New SMIC call warrant as stock approaches critical 52-week low

Macquarie Warrants Singapore

$SMIC(00981)$ shares listed on the Hong Kong Exchange has lost 16% this month alone, taking its decline from its May 2026 peak of HKD 93 to a jaw-dropping -45%

With its close at HKD 51.20 yesterday, the stock is now trading just 3% above its 52-week low of HKD 49.32 on 30 Mar 2026 The RSI, which fell below 30 on Oct 13 (oversold signal), has remained depressed

According to Bloomberg, the stock has historically risen an average of 25% in the 20 days following such signals across 4 occurrences in the past 12 months

SMIC's share price rout this month follows the souring sentiment in AI shares, as reflected in the share price plunge of a data centre infrastructure company Elice which tumbled as much as 38% in its IPO debut on the Korean KOSDAQ exchange yesterday

The earnings of US mega tech companies this week from Google/Meta/Microsoft is a potential share price catalyst for SMIC and the broader tech/chip sector

Macquarie has listed a new SMIC call warrant $SMIC MB eCW270402(RLAW.SI)$ (https://warrants.com.sg/tools/livematrix/RLAW) for those interested to trade a rebound of SMIC shares from current levels

The warrant which costs SGD 0.024 while SMIC trades at HKD 51.50 , moves approximately 4.8% for a 1% move in SMIC shares (based on its effective gearing level as of 930AM)

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low","html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/00981\">$SMIC(00981)$</a> shares listed on the Hong Kong Exchange has lost 16% this month alone, taking its decline from its May 2026 peak of HKD 93 to a jaw-dropping -45%</p>\n<p>With its close at HKD 51.20 yesterday, the stock is now trading just 3% above its 52-week low of HKD 49.32 on 30 Mar 2026 The RSI, which fell below 30 on Oct 13 (oversold signal), has remained depressed</p>\n<p>According to Bloomberg, the stock has historically risen an average of 25% in the 20 days following such signals across 4 occurrences in the past 12 months</p>\n<p>SMIC's share price rout this month follows the souring sentiment in AI shares, as reflected in the share price plunge of a data centre infrastructure company Elice which tumbled as much as 38% in its IPO debut on the Korean KOSDAQ exchange yesterday</p>\n<p>The earnings of US mega tech companies this week from Google/Meta/Microsoft is a potential share price catalyst for SMIC and the broader tech/chip sector</p>\n<p>Macquarie has listed a new SMIC call warrant <a href=\"https://ttm.financial/S/RLAW.SI\">$SMIC MB eCW270402(RLAW.SI)$</a> (https://warrants.com.sg/tools/livematrix/RLAW) for those interested to trade a rebound of SMIC shares from current levels</p>\n<p>The warrant which costs SGD 0.024 while SMIC trades at HKD 51.50 , moves approximately 4.8% for a 1% move in SMIC shares (based on its effective gearing level as of 930AM)</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f51af45b668e4febcbe1973bf0edd79f\" tg-width=\"1300\" tg-height=\"1300\"></p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/00981\">$SMIC(00981)$</a> shares listed on the Hong Kong Exchange has lost 16% this month alone, taking its decline from its May 2026 peak of HKD 93 to a jaw-dropping -45%</p>\n<p>With its close at HKD 51.20 yesterday, the stock is now trading just 3% above its 52-week low of HKD 49.32 on 30 Mar 2026 The RSI, which fell below 30 on Oct 13 (oversold signal), has remained depressed</p>\n<p>According to Bloomberg, the stock has historically risen an average of 25% in the 20 days following such signals across 4 occurrences in the past 12 months</p>\n<p>SMIC's share price rout this month follows the souring sentiment in AI shares, as reflected in the share price plunge of a data centre infrastructure company Elice which tumbled as much as 38% in its IPO debut on the Korean KOSDAQ exchange yesterday</p>\n<p>The earnings of US mega tech companies this week from Google/Meta/Microsoft is a potential share price catalyst for SMIC and the broader tech/chip sector</p>\n<p>Macquarie has listed a new SMIC call warrant <a href=\"https://ttm.financial/S/RLAW.SI\">$SMIC MB eCW270402(RLAW.SI)$</a> (https://warrants.com.sg/tools/livematrix/RLAW) for those interested to trade a rebound of SMIC shares from current levels</p>\n<p>The warrant which costs SGD 0.024 while SMIC trades at HKD 51.50 , moves approximately 4.8% for a 1% move in SMIC shares (based on its effective gearing level as of 930AM)</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f51af45b668e4febcbe1973bf0edd79f\" tg-width=\"1300\" tg-height=\"1300\"></p></body></html>","text":"$SMIC(00981)$ shares listed on the Hong Kong Exchange has lost 16% this month alone, taking its decline from its May 2026 peak of HKD 93 to a jaw-dropping -45% With its close at HKD 51.20 yesterday, the stock is now trading just 3% above its 52-week low of HKD 49.32 on 30 Mar 2026 The RSI, which fell below 30 on Oct 13 (oversold signal), has remained depressed According to Bloomberg, the stock has historically risen an average of 25% in the 20 days following such signals across 4 occurrences in the past 12 months SMIC's share price rout this month follows the souring sentiment in AI shares, as reflected in the share price plunge of a data centre infrastructure company Elice which tumbled as much as 38% in its IPO debut on the Korean KOSDAQ exchange yesterday The earnings of US mega tech companies this week from Google/Meta/Microsoft is a potential share price catalyst for SMIC and the broader tech/chip sector Macquarie has listed a new SMIC call warrant $SMIC MB eCW270402(RLAW.SI)$ (https://warrants.com.sg/tools/livematrix/RLAW) for those interested to trade a rebound of SMIC shares from current levels The warrant which costs SGD 0.024 while SMIC trades at HKD 51.50 , moves approximately 4.8% for a 1% move in SMIC shares (based on its effective gearing level as of 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