SMIC Semiconductor Migration Resolves HigherSemiconductor Manufacturing International Corp.HKEX_DLY:981VMS-PhilSector context: Chinese semiconductor momentum remains supportive, with China semiconductor ETFs and domestic chip names strengthening on localisation and AI demand themes. Ticker-specific news: SMIC recently cleared another regulatory hurdle for its major SMNC acquisition while Q1 2026 profit growth expectations remain supportive.