SMIC (00981.HK) has risen for three consecutive trading days. It opened 2.68% higher today (20th) and reached a peak of $28.95, busting above the 50-day MA. It last printed at $28.85, up 10.33%, on a volume of 185 million shares, involving $5.137 billion.
HUA HONG SEMI (01347.HK) last printed at $22, up 7.32%, on a volume of 27.9142 million shares, involving $599 million.
Previously, there were reports that the US Department of Commerce recently asked Nvidia (NVDA.US) to investigate how the company's products entered China over the past year. In addition, the US Senate released a report urging the government to allocate more resources to prevent China and Russia from acquiring advanced chips.
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AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| SMIC (C) |
28710 |
40.33 (-) |
0.058 |
3.5 X |
| SMIC (Bull) |
55670 |
20.4 (21) |
0.085 |
3.3 X |
| SMIC (Bull) |
53189 |
19.9 (20.5) |
0.180 |
3.1 X |
| SMIC (Bear) |
54530 |
34.6 (34) |
0.051 |
5.5 X |
| HUAHO (C) |
27654 |
23.93 (-) |
0.325 |
3.4 X |
| Nvidia (C) |
10447 |
175 (-) |
0.106 |
5.3 X |
| Nvidia (C) |
10405 |
160 (-) |
0.114 |
5.7 X |
| Nvidia (P) |
10448 |
123 (-) |
0.213 |
3.3 X |
| Nvidia (P) |
10300 |
110 (-) |
0.099 |
4.7 X |
