SMIC International rose by 8.84%, and the southbound funds have been buying for 8 consecutive days.

In the early trading on June 24, SMIC surged and fluctuated, closing at 154.23 yuan per share at noon, up 8.84%, with a turnover of 14.3 billion yuan. On the news front, industry insiders said that TSMC has successively notified customers of raising wafer foundry prices, with price increases covering not only the rumored 3nm process, but also all advanced processes of 7nm and below, with an overall increase of about 5% to 10%, affecting about 75% of wafer revenue sources. In terms of individual stocks, on June 23, SMIC traded 12.275 billion Hong Kong dollars through the Hong Kong Stock Connect, with a net purchase of 2.472 billion Hong Kong dollars; it has received net inflows of funds from Southbound investors for 8 consecutive days, with a cumulative net purchase of 6.492 billion Hong Kong dollars.