Semiconductor Manufacturing Int’l (ADR) (SMI): Datang Telecom Raises Its Activist Stake

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In a recent filing with the Securities and Exchange Commission, Datang Telecom Technology & Industry Holdings LTD revealed raising its stake in Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI). The investor currently owns over 6.65 million shares of Semiconductor Manufacturing, versus 6.14 million held earlier. Datang’s activist position in the $2.79 billion Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI) amasses 20.6% of the outstanding stock, up from 19.1% held previously.

Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI) is an investment holding company, which through its subsidiaries is engaged in manufacturing and sale of integrated circuits and other semiconductor services. Jim Simons‘ Renaissance Technologies is another shareholder of the company, owning 1.75 million shares, according to its latest 13F filing. Gavin Saitowitz and Cisco J. Del Valle‘s Springbok Capital has initiated a stake in Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI) during the first quarter of the year, currently holding 611,000 shares.

Disclosure: none

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