SMIC stock jumps 9% in broad Chinese tech rebound
Published on 11/04/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSMIC rebounds with Chinese tech stocks
- SMIC gained 9.0 percent as Chinese technology shares recovered on November 4, 2026.
- Market support measures and stronger mainland indexes shaped the session.
SMIC shares rose 9.0 percent on Wednesday, November 4, 2026, as Chinese technology stocks staged a sharp rebound. Trading Economics reported that the recovery followed new measures aimed at supporting the Chinese equity market.
Market support lifts technology shares
The Shanghai Composite climbed 2.16 percent to close at 3,686.2, while the Shenzhen Component gained 4.22 percent to 11,335.7. SMIC was among the technology stocks leading the rebound, alongside Cambricon Technologies, Hygon Information Technology, Zhongji Innolight, NAURA Technology and Eoptolink Technology.
The People's Bank of China said applications for its stock-purchase loan program had exceeded 200 billion yuan. It also conducted 100 billion yuan of swaps with brokers and fund companies to support stock purchases, according to the report.
Investor focus remains on execution
The session highlights how strongly SMIC can move when broader sentiment toward Chinese technology shares improves. For investors, the immediate signal is market-wide rather than a company-specific earnings announcement, so follow-through will depend on whether support measures continue to improve risk appetite.
Semiconductor Manufacturing International Corporation
- Company: Semiconductor Manufacturing International Corporation
- Hong Kong ticker: 0981.HK
- Reported move: 9.0 percent higher on Wednesday, November 4, 2026
- Market context: Shanghai Composite up 2.16 percent; Shenzhen Component up 4.22 percent
