SMIC is trading at HK$47.26, up 4.23%, alongside a rise in Hong Kong chip stocks.
- On October 28, AI optimism and a strong overnight semiconductor session lifted the sector.
- A market report said SMIC and Hua Hong were both higher at the open.
- Available reports point to sector momentum, not a distinct SMIC announcement, as the immediate catalyst. No trading-volume figure was available in the sources reviewed.