--- title: "SMIC declines 3% in Hong Kong as semiconductor sector weakens" type: "News" locale: "en" url: "https://longbridge.com/en/news/295040258.md" description: "SMIC fell 3% in Hong Kong trading as the Hang Seng Index opened lower and semiconductor stocks broadly declined." datetime: "2026-08-06T01:45:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295040258.md) - [en](https://longbridge.com/en/news/295040258.md) - [zh-HK](https://longbridge.com/zh-HK/news/295040258.md) generator: "portal-rs" --- # SMIC declines 3% in Hong Kong as semiconductor sector weakens Semiconductor Manufacturing International (981.HK) declined nearly **3%** in Hong Kong trading to **HK$66.00**, as the Hang Seng Index opened 248 points lower and technology stocks broadly softened. The broader semiconductor sector came under pressure, with GIGADEVICE tumbling more than 5% and Hua Hong Semiconductor falling more than 3%. Despite the decline, southbound capital flows via Stock Connect showed strong buying interest in SMIC on the prior trading day, with net purchases reaching approximately **HK$1.152 billion**, making it one of the most bought names that day. ### Related Stocks - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) ## Related News & Research - [New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant](https://longbridge.com/en/news/296193427.md) - [SMIC Zhao Haijun: Supply Chain Cost Pressure Passes to Mfg Segment](https://longbridge.com/en/news/295872477.md) - [Dividend 15 Split Corp. PFD SHARES declares CAD 0.0583 dividend](https://longbridge.com/en/news/296375789.md) - [Alibaba announces pricing of HK$80B placing of new shares in Hong Kong](https://longbridge.com/en/news/296732371.md) - [Money Managers Turn Bullish On China Despite Mounting Economic Woes](https://longbridge.com/en/news/296554795.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**