SMIC (00981.HK) reiterated that the products and services are not for military use and resume trading this afternoon



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SMIC (00981.HK) reiterated that the products and services are not for military use and resume trading this afternoon

SMIC (00981.HK) announced that it was concerned that the company was included on the list of Chinese military-related enterprises by the US Department of Defense. After the company is included in the list of Chinese military-related companies, Americans will be prohibited from trading in related securities and derivatives issued by SMIC: from December 2020, Beijing time …

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