SMIC Hong Kong shares are set to open at HK$17.60 ($2.27) each. The benchmark Hang Seng is set to open up 2.5% on Monday.

SMIC is conducting assessments on the impact of export restrictions on its production and operation activities, and it may have "potential material adverse effects" on the company's future production and operations, it said in a filing on Sunday.

(Reporting by Donny Kwok; Editing by Christian Schmollinger)