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Simo has risen more than 6%, and the institution is optimistic about the company's foundry share.

Simo has risen more than 6%, and the institution is optimistic about the company's foundry share.

2022-11-03

Zhitong Finance APP was informed that Simo International (06969) rose more than 6%in early trading. As of press time, it rose 4.17%to HK $ 10.98, with a turnover of HK $ 244 million.


Haitong Securities said that the domestic electronic cigarette consumption tax landing helps to stabilize market expectations, and the tax levy amount is slightly lower than that of cigarettes. It is expected that after adjustment of the industrial chain will achieve reasonable operating profit levels. In the prospect of growth, high demands are expected to accelerate the focus of the head. In the first half of next year, the overseas market may be an important node. After the PMTA review is basically over, the market is expected to accelerate growth. The share of the work link continues to increase.


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