SMIC stock price dips 2.8% as tariff jitters hit chips — what Hong Kong traders watch next
SMIC shares fell 2.78% to HK$77.00 Monday after volatile trading, as tariff threats from the U.S. triggered a selloff in chip and tech stocks. The Hang Seng TECH Index dropped 1.24%. Offshore, Alphabet, Nvidia, and Microsoft shares also declined. Traders are watching Tuesday’s Hong Kong open for further signals amid policy uncertainty and global market caution.