Based on the provided information, here is the analysis for the potential target price of Semiconductor Manufacturing International Corporation (SMIC) in the Hong Kong (HK) stock exchange:
- Current Stock Price: The current stock price of SMIC is HK$15.821.
- Fair Value Estimate: There is no specific fair value estimate provided for SMIC. However, a long-term increase is expected, with a 5-year investment target price of HK$22.063 as of April 25, 20292.
- Analyst Opinions and Price Targets:
- Analysts have not provided specific price targets for SMIC in the near term3.
- The stock holds buy signals from both short and long-term moving averages, indicating a positive forecast4.
- Recent Developments:
- SMIC may have violated U.S. export regulations by producing a chip for Huawei's Mate 60 Pro phone, which could lead to potential sanctions57.
- The U.S. official's statement suggests that SMIC potentially broke American law by supplying chips to Huawei, which could have implications for the company's operations and future prospects76.
Given the lack of specific analyst price targets and the potential legal concerns with Huawei, it is challenging to provide a precise target price for SMIC in the near term. However, considering the long-term increase expected and the positive stock forecast, investors may anticipate a target price that is higher than the current level. It is important to monitor any further developments related to the U.S.-China trade tensions and potential sanctions, as they could significantly impact SMIC's stock performance.