---
title: "SMIC Updates Audit Committee Charter to Strengthen Financial Oversight"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265689275.md"
description: "Semiconductor Manufacturing International Corporation (HK:0981) has updated its Audit Committee Charter to enhance financial oversight. The revised charter emphasizes the committee's role in financial reporting, internal audits, and risk management, requiring independent non-executive directors with financial expertise. The latest analyst rating for HK:0981 is a Hold with a price target of HK$75.00. SMIC is a leading semiconductor manufacturer listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, with a market cap of HK$700.7B."
datetime: "2025-11-13T10:09:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265689275.md)
  - [en](https://longbridge.com/en/news/265689275.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265689275.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265689275.md) | [繁體中文](https://longbridge.com/zh-HK/news/265689275.md)


# SMIC Updates Audit Committee Charter to Strengthen Financial Oversight

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The latest announcement is out from Semiconductor Manufacturing International ( (HK:0981) ).

Semiconductor Manufacturing International Corporation has updated its Audit Committee Charter, emphasizing the committee’s role in supervising the company’s financial reporting, internal audit, and risk management systems. The revised charter outlines the composition and responsibilities of the committee, including the requirement for independent non-executive directors with financial expertise, and highlights the importance of maintaining auditor independence and effective audit processes.

The most recent analyst rating on (HK:0981) stock is a Hold with a HK$75.00 price target. To see the full list of analyst forecasts on Semiconductor Manufacturing International stock, see the HK:0981 Stock Forecast page.

**More about Semiconductor Manufacturing International**

Semiconductor Manufacturing International Corporation is a leading company in the semiconductor industry, focusing on the manufacturing of integrated circuits and related services. The company is listed on the Stock Exchange of Hong Kong and the Science and Technology Innovation Board of the Shanghai Stock Exchange.

**Average Trading Volume:** 129,990,416

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$700.7B

For an in-depth examination of 0981 stock, go to TipRanks’ Overview page.

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