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SMIC International shares were reduced due to the decrease in the size of the Huaxia SSE STAR Market 50 ETF.

GoldenOctober2024

Jinshi Data News on February 22nd, on February 21st, SMIC announced that Huaxia SSE STAR Market 50 ETF reduced its domestic stock holdings by 2.8103 million shares. It was found by the journalist that this reduction was mainly due to the reduction in the size of the Huaxia SSE STAR Market 50 ETF. Since the beginning of this year, the net redemption of Huaxia SSE STAR Market 50 ETF has been nearly 13 billion yuan. In the view of industry insiders, due to the large size of some ETFs, they have had a significant impact on listed companies.

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