Daiwa Upgrades HUA HONG SEMI (01347) to "Buy," Raises Target Price to HK$110

Stock News

Nov 10

Daiwa released a research report stating that HUA HONG SEMI (01347) reported weaker-than-expected Q3 net profit due to income tax and minority interest impacts, but other key metrics exceeded expectations. The firm believes the company will benefit from downstream demand growth, enhancing its pricing power and operational flexibility, thereby improving product mix, average selling prices, and margins. Additionally, Daiwa expects HUA HONG SEMI to capitalize on the sustained AI momentum in 2024 as a wafer supplier for AI co-processor chips. The "China for China" strategy of overseas clients and synergies from the Fab5 facility acquisition further support the upgrade. Consequently, Daiwa raised its rating from "Hold" to "Buy" and lifted the target price from HK$42 to HK$110.

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Consequently, Daiwa raised its rating from \"Hold\" to \"Buy\" and lifted the target price from HK$42 to HK$110.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Daiwa Upgrades HUA HONG SEMI (01347) to \"Buy,\" Raises Target Price to HK$110</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDaiwa Upgrades HUA HONG SEMI (01347) to \"Buy,\" Raises Target Price to HK$110\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-10 10:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Daiwa released a research report stating that HUA HONG SEMI (01347) reported weaker-than-expected Q3 net profit due to income tax and minority interest impacts, but other key metrics exceeded expectations. 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Consequently, Daiwa raised its rating from \"Hold\" to \"Buy\" and lifted the target price from HK$42 to HK$110.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01347","symbol_name":"华虹半导体","start_time":0,"source_url":"","article_id":"1163913016","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163913016","pubTimestamp":1762743494,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Daiwa released a research report stating that HUA HONG SEMI (01347) reported weaker-than-expected Q3 net profit due to income tax and minority interest impacts, but other key metrics exceeded...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01347":"华虹半导体","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK1607":"新IT概念","BK1614":"港股-半导体","BK1589":"北水核心资产","SG9999006597.SGD":"United China-India Dynamic Growth SGD","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK1163":"半导体产品"},"translate_title":"大和升级华虹半导体(01347)至“买入”目标价升至110港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01347":1},"content_text":"Daiwa released a research report stating that HUA HONG SEMI (01347) reported weaker-than-expected Q3 net profit due to income tax and minority interest impacts, but other key metrics exceeded expectations. 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