


| Asia stocks mixed; shares of SMIC in Hong Kong plummet as U.S.-China tech tensions rise |
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Hong Kong-listed shares of Semiconductor Manufacturing International Corporation (SMIC), China's largest manufacturer of semiconductors, plunged nearly 20% by the afternoon. U.S. President Donald Trump's administration is considering imposing export restrictions on SMIC, according to a Defense Department spokesperson.
Posted: 2020-09-07 06:43:00
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