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HKG:0981 News 20 January 2026

SMIC stock price dips 2.8% as tariff jitters hit chips — what Hong Kong traders watch next

SMIC stock price dips 2.8% as tariff jitters hit chips — what Hong Kong traders watch next

Hong Kong, Jan 20, 2026, 08:17 HKT — Premarket Shares of Semiconductor Manufacturing International Corp (SMIC) closed Monday down 2.78% at HK$77.00. The stock saw volatile trading between HK$77.00 and HK$80.10, setting the stage for close attention when markets open Tuesday. (Investing) Timing is key. After U.S. President Donald Trump threatened new tariffs on imports from several European countries, global…
20 January 2026
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Stock Market Today

  • Markets Rebound on Trump's Greenland Reversal and NATO Deal
    January 21, 2026, 9:28 PM EST. U.S. stock markets rallied sharply Wednesday following President Trump's announcement at the World Economic Forum in Davos that he would not pursue military force to annex Greenland. The Dow Jones surged 588 points (+1.21%), with the S&P 500 and Nasdaq also posting gains above 1%. Markets gained further momentum after Trump revealed a deal with NATO to avoid tariffs in exchange for a defense agreement with Denmark. The small-cap Russell 2000 led, rising 2%. Investors now shift focus to economic data due Thursday, including the delayed November Personal Consumption Expenditures inflation report, expected at +2.8% year-over-year, and Q3 GDP revision at +4.3%. Weekly jobless claims are also anticipated to hold around 200,000, signaling steady labor conditions. Major earnings reports from GE Aerospace, Abbott, Procter & Gamble, Intel, and others will further shape market sentiment.
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