SMIC's A shares have reached a new all-time high.

SMIC International rose by 17.45%, closing at the day's highest price of 119.22 yuan, hitting a historical high and accumulating a 26% increase so far this year. Its H shares surged more than 11% to 62.7 Hong Kong dollars, also hitting a historical high with a 96% increase so far this year. SMIC International's total market value is currently approaching 580 billion yuan.