UB#SMIC RC2608K

SUPERLAND GROUP

OCT (ASIA)

GREAT WORLD

JIAODA WITHUB

CREATIVE CHINA

SMART CITY DEV

DAISHOMICROLINE

RIMBACO

SHENYANG PUBLIC

XUNCE

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China's largest chipmaker, SMIC, reportedly supplied chipmaking tools to Iran's military, raising concerns about U.S.-China relations amid the ongoing U.S.-Iran conflict. The tools may violate U.S. sanctions if of American origin, and cooperation likely included technical training. SMIC, which has faced U.S. trade restrictions since 2020, has denied military ties. This development comes as President Trump prepares to meet with President Xi Jinping, potentially escalating tensions as the U.S. seeks to limit China's chip industry while Iran pursues military deals with China.

- China's largest chipmaker, SMIC, allegedly supplied chipmaking tools to Iran's military, potentially escalating tensions between Washington and Beijing amid the U.S.-Iran war.  
- Officials from the Trump administration indicated that these tools may violate U.S. sanctions if they are of American origin, and that they likely included technical training on semiconductor technology.  
- The allegations coincide with strained relations, as the Biden administration has tightened restrictions on SMIC and as President Trump prepares for a meeting with President Xi Jinping in May.

benzinga_article

SMIC

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Hwabao WP CSI HK Connect Information Technology Composite ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

China's SMIC Reportedly Supplied Chipmaking Tools To Iran's Military— A Stance In The War?

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Chinese computer scientists are urged to boycott the NeurIPS AI conference after it barred submissions from US-sanctioned institutions, including Huawei. The China Computer Federation (CCF) criticized this decision, claiming it undermines core academic values. NeurIPS, a leading AI conference, has become a focal point in US-China tensions over AI. The CCF warned it would remove NeurIPS from its directory of recommended conferences if the policy isn't reversed. Some Chinese researchers have already indicated a boycott, raising concerns about the implications for academic collaboration in the field.

SCMP

SPDR S&P Semicon

Tianhong CSI Computer Theme ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Direxion Semicon Bull 3X

GTJA Allianz SSE STAR Chip Design Thematic ETF

Invesco Semiconductors ETF

China Southern CSI Semiconductor Industry Custom ETF

Huawei

VanEck Semiconductor ETF

Guotai CES Semiconductor Chip Industry ETF

ISHRS S&P Glb It

Guotai CSI Computer Theme ETF

iShares Semiconductor ETF

AI rift widens as China urges boycott of top US conference over sanctions ban

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The three major A-share indices opened lower by 1% to 1.3%, with the Shanghai Composite Index at 3,852 points, the Shenzhen Component Index at 13,423 points, and the ChiNext Index at 3,236 points. Domestic bank stocks generally opened lower, with China Life down 1.1%. Chip stocks performed weakly, with SMIC opening down 0.9% and Hua Hong down 2.3%. Domestic GPU stocks also opened lower, with MetaX down 2.1%. Meanwhile, the central parity rate of the RMB against the USD was reported at 6.89141, and the People's Bank of China conducted reverse repurchase operations, with a net injection of 125.7 billion yuan

AASTOCKS

China Life

Hua Hong

CHINA LIFE

MetaX

The three major A-share indices of Shanghai and Shenzhen opened lower by 1% to 1.3%, with chip and domestic GPU stocks showing weakness, and China Life continuing to decline

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The Hang Seng Index opened down 87 points, reporting at 24,768 points. U.S. stocks collectively fell, with the Dow Jones down 470.12 points, the Nasdaq down 521.74 points, and the S&P 500 down 114.78 points. Major tech stocks generally declined, with NVIDIA down 4.16% and Google-A down 3.44%. In the Hong Kong stock market, Kuaishou fell 1.32%, Meituan fell 0.63%, Tencent fell 0.89%, and Xiaomi fell 0.43%. BYD opened up 4.97% before earnings, and CATL rose 4.06%. SMIC fell 1.98% after earnings

- U.S. stock markets declined sharply, with the Dow falling 470.12 points to 45,959.37, the Nasdaq down 521.74 points to 21,408.08, and the S&P 500 dropping 114.78 points to 6,477.12.  
- President Trump extended the deadline for negotiations regarding the Strait of Hormuz until April 6, while the Pentagon is developing plans for a "decisive strike" against Iran.  
- Major tech stocks fell significantly, with Nvidia decreasing by 4.16% and Tesla by 3.59%, although Apple slightly rose by 0.11%.

