SMIC (0981 HK) Prelim Q4 Net Profit +23.2% Y/Y
SMIC's preliminary Q4 net profit increase of 23.2% year-over-year is a notable beat, signaling strong operational resilience in a competitive semiconductor landscape.
Netherlands sells EUR 1.845bln vs exp. EUR 1.5–2bln 3.25% 2044 Green DSL: average yield 3.388% (prev. 3.176%)
Russia's Kremlin announce that they have no clear date for the next round of discussion with Ukraine
SMIC (0981 HK) Prelim Q4 Net Profit +23.2% Y/Y
UK Cabinet Office has asked all Ministers not to follow Wes Streeting in publishing their messages with Peter Mandelson
Mail on Sunday's Hodges reports that his understanding is that UK PM Starmer "is planning some sort of fresh attempt to limit what gets published over the Mandelson saga."
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This performance may bolster investor confidence in the broader sector and could prompt a reevaluation of growth prospects for similar firms. Watch for market reactions, particularly in semiconductor equities, as this print could influence both sentiment and valuation multiples.
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