- SMIC filed a next-day disclosure return with the Hong Kong Stock Exchange on Sept. 7, 2026, detailing the issuance of 1,032,360 new shares on Sept. 4.
- The issuance comprised 1,000 Hong Kong-listed shares at HKD 22.41 and 1,031,360 Shanghai STAR Market RMB ordinary shares at RMB 20 under an equity incentive plan.
- Following these issuances, SMIC's Hong Kong-listed issued share count increased to 6,014,408,231 and its STAR Market RMB ordinary shares rose to 2,547,775,982.
- China's Ministry of Finance will issue RMB 300 billion of special treasury bonds to inject capital into 8 central financial enterprises.
- The RMB central parity against the USD was set at 6.7795, dropping 8 bps QoQ.
- The three major A-share indices opened 0.3% to 1.2% higher, with the Shanghai Composite Index opening up 0.32% at 3,942.
- The Hang Seng Index rose 437 pts to close at 25,650, while the Hang Seng Tech Index increased 101 pts to 4,569 and market turnover reached $276.86 billion.
- Active heavyweights and major constituents recorded overall gains, led by significant increases in companies such as MEITUAN, XIAOMI, AKESO, and LENOVO GROUP.
- Specific stocks including CITIC, MARKETINGFORCE, and H&H INTL HLDG hit new highs during the trading session.