JPHUAHO@EC2605C

Chinese Government Supports Domestic Chipmakers in Expanding Advanced Chip Production

CMBI Raises Target Price for Huahong Semiconductor to HKD120

Guohai Securities Maintains Buy Rating for Huahong Semiconductor

Guohai Securities Sees Strong Growth Prospects for Huahong Semiconductor

DBS Research Raises Semiconductor Company Huahong H Shares Target Price to HKD 88.00

Goldman Sachs Analyst Maintains Buy Rating for Huahong Semiconductor

UBS Raises 2026 EPS Forecast for Huahong Semiconductor

Huahong Semiconductor's Revenue and Margin Growth Driven by Price Increases and Expansion

CLSA Raises Target Price for Huahong Semiconductor to 129.5 HKD

CLSA Maintains Buy Rating on Huahong Semiconductor with a Target Price of HKD 50.50

Nomura Reiterates Hold Rating on Huahong Semiconductor with a Target Price of HKD 100

Huahong Semiconductor Executives Say AI-Driven Storage Price Increases Have Negative Impact on Consumer Electronics Market

BOA Securities Analyzes Huahong Semiconductor's Performance, Predicts Resumption of Dividend Payments in 2026

HUA HONG SEMI released FY2025 earnings on February 12 Pre-Market (BJT), actual revenue HKD 18.73 B (forecast HKD 18.75 B), actual EPS HKD 0.2475 (forecast HKD 0.3215)

HUA HONG SEMI released FY2025 Q4 earnings on February 12 Pre-Market (BJT), actual revenue HKD 5.134 B (forecast HKD 5.172 B), actual EPS HKD 0.0777 (forecast HKD 0.1783)

HuaHong Semiconductor Obtains Shareholders' Approval for Acquisition and Financing Plans

Goldman Sachs Raises Earnings Forecast and Reiterates Buy Rating for Huahong Semiconductor

Huahong Semiconductor Issues New Shares to Acquire Target Company Shares

Huahong Semiconductor to Hold Extraordinary General Meeting for Shareholders' Approval on Acquisition and Share Issuance

BlackRock Increases Holdings in Huahong Semiconductor to 5.10%

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With the support of the Chinese government, top chip manufacturers such as SMIC and Hua Hong Semiconductor are striving to double the production of advanced semiconductors to meet the demand for artificial intelligence. The goal is to increase the production of 7-nanometer and 5-nanometer chips from less than 20,000 to 100,000 within one to two years, and to plan for an additional increase of 500,000 chips by 2030. However, U.S. export controls may affect the realization of this production increase target

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China aims to double advanced chip production capacity, with SMIC and Hua Hong leading the way to meet AI computing demands

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36Kr learned that the Hang Seng TECH Index's intraday increase expanded to 1%, XPeng rose over 3%, and HUA HONG SEMI rose by 2%

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The Hang Seng TECH Index intraday increase expanded to 1%

Hua Hong Semiconductor (SEHK:1347) reported a return to profitability in Q4 2025 and provided revenue guidance for Q1 2026, leading to a 4.51% share price increase in one day and a 37.91% rise over 90 days. Despite a 137.39% total shareholder return over the past year, analysts consider the stock overvalued at HK$98.4, with a fair value estimate of HK$75.92. Analysts have raised their price target by HK$2, citing stronger revenue growth from AI applications, though profit margins may face pressure. Investors are encouraged to assess the stock's valuation and risks.

Simplywall

A Look At Hua Hong Semiconductor (SEHK:1347) Valuation After Q4 Profit Return And New Revenue Guidance

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KNOWLEDGE ATLAS(02513) rose 42.72%, with a trading turnover 3.2 Billion HKD, and a year-to-date rose 523.9%. MINIMAX-WP(00100) rose 14.52%, with a trading turnover 3.5 Billion HKD, and a year-to-date rose 487.9%. JD HEALTH(06618) fell 6.27%, with a trading turnover 341.2 Million HKD, and a year-to-date rose 2.4%. BIDU-SW(09888) fell 6.25%, with a trading turnover 2.5 Billion HKD, and a year-to-date fell 1.9%.

