SMIC Updates Audit Committee Charter to Strengthen Financial Oversight
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Semiconductor Manufacturing International Corporation (HK:0981) has updated its Audit Committee Charter to enhance financial oversight. The revised charter emphasizes the committee's role in financial reporting, internal audits, and risk management, requiring independent non-executive directors with financial expertise. The latest analyst rating for HK:0981 is a Hold with a price target of HK$75.00. SMIC is a leading semiconductor manufacturer listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, with a market cap of HK$700.7B.
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