SMIC shares touch 4-month low over US export curbs

China's top chipmaker acknowledges blow in growing tech war

20201005N SMIC

SMIC's Shanghai headquarters. The Chinese chipmaker's shares have taken a hit from U.S. export restrictions. (Photo by Yusho Cho)

TAKASHI KAWAKAMI, Nikkei staff writer

GUANGZHOU -- Shares in Semiconductor Manufacturing International Corp. dropped Monday in Hong Kong after the company warned of adverse effects from new U.S. export restrictions, part of the countries' growing decoupling on technology.

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