UPDATE 2-SMIC shares sink, US ban worries cloud China’s hopes for chip self-sufficiency

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… * SMIC shares plunge nearly 21% in Hong Kong. * About $28 billion wiped off SMIC’s market value. * SMIC “could go under” in few years if ban implemented – analyst (Adds background, comments from analysts). By Josh Horwitz and Donny Kwok.

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