with rising of china semiconductor industries, SMIC had successfully made 7nm BTC semiconductors, even outperfom Intel in terms of effiency. Many ICs are made within China given current International conditions, China has given massive financial stimulates and the company is having multiple quarter of growth and set to challenge many rivals.
This giant is bouncing from a double bottom, possibily to see 60 yuan, in 2-3 months. and 5x in 5 years.