News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Daiwa: HUA HONG SEMI (01347.HK) TP Lifted to $116 on Incoming ASP Upcycle
Daiwa published a research report expressing optimism that HUA HONG SEMI (01347.HK) will enter an average selling price (ASP) upcycle in 2026, primarily driven by AI-led demand for...
Reset
Send
The window will close in 5 seconds
<Research>Daiwa: HUA HONG SEMI (01347.HK) TP Lifted to $116 on Incoming ASP Upcycle
Close
Recommend
14
Positive
17
Negative
7
 
 

Daiwa published a research report expressing optimism that HUA HONG SEMI (01347.HK)  +1.200 (+1.322%)    Short selling $224.31M; Ratio 10.741%   will enter an average selling price (ASP) upcycle in 2026, primarily driven by AI-led demand for mature-node processes and an overall semiconductor industry recovery.

The Company's chip manufacturing activities are robust, with 1Q26 capacity utilization already approaching full load, and expected further upside room in 2026, the broker noted.

Related News G Sachs Reassesses Earnings Revision Leading Indicator (ERLI), Lists Hong Kong Buy Picks (Table)
Daiwa also believed that the injection of HLMC assets into HUA HONG SEMI represents a future development trend. Therefore, the broker lifted its target price from $110 to $116, and reiterated rating at Buy. Daiwa also believed that asset injections from HLMC into the listed company are likely to become a trend over the next 3-4 years.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

Auto-translated by AI

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.