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Semiconductor Manufacturing International Corp (SMI)

SMI on New York Consolidated

6.82USD
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Semiconductor Manufacturing International Enters Placing Agreement To Place 241.4 Mln Placing Shares
Tuesday, 28 Nov 2017 07:22pm EST 

Nov 29 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::ENTERS PLACING AGREEMENT TO PLACE 241.4 MILLION PLACING SHARES AT A PRICE OF HK$10.65 PER PLACING SHARE​.‍GROSS PROCEEDS OF PLACING WILL BE ABOUT HK$2.57 BILLION & NET PROCEEDS OF PLACING WILL BE ABOUT HK$2.55 BILLION​ ‍​.ANNOUNCES ‍PROPOSED ISSUE OF US$65 MILLION PERPETUAL SUBORDINATED CONVERTIBLE SECURITIES​.  Full Article

Semiconductor Manufacturing International Corp says Q3 ‍profit attributable fell 28.6 pct
Tuesday, 14 Nov 2017 05:32am EST 

Nov 14 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::‍Q3 revenue $769.7 million, down 0.7 percent YoY.Qtrly ‍profit attributable $25.9 million, down 28.6 pct.Expects Q4 revenue to increase by 1 pct to 3 pct QoQ.‍Expects Q4 gross margin to range from 18 pct to 20 pct.  Full Article

Semiconductor Manufacturing International says ‍Liang Mong Song appointed as co-CEO
Monday, 16 Oct 2017 04:35am EDT 

Oct 16 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:‍Liang Mong Song appointed as a co-chief executive officer​.‍Zhao Haijun updated to title of co-CEO.  Full Article

Semiconductor Manufacturing International Corp says HY revenue US$1,544.3 mln
Wednesday, 30 Aug 2017 09:12am EDT 

Aug 30 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>: :HY revenue US$1,544.3 million, up 16.6 percent.HY gross profit was US$415.0 million versus US$371.6 million.  Full Article

Semiconductor Manufacturing International and related parties enter capital increase deal
Thursday, 10 Aug 2017 09:03am EDT 

Aug 10 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Co, SMIC Beijing, China ic fund, beijing semi fund, idimc, zdg, smic holdings, e-town capital,jvc enters capital increase agreement.Amended JV agreement entered into by company and its wholly-owned subsidiary SMIC Beijing, IDIMC and ZDG.Pursuant to amendment co & related parties to make cash contribution of US$1.22 billion into registered capital of JV.  Full Article

SMIC says qtrly revenue was up 8.8 pct YOY
Tuesday, 8 Aug 2017 06:59am EDT 

Aug 8 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::Revenue was $751.2 million in Q217, an increase of 8.8pct YOY from $690.2 million in 2Q16..Qtrly net profit attributable $36.271 million versus $97.643 million a year ago.In Q3 2017 co expects revenue to be flat to up by 3pct QOQ..  Full Article

Semiconductor Manufacturing International updates on July guarantee agreements
Monday, 31 Jul 2017 07:51am EDT 

July 31 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::Co entered into july guarantee agreements with Xin Cheng Leasing or Xin Dian Leasing.Agreement to provide guarantees of an aggregate amount of approximately us$125.5 million.  Full Article

Semiconductor Manufacturing International updates on capital contribution to a JV
Thursday, 20 Jul 2017 06:28am EDT 

July 20 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::SMIC-connected Transaction - Capital Contribution To A Joint Venture <<<0981.HK>>>.Co, China Ic Fund, Sino Ic Capital, and 13 independent third parties agreed to amend previous jv agreement.Agreed to raise its capital contribution obligation towards jv co as contained in previous JVA from RMB0.60 billion to RMB0.80 billion.  Full Article

Semiconductor Manufacturing International says Haijun Zhao appointed as chief executive officer
Friday, 12 May 2017 07:19am EDT 

May 12 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Haijun Zhao has been appointed as chief executive officer of company with effect from 10 may 2017.  Full Article

Semiconductor Manufacturing International updates on disposal deal
Thursday, 11 May 2017 12:09am EDT 

May 11 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Reference is made to company's announcements dated 28 April in relation to, disposal agreement.Company was notified by JCET that CSRC had granted official approval for disposal and subscription.  Full Article

BRIEF-Gigadevice Semiconductor bought HK$532.5 mln worth of shares placed by SMIC

* SAYS IT HAS BOUGHT HK$532.5 MILLION ($68.22 million) WORTH OF SHARES PLACED BY SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP Source text in Chinese: http://bit.ly/2jvVngL Further company coverage: ($1 = 7.8053 Hong Kong dollars) (Reporting by Hong Kong newsroom)