[sgbuffett]

While SMIC is trying to push for cutting edge low micron chips it is paying a heavy price trying to catch up with top global foundaries as it has to lengthen the process to create equivalent chips this causes lower yield and hurts its margins.

The best bets in China semiconductor is more matured technology where the industry has already optimised the process and yields.

Hua Hong is a far better investment than SMIC...it has higher  margins and low cap ex. 

Red is hua hong vs SMIC (blue)

[WhatDoYouThink!]

This is more important than looking for jobs ah?

[sgbuffett]

This is more important than looking for jobs ah?

If you want to work go ahead don't impose on others.

[WhatDoYouThink!]

If you want to work go ahead don't impose on others.

明日复明日，明日何其多！你生待明日，万事成蹉跎！世人若被明日累，春去秋来老将至。朝看水东流，暮看日坠西。百年明日能几何？

Very meaningful for lazy bums, but not easy to understand

[sgbuffett]

明日复明日，明日何其多！你生待明日，万事成蹉跎！世人若被明日累，春去秋来老将至。朝看水东流，暮看日坠西。百年明日能几何？

Very meaningful for lazy bums, but not easy to understand

I'd is very arrogant and prejudice for you to label others lazy when you don't watch what we do all day ...and the work may exceed those with full time job.

[WhatDoYouThink!]

I meant for lazy bums. If you're not, just ignore loh

[sgbuffett]

Today again we see Hua Hong outperforming SMIC.
Right now there is a semicon upturn globally Chinese players too will benefit fro. This up turn.

Like I said earlier the need for SMIC to stay are the cutting g edge is costly due to US sanctions on the equipment needed...this will hinder its profitability 

[WhatDoYouThink!]

Dun worry too much for china. One day it'll suddenly becum a leader in areas such as space technologies, ev, ai, infrastructures, hsr, drones, smart phones.... While you're still daydreaming and guessing where the market shd go

[sgbuffett]

Dun worry too much for china. One day it'll suddenly becum a leader in areas such as space technologies, ev, ai, infrastructures, hsr, drones, smart phones.... While you're still daydreaming and guessing where the market shd go

China being a leader in bullet rtain space and EV...and the economybdoing well are 2 different issues. I have no doubt china will lead EV and bullet trains etc but that does not mean its economy is healthy. Japan throughotsblost decade was the leader in automobile bullet train and high tech manufacturing yet the people suffered limited income growth and the economy as a whole was in a poor state.

China today per capita income is roughly same level as Malaysia. ...Malaysia is expected to move ahead ext few years due to its good demographics and foreign investments.

[WhatDoYouThink!]

China being a leader in bullet rtain space and EV...and the economybdoing well are 2 different issues. I have no doubt china will lead EV and bullet trains etc but that does not mean its economy is healthy. Japan throughotsblost decade was the leader in automobile bullet train and high tech manufacturing yet the people suffered limited income growth and the economy as a whole was in a poor state.

China today per capita income is roughly same level as Malaysia. ...Malaysia is expected to move ahead ext few years due to its good demographics and foreign investments.

Since you already know china's economy is going downhill so just stay away from it lah. You know fire is dangerous and yet still play with it, one day you'll get burnt jialet jialet

[sgbuffett]

Performance gal between the 2 continues.

For down market SMIC falls more...for up market SMIC rises less.

[sgbuffett]

SMIC close the process gap with TSMC . Stock surge 15%

[sgbuffett]

Up 20% as investors realised that decoupling with US means 
SMIC cannot  be allowed to lose in China's push for semi con independence 

[sgbuffett]

Up 20% as investors realised that decoupling with US means 
SMIC cannot  be allowed to lose in China's push for semi con independence 

Up 29% in one day congrats to all who bought

[sgbuffett]

Up 20% as investors realised that decoupling with US means 
SMIC cannot  be allowed to lose in China's push for semi con independence 

Up another 19% as more investors realise the potential of thjs stock

[sgbuffett]

Today again we see Hua Hong outperforming SMIC.
Right now there is a semicon upturn globally Chinese players too will benefit fro. This up turn.

Like I said earlier the need for SMIC to stay are the cutting g edge is costly due to US sanctions on the equipment needed...this will hinder its profitability 

Rises sharply as all other stocks fall.


SMIC starting out outperform as  theh manage to improve the yield of high end chips and jmprove margins. Given the geo politics ...smic demand can only grow so the upside may be grossly underestimated.

[sgbuffett]

SMIC.....wild swings as China's semicon champion ..grown out of Biden restricted China access to advanced chips

So far between the 2 semi con stocks SMIC outperforms 

[sgbuffett]

Today again we see Hua Hong outperforming SMIC.
Right now there is a semicon upturn globally Chinese players too will benefit fro. This up turn.

Like I said earlier the need for SMIC to stay are the cutting g edge is costly due to US sanctions on the equipment needed...this will hinder its profitability 

Smic up 150%....Hua Hong up 9%

[sgbuffett]

Despite teh dismal headlines if you dig in the company announcements it is  expanding its 5nm nodes rapidly using older ASML machines and managed to get the yield up. The cost difference with TSMC narrowed to just 20%. 

I expect the stock to go up not down despite profit plunge announced yestrrday after market closed


https://finance.yahoo.com/news/chinas-sm...51375.html

[sgbuffett]

Today again we see Hua Hong outperforming SMIC.
Right now there is a semicon upturn globally Chinese players too will benefit fro. This up turn.

Like I said earlier the need for SMIC to stay are the cutting g edge is costly due to US sanctions on the equipment needed...this will hinder its profitability 

Smic rose 150% since i posted. But is still only 5% the size of TSMC. With mature node manufacting all reshoring back jnto china and higher end chips that TSMC cannot make for China we are looking at eventually 25-30% of the market that has to go back to China.. it is still early days in the larger.scheme of things.

[sgbuffett]

After laggeng SMIC in recebt months, Hua Hing surge 17% in ine day

[Cmpunk]

Ah butt I thought you bearish on HSI tech?

[sgbuffett]

Ah butt I thought you bearish on HSI tech?

For trading day to day movement...trading activity and sentiment.

For long term company movement, company fundamentals is key.

HS tech is for trading. Individual companies is for investung.


For example as HS Tech hit bottom last year Xiaomi was making new highs.

[Blin]

China being a leader in bullet rtain space and EV...and the economybdoing well are 2 different issues. I have no doubt china will lead EV and bullet trains etc but that does not mean its economy is healthy. Japan throughotsblost decade was the leader in automobile bullet train and high tech manufacturing yet the people suffered limited income growth and the economy as a whole was in a poor state.

China today per capita income is roughly same level as Malaysia. ...Malaysia is expected to move ahead ext few years due to its good demographics and foreign investments.

Malaysia has lot of room for growth. We satuated

[sgbuffett]

Malaysia has lot of room for growth. We satuated

Pap will solve this by importing people and financialising the economy

[Omnipresent88]

https://youtu.be/LQiwdn4hxhs?si=1n_R12cbQlLm2FNb

Huat arh huat arh huat huat arh

[sgbuffett]

Hua hong up 23%.
..SMIC only up 8% today

[Omnipresent88]

[sgbuffett]

Today again we see Hua Hong outperforming SMIC.
Right now there is a semicon upturn globally Chinese players too will benefit fro. This up turn.

Like I said earlier the need for SMIC to stay are the cutting g edge is costly due to US sanctions on the equipment needed...this will hinder its profitability 

Today hua hong up 11% and smic only 6%

[sgbuffett]

Some updates on legacy chip market where the chinese are starting dominate