Goldman Sachs raises SMIC's H-share target price by 15%.

date
16/09/2025
Goldman Sachs has raised its 12-month target price for SMIC's Hong Kong-listed H shares by 15% to 73.1 Hong Kong dollars. It maintains the earnings forecast for 2025-2027 essentially unchanged while increasing the revenue and earnings per share forecast for 2028 and 2029.