---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/28394988.md"
description: "$SMIC(00981.HK) The trading volume of SMIC in Hong Kong stocks is twice that of SMIC in A-shares, and the valuation is 50% of that of A-shares. It can no longer be explained by liquidity discounts/premiums. It's simply a supply and demand issue—there's a shortage of high-quality stocks in A-shares and high demand for capital."
datetime: "2025-03-27T01:40:17.000Z"
locales:
  - [en](https://longbridge.com/en/topics/28394988.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/28394988.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/28394988.md)
author: "[码农资本](https://longbridge.com/en/profiles/3721657.md)"
---

# $SMIC(00981.HK) The trading volume of SMIC in Hong…


### Related Stocks

- [688981.CN](https://longbridge.com/en/quote/688981.CN.md)
- [00981.HK](https://longbridge.com/en/quote/00981.HK.md)

## Comments (2)

- **伽利略 · 2025-03-27T03:09:59.000Z**: Can the Hong Kong Stock Connect not alleviate this issue?
- **徒手做高频 · 2025-03-27T01:55:50.000Z**: You're absolutely right!