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Semiconductor Manufacturing International Corp (0981.HK)

0981.HK on Hong Kong Stock

11.28HKD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Semiconductor Manufacturing International Enters Placing Agreement To Place 241.4 Mln Placing Shares
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::ENTERS PLACING AGREEMENT TO PLACE 241.4 MILLION PLACING SHARES AT A PRICE OF HK$10.65 PER PLACING SHARE​.‍GROSS PROCEEDS OF PLACING WILL BE ABOUT HK$2.57 BILLION & NET PROCEEDS OF PLACING WILL BE ABOUT HK$2.55 BILLION​ ‍​.ANNOUNCES ‍PROPOSED ISSUE OF US$65 MILLION PERPETUAL SUBORDINATED CONVERTIBLE SECURITIES​.  Full Article

Semiconductor Manufacturing International Corp says Q3 ‍profit attributable fell 28.6 pct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::‍Q3 revenue $769.7 million, down 0.7 percent YoY.Qtrly ‍profit attributable $25.9 million, down 28.6 pct.Expects Q4 revenue to increase by 1 pct to 3 pct QoQ.‍Expects Q4 gross margin to range from 18 pct to 20 pct.  Full Article

Semiconductor Manufacturing International says ‍Liang Mong Song appointed as co-CEO
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:‍Liang Mong Song appointed as a co-chief executive officer​.‍Zhao Haijun updated to title of co-CEO.  Full Article

Semiconductor Manufacturing International posts net profit of $104.0 mln in Q4
Tuesday, 14 Feb 2017 

Semiconductor Manufacturing International Corp <0981.HK> : Net profit for period attributable to SMIC was $104.0 million in 4Q16, as compared to $113.6 million in 3Q16 . In first quarter revenue expected to decline by 2% to 4% QOQ . Revenue was $814.8 million in 4Q16, an increase of 5.2% QOQ from $774.8 million in 3Q16 . In first quarter co expects gross margin to range from 25% to 28% .Target revenue growth of 20% yoy, gross margin of mid to high-20's% and EBITDA margin of high-30's% for 2017.  Full Article

Semiconductor Manufacturing International proposes share consolidation
Monday, 3 Oct 2016 

Semiconductor Manufacturing International Corp <0981.HK> :Board proposes share consolidation of every ten of us$0.0004 each into one consolidated share of us$0.004 each.  Full Article

Semiconductor Manufacturing International enters into framework agreement with SMNC
Friday, 30 Sep 2016 

Semiconductor Manufacturing International Corp <0981.HK> : Company and Semiconductor Manufacturing North China (Beijing) Corporation (SMNC) entered into framework agreement .Agreement in relation to supply of goods and services, leasing of assets, transfer of equipment.  Full Article

Semiconductor Manufacturing International Corp proposes 10 to 1 share consolidation
Friday, 30 Sep 2016 

Semiconductor Manufacturing International Corp <0981.HK> : Board proposes to put forward a proposal to shareholders to effect share consolidation .Consolidation of every 10 issued, unissued existing shares of us$0.0004 each into 1 consolidated share of us$0.004 each.  Full Article

SMIC says qtrly net profit $97.6 mln<0981.HK>
Wednesday, 10 Aug 2016 

SMIC <0981.HK>: SMIC reports unaudited results for the three months ended June 30, 2016 <0981.HK> . Revenue was a record high of $690.2 million in 2q16, an increase of 8.8% qoq from $634.3 million in 1q16 . Expects Q3 revenue to increase by 8% to 11% quarter over quarter . Net profit for the period attributable to smic was $97.6 million in 2q16, as compared to $61.4 million in 1q16 . Expects Q3 gross margin to range from 28% to 30%. . Planned 2016 capital expenditures for foundry operations are approximately $2.5 billion . Planned 2016 capital expenditures for non-foundry operations are approximately $50 million . Sees Q3 non-GAAP operating expenses excluding items to range from $140 million to $145 million. .  Full Article

SMIC updates on framework agreement with SMNC<0981.HK>
Friday, 15 Jul 2016 

SMIC <0981.HK>: Continuing connected transactions - supply of goods and services, leasing of assets, transfer of equipment and provision of technical authorisation and licensing . Company expects to enter into a framework agreement with SMNC (Semiconductor Manufacturing North China (Beijing)) in relation to the continuing connected transactions within the next few months .Company and SMNC will continue to engage with one another in relation to the supply of goods and services, leasing of assets.  Full Article

SMIC says SMIC Beijing and SMNC entered into a fund management agreement<0981.HK>
Friday, 8 Jul 2016 

SMIC <0981.HK>: Centralised fund management agreement with Semiconductor Manufacturing north China (Beijing) Corporation <0981.HK> . SMIC Beijing and SMNC entered into the centralised fund management agreement .  Full Article

BRIEF-Gigadevice Semiconductor bought HK$532.5 mln worth of shares placed by SMIC

* SAYS IT HAS BOUGHT HK$532.5 MILLION ($68.22 million) WORTH OF SHARES PLACED BY SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP Source text in Chinese: http://bit.ly/2jvVngL Further company coverage: ($1 = 7.8053 Hong Kong dollars) (Reporting by Hong Kong newsroom)