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>CLSA Hikes HUA HONG SEMI (01347.HK) TP to HKD147.6 on AI-fueled Expansion
HUA HONG SEMI (01347.HK) will continue to benefit from strong growth in AI and the ongoing trend of domestic substitution, CLSA said in a research report. The group's 1Q result...
Reset
Send
The window will close in 5 seconds
<Research>CLSA Hikes HUA HONG SEMI (01347.HK) TP to HKD147.6 on AI-fueled Expansion
Close
Recommend
11
Positive
9
Negative
12
 
 

HUA HONG SEMI (01347.HK)  +2.100 (+1.641%)    Short selling $1.27B; Ratio 19.082%   will continue to benefit from strong growth in AI and the ongoing trend of domestic substitution, CLSA said in a research report. The group's 1Q results and 2Q guidance were broadly in line, while the company is ambitiously scouting new areas such as compound semiconductors and silicon photonics.

The broker raised its valuation multiples for H shares and A shares. The 2027E PB for H shares was lifted from 4x to 4.5x, and for A shares from 6x to 6.5x. The TP for H shares was accordingly raised from HKD129.5 to HKD147.6. The TP for HUA HONG (688347.SH)  +10.000 (+5.917%)   A shares was increased from RMB177.5 to RMB194.9. Both were rated Outperform. Motivated by AI-led business growth and new product expansion, the company's valuation should be above its historical average.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.) (A Shares quote is delayed for at least 15 mins.)

Related News BOCOM International Raises HUA HONG SEMI (01347.HK) TP to HKD145, Lifts Revenue and Gross Margin Forecasts

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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.