Actually it does not seem to be related to the China news as SMIC has suffered a similar loss in Hong Kong trading today: https://finance.yahoo.com/quote/0981.

Actually it does not seem to be related to the China news as SMIC has suffered a similar loss in Hong Kong trading today: https://finance.yahoo.com/quote/0981.HK?p=0981.HK&.tsrc=fin-srch https://finance.yahoo.com/quote/0981.HK?p=0981.HK&.tsrc=fin-...