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BYD Company

BYD COMPANY

BYD Company Limited

The Hang Seng Index opened down 87 points, SMIC fell 2% after earnings, and BYD rose by 5% | Hong Kong stock market opens

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- SMIC, China's largest chipmaker, has reportedly sent chipmaking tools to Iran’s military, raising concerns about Beijing's involvement in the U.S.-Israeli conflict with Iran.  
- The U.S. has imposed heavy sanctions on SMIC, accusing it of military ties and restricting its access to advanced semiconductor technology, while the Chinese government claims it conducts normal trade with Iran.  
- This situation may escalate tensions between Washington and Beijing amidst ongoing military actions, with potential implications for global financial markets and inflation.

Reuters

China Merchants CSI Semiconductor Industry ETF

Harvest CSI All Share Integrated Circuit ETF

GX CN SEMICON

Harvest SSE STAR Chip ETF

Guotai CSI All Share Integrated Circuit ETF

EXCLUSIVE-China's top chipmaker has supplied chipmaking tech to Iran military, US officials say

SMIC FY Net Income Attributable USD685.1 Million

SMIC reported 2025 revenue of $9.327 billion and profit of $685 million, both reaching an ATH (All-Time High). Monthly capacity exceeded one million wafers, and the Capacity Utilization Rate rose to 93.5%, driving a recovery in gross margin. The company remains the world's second-largest foundry and is advancing the integration and capital increase of SMIC Northern and SMIC Southern. Guidance for 2026 indicates that sales revenue growth will exceed the average of comparable peers, with capital expenditure remaining roughly flat compared to 2025

- In 2025, SMIC achieved record revenue of $9.327 billion, a 16.2% increase, alongside a net profit of $685 million, up 39.0%.  
- The company maintained a strong capacity utilization rate of 93.5% and increased production output, while enhancing its market position through significant R&D investments and major acquisitions.  
- For 2026, SMIC anticipates revenue growth surpassing industry averages, despite ongoing external risks, and plans to maintain capital expenditures similar to 2025 levels.

Wallstreetcn

SMIC’s 2025 Revenue Grew 16% YoY to an ATH (All-Time High), Net Profit Surged 39%, Monthly Capacity Exceeds One Million Wafers | Earnings Insight

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On March 26, the three major Hong Kong stock indices collectively retreated, with the HSI closing down 1.89% and the Hang Seng Tech Index falling 3.28%. Market sentiment for taking profits at high levels was strong, with Kuaishou plunging over 14% and Pop Mart dropping more than 10%. The overall market trended toward caution amid macroeconomic external demand pressure and insufficient consumption momentum, with capital concentrating in energy leaders and certain stocks with unusual performance results

- On March 26, Hong Kong's major indices declined, with the Hang Seng Index closing at 24,856.43, down 1.89%.  
- Retail sectors like jewelry and toys struggled due to weak consumer demand, while tech stocks fell significantly, especially Kuaishou, which dropped 14.04%.  
- Investors are focused on economic data related to trade and monitoring the uncertain external environment and its impact on local consumption and risk appetite.

Market Heartbeat

CHOW TAI FOOK

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POP MART

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BABA-W

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KINGSOFT

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LENOVO GROUP

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Hong Kong Stocks Close | HSI Falls 1.89% as Kuaishou and Pop Mart Plunge

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Hong Kong stocks were under pressure during intraday trading on March 26, with the three major indices collectively retreating, led by the Hang Seng TECH Index. The jewelry retail, catering, and internet content sectors saw the largest declines, while POP MART and Kuaishou were actively traded but experienced sharp price drops. Overall market sentiment remains cautious as investors closely monitor Federal Reserve policy directions and economic trends in mainland China

- As of March 26, Hong Kong stocks are experiencing pressure, with major indices retreating after yesterday's highs, reflecting cautious sentiment.  
- The Hang Seng Index reported a drop of 1.86%, while the Hang Seng Technology Index fell by 3.06%, indicating widespread declines in retail and internet sectors due to weakened consumer confidence.  
- Investors are closely monitoring U.S. Federal Reserve policies and domestic economic growth, influencing market dynamics and liquidity concerns moving forward.

