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SMIC is expected to raise prices for some production capacity by about 10% soon. The reasons for the price increase include the growth in demand for mobile applications and AI, as well as rising raw material costs. In addition, TSMC's consolidation of 8-inch capacity and plans to shut down some production lines by the end of 2027 have also triggered price increase expectations. SMIC and Hua Hong's capacity utilization rates are close to full load
CITIC Securities purchased 1,200 shares of ENN Natural Gas for $25,968 as part of a privatization move. The transaction was conducted through index-tracking ETFs for the company's own account. This news was generated by Public Technologies using AI and is based on information published by ENN Energy Holdings via the Hong Kong Stock Exchange.
