[ET Net News Agency, 17 November 2025] BOCI raised the target price for SMIC (00981) to
HKD83.6 from HKD56.7 and maintained the "buy" rating.
The research house said it expects market dynamic is still moving in favour of SMIC,
supported by the ongoing trade/tariff war and domestic GPU development which drives
increased demand for 7nm/5nm advanced node. (rc)