(Yicai Global) May 14 -- The outbreak of the Covid-19 pandemic left Chinese integrated circuit maker Semiconductor Manufacturing International Corp.’s operations unaffected, the company announced today, pushing its shares [HK:0981] up 5.70 percent to HKD18.16 (USD2.40) by mid-morning.

The effect on demand and its supply chain remains to be seen, however, the Shanghai-based firm added.

SMIC’s net profit was USD 64.16 million in the first quarter, up over five-fold from the year before.

Editor: Ben Armour