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SMIC's Hong Kong-Listed Shares Soar Over 5%, Notching Largest Intraday Gain in Nearly Three Weeks
2025-10-21 /
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Author：小编
SMIC's shares, traded on the Hong Kong Stock Exchange, experienced a remarkable surge, at one point climbing more than 5% and achieving the largest intraday gain in close to three weeks. This upward movement followed Morgan Stanley's decision to upgrade its rating of SMIC to "overweight," a move that was accompanied by a substantial increase in the target price, which was raised from HK$40 to HK$80.
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