SMIC01 hits a record close in Thailand — what to watch next for the SMIC depositary receipt
SMIC01, the Thai depositary receipt for SMIC, closed Friday at 4.58 baht, its highest since listing, with volume at 943,663 units. The move follows the SET’s recent listing of new DRs, including SMIC01, on Jan. 9. SMIC shares in Hong Kong ended at HK$79.20. Traders await Monday’s open for signals from Hong Kong and possible policy news.