---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39241292.md"
description: "$SMIC(00981.HK)Against the backdrop of high oil prices, tech stocks will be hit hard. Don't average down; the adjustment is far from over yet. The next step could be hovering around the 50s."
datetime: "2026-03-13T06:19:28.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39241292.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39241292.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39241292.md)
author: "[WarrenB](https://longbridge.com/en/profiles/12218391.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39241292.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39241292.md)


# $SMIC(00981.HK)Against the backdrop of high oil pr…


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