--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/28394988.md" description: "$SMIC(00981.HK) The trading volume of SMIC in Hong Kong stocks is twice that of SMIC in A-shares, and the valuation is 50% of that of A-shares. It can no longer be explained by liquidity discounts/premiums. It's simply a supply and demand issue—there's a shortage of high-quality stocks in A-shares and high demand for capital." datetime: "2025-03-27T01:40:17.000Z" locales: - [en](https://longbridge.com/en/topics/28394988.md) - [zh-CN](https://longbridge.com/zh-CN/topics/28394988.md) - [zh-HK](https://longbridge.com/zh-HK/topics/28394988.md) author: "[码农资本](https://longbridge.com/en/profiles/3721657.md)" --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/28394988.md) | [繁體中文](https://longbridge.com/zh-HK/topics/28394988.md) # $SMIC(00981.HK) The trading volume of SMIC in Hong… ### Related Stocks - [SMIC (688981.CN)](https://longbridge.com/en/quote/688981.CN.md) - [SMIC (00981.HK)](https://longbridge.com/en/quote/00981.HK.md) ## Comments (2) - **伽利略 · 2025-03-27T03:09:59.000Z**: Can the Hong Kong Stock Connect not alleviate this issue? - **徒手做高频 · 2025-03-27T01:55:50.000Z**: You're absolutely right!