Hong Kong stocks opened lower, with the Hang Seng Index down 0.7% and the Hang Seng Tech Index down 0.6%. According to ChainCatcher, SMIC rose 4.74% after results, as the company said third-quarter revenue is expected to increase 2% to 4% quarter on quarter and guided for a gross margin of 26% to 28%.
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SMIC Rises 4.74% After Forecasting Q3 Revenue Growth
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