Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Semiconductor Manufacturing International Corporation    981   KYG8020E1199

SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION

(981)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

China stocks fall but gain 5% in November as recovery picks up steam

11/30/2020 | 02:48am EST

SHANGHAI, Nov 30 (Reuters) - China stocks ended lower on Monday, but posted gains in November, underpinned by stocks in traditional industries, as more data pointed to a continued recovery in the world's second-largest economy against the backdrop of the COVID-19 pandemic.

** The blue-chip CSI300 index fell 0.4%, to 4,960.25, while the Shanghai Composite index slipped 0.5% to 3,391.76, reversing earlier gains as investors booked profits.

** Sentiment was hit by concerns over Sino-U.S. tensions.

** The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources.

** Though for the month CSI300 gained 5.6%, while SSEC added 5.2%, both posted their biggest monthly advance since July.

** Leading the gains for the month, the Shanghai SE50 index , which tracks the 50 most representative traditional stocks on the Shanghai Stock Exchange, rallied 5.8%.

** China's factory activity expanded at the fastest pace in more than three years in November, while growth in the services sector also hit a multi-year high, as the country's economic recovery from the virus outbreak stepped up.

** Upbeat data released on Monday suggested the world's second-largest economy was on track to become the first to completely shake off the drag from widespread industry shutdowns, with recent production data showing manufacturing now at pre-pandemic levels.

** The main reason for the strong rally was China's continued recovery, said Zhang Gang, an analyst with China Central Securities.

** The cyclicals rally would also continue for a while as their valuations remain low, at least before China's Lunar New Year holiday if investors do not find good opportunities in growth players, Zhang added. (Reporting by Shanghai Newsroom; Editing by Shounak Dasgupta)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CNOOC LIMITED 1.98% 8.25 End-of-day quote.14.90%
LONDON BRENT OIL 1.00% 55.35 Delayed Quote.6.15%
S&P/CITIC 300 INDEX -0.51% 4791.09 Delayed Quote.5.98%
S&P/CITIC 50 INDEX -1.14% 4816 Delayed Quote.4.45%
SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION 5.79% 29.25 End-of-day quote.32.35%
SHANGHAI STOCK EXCHANGE B SHARES INDEX -0.29% 250.0512 Real-time Quote.3.00%
WTI 0.26% 52.495 Delayed Quote.8.19%
All news about SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION
05:32aSEMICONDUCTOR MANUFACTURING INTERNAT : Sino ICT Raises $7.3 Million from Sale of..
MT
01/15Trump's China tech war backfires on automakers as chips run short
RE
01/15Chinese Shares End Mixed; SMIC Falls 4% on Looming Semiconductor Shortage
MT
01/14MARKET CHATTER : Chip Supply Crunch to Continue Weighing on Chinese Auto Product..
MT
01/14US Adds Xiaomi, CNOOC, COMAC to Investment Blacklist
MT
01/14Chinese Investors Pour Billions Into Stocks on U.S. Blacklist
DJ
01/14ANALYSIS : Sanctions-hit Chinese firms surge as global buyers swoop in
RE
01/13Trump Amends US Investment Ban on Chinese Companies with Alleged Military Tie..
MT
01/13PC Giant Lenovo Plans China Listing, Sending Stock Soaring
DJ
01/12ANALYSIS : The trillion dollar weapon in the U.S.-China tech stock war
RE
More news
Financials (USD)
Sales 2020 3 872 M - -
Net income 2020 523 M - -
Net cash 2020 3 146 M - -
P/E ratio 2020 50,9x
Yield 2020 -
Capitalization 29 784 M 29 784 M -
EV / Sales 2020 6,88x
EV / Sales 2021 6,71x
Nbr of Employees 15 904
Free-Float 83,0%
Chart SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION
Duration : Period :
Semiconductor Manufacturing International Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 2,63 $
Last Close Price 3,77 $
Spread / Highest target 12,8%
Spread / Average Target -30,4%
Spread / Lowest Target -53,5%
EPS Revisions
Managers and Directors
NameTitle
Hai Jun Zhao Co-Chief Executive Officer & Executive Director
Meng Song Liang Co-Chief Executive Officer & Executive Director
Zi Xue Zhou Chairman
Xin Zhang Senior Vice President-Operations & Engineering
Yong Gang Gao CFO, Executive Director & Executive Vic President
Sector and Competitors