穆迪料美国对中芯(00981.HK)出口限制短期无实质影响
评级机构穆迪发表报告,由於中芯国际(00981.HK)具充裕原料库存及充足产能,上月美国对其供应商施加的新出口限制,在未来12至18个月料不会对中芯经营有实际影响。穆迪予其「Baa3」信贷评级,展望稳定。
穆迪副总裁兼高级信贷主任Chenyi Lu称,中芯今年就核心配件及原材料大幅增加资本开支,并扩张产能。因此,料可支持中芯未来两年经营。
中芯净现金状况强劲,今年底止经调整净现金料达52亿美元,亦有融资渠道抵御限制措施带来的负面财政影响。此外,中芯料持续获得内地政府财政支持,以支援建立本土集成电路工业价值链。
不过,如果中芯长期无法采购所需仪器、配件及原料,在生产先进半导体芯片上将落後於国际同业,长远或损害市场地位及收入增长潜力。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.