Citi International: Raises target price of SMIC (00981.HK) to HK $87, maintains "outperform" rating.

According to the Wise News Finance APP, China International Capital Corporation released a research report stating that the target price for SMIC's H shares (00981.HK) has been raised from 62 Hong Kong dollars to 87 Hong Kong dollars, maintaining an "outperforming the market" investment rating. The target price for SMIC's A shares is 90 yuan, raised by 40% to 126 yuan, with an investment rating of "neutral" maintained.