Daiwa: Raised the target price of SEMI International (00981.HK) to HK$40, maintaining a "Sell" rating.

Zhongan Finance APP learned that Daiwa released a research report stating that it has raised its earnings per share forecast for Semiconductor Manufacturing International Corporation (00981.HK) from 2026 to 2028 by 11% to 48%. The target price has been increased from HKD 36.5 to HKD 40, which corresponds to an average projected price-to-book ratio of 1.1 times for 2026 to 2027, maintaining a "Sell" rating. Daiwa believes that the stock price has fully reflected the positive factors and that the current valuation is relatively high.