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SMIC (00981.HK) Once Plunges 7%+ After Midday
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SMIC (00981.HK) opened 2.14% higher this morning (23rd) and once reached a nearly four-and-a-half-year high of $44 in the early session. However, its trading volume surged unexpectedly from around 1:10 pm, sinking its stock price by 7.7% at one point to a bottom of $38.85. It last traded at $39.55, down 6.06%, on a volume of 155 million shares and a turnover of $6.484 billion, making it the most actively traded stock on the Hong Kong market.

HUA HONG SEMI (01347.HK) was last at $23.55 after midday, up 0.21%, on a turnover of $832 million.

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