Nomura: Maintains a 'neutral' rating on hua hong semi (01347) with a target price of 16.4 Hong Kong dollars.
Management of Hua Hong Semi expects the median revenue for the fourth quarter to increase by 1.7% quarter-on-quarter.
Hong Kong semiconductor stocks outperformed with strong performance, stock prices remained resilient against the market trend. Global semiconductor sales hit a record high.
①Hong Kong-listed semiconductor stocks remain resilient in a bearish market, what bullish factors are boosting the market? ②Global semiconductor sales hit a record high, what are the key points?
Daiwa: Reiterates a 'shareholding' rating for hua hong semi, with the target price raised to 28 Hong Kong dollars.
hua hong semi management expects fourth quarter revenue to reach $0.53 billion to $0.54 billion.
HK stock abnormal movement | Hua Hong Semi (01347) rose more than 3%, with sales revenue and gross margin in the third quarter both outperforming guidance. Full-scale production with comprehensive capacity utilization.
hua hong semi (01347) rose more than 3%, as of the deadline for submission, up 3.23%, at 23.85 Hong Kong dollars, with a turnover of 0.101 billion Hong Kong dollars.
Brokerage morning meeting highlights: China's semiconductor industry's domestic market demand and self-controllable direction are clear.
At today's brokerage morning meeting, citic sec believes that the domestic market and self-controllable direction are clear development directions for China's semiconductor industry; gtja pointed out that the improvement in domestic demand is expected to continue to heat up, highlighting the elasticity of baijiu; htsc stated that bank performance is expected to stabilize, seizing structural opportunities.
Hong Kong stocks morning report on November 8: The Federal Reserve cut interest rates by 25 basis points, and guangzhou automobile group's cumulative sales volume in the first ten months decreased by over 17% year-on-year.
1. China Securities Regulatory Commission Vice Chairman Li Ming: The foreign shareholding limit for foreign securities fund futures companies has been lifted. Foreign institutions will receive national treatment in terms of business scope and regulatory requirements. 2. The Federal Reserve cuts interest rates by 25 basis points, marking the second consecutive rate reduction. 3. The People's Bank of China has suspended gold shareholding increases for the sixth consecutive month. 4. Zhong Shanshan has been the richest person in mainland China for four consecutive years.
Third Quarter Report 2024
Hong Kong Stock Exchange News | Iterative process of efficient human diploid rabies vaccine developed by Ami Vaccine declared for clinical trial.
Semiconductor Manufacturing International Corporation (00981) announced its third-quarter performance, with a net profit attributable to shareholders of 0.149 billion US dollars, an increase of 58.3% year-on-year....
Gelonghui Announcement Highlights (Hong Kong Stock) | Semiconductor Manufacturing International Corporation (00981.HK) third-quarter net profit attributable to owners decreased by 9.6% quarter-on-quarter to 0.149 billion US dollars
【Today's Focus】semiconductor manufacturing international corporation (00981.HK) reported a third-quarter net profit attributable to owners of $0.149 billion, a 9.6% decrease from the previous quarter. semiconductor manufacturing international corporation (00981.HK) announced that the sales revenue for the third quarter of 2024 was $2171.2 million, compared to $1901.3 million in the second quarter of 2024, and $1620.6 million in the third quarter of 2023. The gross profit for the third quarter of 2024 was $444.2 million, compared to $265.1 million in the second quarter of 2024, and $321.6 million in the third quarter of 2023. The gross profit for the third quarter of 2024
Featured Announcement | Zhejiang Founder Motor: Becomes a supplier of certain two projects' driving motor stator assembly parts for Leapmotor; Huahong Company: Net income in the first three quarters decreased by 65.69% to 0.578 billion yuan.
Western Securities: Intends to acquire 64.5961% stake in Guorong Securities at a total price of approximately 3.825 billion yuan.
Galaxy Today Announcement Highlights: zhejiang founder motor: became the supplier of the stator assembly parts for two projects of leapmotor; Huahong Company: net income in the first three quarters was 0.578 billion yuan, a year-on-year decrease of 65.69%
[Company Business Data] Beiqi Foton Motor (600166.SH): Total sales of autos in October reached 56,053 units. Fujian Sunner Development (002299.SZ): Achieved sales revenue of 1.583 billion yuan in October. Poly Developments and Holdings Group (600048.SH): Contracted amount in October was 42.337 billion yuan, an increase of 27.85% year-on-year. Huahong Company (688347.SH): Net income in the first three quarters was 0.578 billion yuan, a decrease of 65.69% year-on-year. Guangzhou Automobile Group (601238.SH): Auto sales in October were 185,785 units, a decrease of 17.23% year-on-year. Zhengbang Technology (0
Hua Hong Semiconductor (688347.SH): Power semiconductor demand improvement still needs to be observed. It is expected that the main business income in the fourth quarter will be 0.53 billion US dollars to 0.54 billion US dollars.
Huahong Company (688347.SH) released the quarterly report for the first three quarters of 2024, with President and Executive Director Tang Junjun...
Huali Company (688347.SH): The net income for the first three quarters was 0.578 billion yuan, a year-on-year decrease of 65.69%.
GloryTimes, November 7th - Huahong Company (688347.SH) released its third quarter report, with a revenue of 10.5 billion yuan in the first three quarters, a decrease of 18.92% year-on-year, a net income of 0.578 billion yuan, a decrease of 65.69% year-on-year, a non-GAAP net income of 0.46 billion yuan, a decrease of 68.26% year-on-year, and a basic earnings per share of 0.34 yuan. President and Executive Director Mr. Tang Junjun commented on the performance of the third quarter of 2024: 'The overall recovery trend in the semiconductor market is in line with our expectations, but there is structural differentiation. Demand in consumer electronics and some emerging applications is improving, as well as power semiconductors.'
Hua Hong CEO: 12-Inch Production Line in Wuxi Expected to Start Trial Production by Year-End >1347.HK
Hua Hong CEO: Overall Recovery of Semiconductor Market in Line With Expectations >1347.HK
Hua Hong Semiconductor 3Q Net $44.8M Vs. Net $13.9M >1347.HK
Express News | Hua Hong Semiconductor Sees Revenue to Be US$530 Mln to US$540 Mln for Q4
Express News | Hua Hong Semiconductor Q3 Gross Margin 12.2%
HUA HONG SEMI: Hua Hong Semiconductor Limited Reports 2024 Third Quarter Results
HK stocks are active | Chip stocks are rapidly rising, the outcome of the US election is settled, the demand for autonomous and controllable semiconductors will be further enhanced.
Chip stocks rose rapidly. As of the time of publication, ce huada tech (00085) rose by 5.07%, closing at 1.45 Hong Kong dollars; semiconductor manufacturing international corporation (00981) rose by 4.09%, closing at 28 Hong Kong dollars; shanghai fudan (01385) rose by 4.84%, closing at 17.32 Hong Kong dollars; hua hong semi(01347) rose by 2.67%, closing at 23.05 Hong Kong dollars.
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