Morgan Stanley released a research report stating that it raised the target price of Huahong Semiconductor by 8% from HK$15.8 to HK$17, raised the 2024-2025 earnings forecast per share, and introduced a 2026 forecast to maintain the “in sync with the market” rating. With its flexible pricing policy, Huahong still poses a threat to other mature foundries. Currently, the company's production capacity is full, so if demand picks up, its pricing is likely to be more stable.
大摩：维持华虹半导体“与大市同步”评级 目标价升至17港元
Damo: Maintaining Huahong Semiconductor's “In sync with the market” rating, the target price was raised to HK$17
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