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Hong Kong Stocks Intraday | Hang Seng Index Down 1.86%, POP MART Drops Over 11%

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Hong Kong stocks rose moderately during intraday trading, with the three major indices collectively in the green, and the Hang Seng TECH Index rising 0.67%. In terms of sectors, consumer retail performance diverged, with SUNART RETAIL up 3.18%. Meituan's 9.87% gain boosted market sentiment, while POP MART slumped over 20%. The market is focusing on the Federal Reserve's moves and economic data such as the Manufacturing PMI, maintaining an overall pattern of volatile consolidation

- As of March 25, Hong Kong stocks are moderately rising, with major indices showing gains; the Hang Seng Index is up 0.35% to 25,151.91, yet has not surpassed the March 20 peak.  
- Market sentiment remains cautious due to fluctuating local consumption and employment indicators, with investors monitoring key economic metrics and uncertainties from the Federal Reserve's policy direction.  
- Notable stocks include CSPC Pharmaceutical, rising 3.36% with a transaction volume of HKD 663 million, and Jiangxi Copper, increasing 4.35% with a volume of HKD 589 million.

SUNART RETAIL

ZIJIN MINING

CSPC PHARMA

JIANGXI COPPER

DONGFANG ELEC

GIGADEVICE

WANGUO GOLD GP

Meituan

HSTECH ETF

Hong Kong Stocks Intraday | Hang Seng Index Rises 0.35%, Retail Diverges, Meituan Rises 9.87%

The boat for long term investing of S-REITs have came back to port again. Buying at this level has little downside and would offer a larger margin of safety when mean reversion occurs.

LazyCat

Dividend Collector

Current rate of return reached top 50% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

Meta has increased its investment in Texas data centers to $10 billion (a 6x increase) — making a big bet on AI infrastructure, which is an important reason for the decline in Meta's stock. Subsequent attention should be paid to changes in AI spending by tech stocks for effective investment risk assessment.

Apple

Tiffany lover

OCBC Bank

Total asset size ranks among the top 2% of account holders
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Total Assets

S-Reit can drop further if the Iran war does not settle. Long War, higher oil prices, higher inflation, RATE HIKE!!! Real Estate will suffer!

JoanneChe

Current rate of return reached top 90% of users
Calculated based on  your Longbridge (Singapore) A/C

Total asset size ranks among the top 5% of account holders
Calculated based on  your Longbridge (Singapore) A/C

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

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Meituan HK SDR 5to1

☕️ Daily Market Talk | Mar 27, 2026

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DBS Group

S reits are being punished for nothing. It is face equity like volatility and drawdown even though real estate is stable. Interest rate did not even move. I would say buy the dip!

The longer Trump or Iran delays any resolution, the longer the impact of the war will creep through the economy. Even with a ceasefire, it may be too late. 10 days is too long...

Another delay tactic or real peace talks? I believe the key is with the bond market. A big chunk of US debt is due this year and that needs to be refinanced. And that debt which was attained at record low rates will have to be priced at current rates. And those rates are going up and forcing the president’s hands. Similar to how he had to TACO last year April for similar reasons (obviously not stated on mainstream media), seems like the same this time. A middle ground needs to be reached ASAP and that is being reflected in the decisions made. If a peace accord is agreed, that will be the narrative the media will say lead to a market rally. However, when you look at technicals, there are complete 5 waves patterns all round and a bounce is already imminent! Stay safe!

dip or falling knife? hope taco more so market uturn back to green soon

Bond yields have increased due to rising inflation expectations, among other factors. Oil prices may remain elevated. Interest rates may stay higher for longer with fewer rate cuts. IMO can wait a while before buying S-REITs .

Energy, especially oil and gas, is still the strongest sector for the moment as long as the Iran war isn’t resolved.

The US has proposed a rule to restrict government agencies from buying products and services that use semiconductors from China foundry SMIC or China memory chip makers ChangXin Memory (CXMT) or Yangtze Memory (YMTC), media report, noting the proposed rule is open for public comment until April 20, 2026. $SMICY #CXMT #YMTC $Micron Tech(MU.US) #SKhynix #Samsung #semiconductorsSource: Dan Nystedt

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UB#SMIC RC2608K Stock Performance Chart

China's SMIC Reportedly Supplied Chipmaking Tools To Iran's Military— A Stance In The War?

AI rift widens as China urges boycott of top US conference over sanctions ban

The three major A-share indices of Shanghai and Shenzhen opened lower by 1% to 1.3%, with chip and domestic GPU stocks showing weakness, and China Life continuing to decline

The Hang Seng Index opened down 87 points, SMIC fell 2% after earnings, and BYD rose by 5% | Hong Kong stock market opens

EXCLUSIVE-China's top chipmaker has supplied chipmaking tech to Iran military, US officials say