---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41254853.md"
description: "$SMIC(00981.HK) Once the Stock Connect (for Hong Kong) was suspended, it immediately went down the drain. Even the national fund reduced its holdings, but retail investors are still holding on too stubbornly."
datetime: "2026-05-29T07:34:58.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41254853.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41254853.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41254853.md)
author: "[Ulysses Zheng](https://longbridge.com/en/profiles/15415518.md)"
---

# $SMIC(00981.HK) Once the Stock Connect (for Hong K…


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