing market float and exerting short-term supply pressure. Additionally, southbound capital has been net selling SMIC for seven consecutive trading days, amplifying bearish sentiment.

The overhang from the company's recently announced plan to issue A-shares to acquire a 49% stake in SMIC North continues to weigh on investor confidence, with the market concerned about potential equity dilution and integration uncertainties. The broader semiconductor sector remained weak, with peers such as BIREN TECH down 3.24% and ILUVATAR COREX down 4.21%. Fundamentally, SMIC reported strong first-half results with revenue of USD 5.511 billion, up 23.7% year-over-year, and net profit attributable to shareholders of USD 677 million, up 111.1%, though the positive earnings backdrop has been overshadowed by technical selling pressures.

(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.)