March 26 (Reuters) - Semiconductor Manufacturing International Corp:
* SMIC HOLDINGS SELLS 28.17% STAKE IN JOINT VENTURE NINGBO SEMICONDUCTOR INTERNATIONAL CORP
* STAKE TRANSFERRED TO CHINA INTEGRATED CIRCUIT INDUSTRY INVESTMENT FUND CO
* UPON COMPLETION, SMIC HOLDINGS SHAREHOLDING IN JV WILL DECREASE TO 38.59%
* THERE IS NO GAIN OR LOSS EXPECTED TO ACCRUE TO COMPANY AS A RESULT OF EQUITY TRANSFER
* SMIC HOLDINGS TO MAKE FURTHER CASH CONTRIBUTION OF RMB565 MILLION TO REGISTERED CAPITAL OF JV CO Source text for Eikon: Further company coverage: