- SMIC filed a next-day disclosure return on August 31, 2026, detailing equity incentive-related share issuances.
- The company issued 92,340 new Hong Kong-listed ordinary shares in August from RSUs and employee stock option exercises.
- Hong Kong-listed shares outstanding increased to 6,014,407,231 shares, while Shanghai STAR Market-listed shares remained unchanged at 2,546,744,622 shares.
- The HSI opened down 155 points at 25,410 points, while major US stock indices closed higher, driven by a surge in NVIDIA Corporation following strong earnings results.
- Hong Kong tech and banking stocks generally declined at the opening, whereas individual companies experienced notable stock movements following their corporate earnings reports and financial disclosures.
- Shimao Group opened 10.45% lower after facing another winding-up petition, while companies like Tianqi Lithium surged following a significant jump in interim profit.
- SMIC announced its interim financial results for the six months ended June 2026.
- The company recorded a revenue increase of 23.7% year-on-year to USD 5.511 billion.
- Net profit leaped 111% year-on-year to USD 677 million, with earnings per share at US 8 cents.
- SMIC reported a 23.7% year-over-year increase in revenue to USD 5.51 billion and a profit attributable to owners of USD 676.65 million for the first half of FY 26.
- The financial growth was driven by higher wafer shipments, improved average selling prices, and product mix changes, with operating cash flow surging 252.7% to USD 3.21 billion.
- Management maintained an optimistic outlook for the second half of the year, supported by AI-driven demand.
- China's three major A-share indices rose 0.6% to 1.5% at midday, supported by advances in gold and chip stocks.
- Chip stocks surged significantly, driven by strong interim financial results including HUA HONG GRACE's 409% net profit rise.
- The PBOC conducted RMB 103 billion in 7-day reverse repos and RMB 503.5 billion in overnight reverse repos.
- The PBOC conducted RMB 239.5 billion of seven-day reverse repos with a single-day net injection of RMB 239.5 billion.
- The three major A-share indices rose 0.5% to 0.7% for the full day, driven by advancing brokerages and chip stocks.
- The Shanghai Composite Index closed up 0.59% at 3,912, while HUA HONG GRACE surged over 7%.