- The Hang Seng Index fell by 1.1%, with a year-to-date increase of 3.1%, while the Hang Seng Tech Index decreased by 2.91% and is down 5.5% year-to-date.  
- Notable stocks include Zhizhi (02513), which rose by 42.72% with a turnover of 3.24 billion HKD, and MINIMAX-WP (00100), which gained 14.52% with a turnover of 3.53 billion HKD.  
- Conversely, JD Health (06618) and Baidu-SW (09888) declined by 6.27% and 6.25%, respectively, with year-to-date performances of 2.4% and -1.9%.

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CMB International raised the target price of HUA HONG SEMI to 80 yuan, maintaining a "Hold" rating. Although HUA HONG's product mix and scale continue to improve, with fourth-quarter revenue increasing by 22.4% year-on-year, setting a quarterly record, net profit decreased by 53.4% quarter-on-quarter due to rising labor costs. Full-year revenue for 2025 is expected to grow by 20% to 2.4 billion USD, with gross margin in line with expectations. Management expects first-quarter revenue for 2026 to be between 650 million and 660 million USD

CITIC International raised the target price of Hua Hong Semiconductor to 80 yuan, with a high valuation rating of "Hold."

DBS Group raised the target price of Hua Hong Semiconductor to 88 yuan, maintaining a "Hold" rating. Hua Hong's revenue reached a record high in the fourth quarter of last year, increasing by 22.4% year-on-year to 660 million USD, benefiting from the recovery of domestic demand and the increase in AI application demand. It is expected that U.S. export controls will accelerate the improvement of China's integrated circuit self-sufficiency rate, rising from 18.3% in 2022 to approximately 26.6% by 2027

DBS Bank raised Hua Hong's target price to 88 yuan and maintained a "Hold" rating

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Hong Kong's semiconductor sector experienced a downturn as several key stocks saw significant declines. According to Jin10, TianShu Intelligenceand HongGuang Semiconductorboth fell over 5%, while Hua Hong Semiconductordropped 4.8%. Additionally, NaXin Microelectronicsand Semiconductor Manufacturing International Corporationdecreased by more than 2%. The market sentiment reflects broader concerns impacting the semiconductor industry.

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HG SEMI

STOCKS | Hong Kong Semiconductor Stocks Decline Amid Market Weakness

Goldman Sachs analyst Allen Chang has maintained a Buy rating on Hua Hong Semiconductor Ltd. (1347) as of February 13, with a price target of HK$134.00. The stock closed at HK$98.75. Chang, a 4-star analyst, has an average return of 15.0% and a success rate of 55.38%. The consensus for Hua Hong Semiconductor Ltd. is a Moderate Buy, with a price target consensus of HK$102.32.

Tip Ranks

New Buy Rating for Hua Hong Semiconductor Ltd. (1347), the Technology Giant

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Huatai Securities released a research report, pointing out that Hua Hong Semiconductor is entering a fast growth lane due to price increases and capacity expansion. It is expected that sales revenue will reach USD 659.9 million in the fourth quarter of 2025, a year-on-year increase of 22.4%. The gross profit margin is 13%, in line with guidance. The sales revenue guidance for the first quarter of 2026 remains at USD 650 million to USD 660 million, with a gross profit margin between 13% and 15%. The firm raised the target price slightly from HKD 120 to HKD 121, maintaining a "Buy" rating

Guotai CSI Semiconductor Material Equipment Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Huatai Securities: HUA HONG's price increase and capacity expansion drive growth into the fast lane, target price slightly raised to 121 yuan

Tony Zhang from CLSA has maintained a Buy rating on Hua Hong Semiconductor Ltd. (HKEX: 1347) with a price target of HK$50.50, while the shares closed at HK$44.00. Nomura's Aaron Jeng also issued a Buy recommendation today. In contrast, Citi maintained a Hold rating yesterday. Zhang has an average return of 0.1% and a 50.70% success rate on his stock recommendations.

Hua Hong Semiconductor Ltd. (1347): New Buy Recommendation for This Technology Giant

Bank of China analyst maintained a Buy rating on Hua Hong Semiconductor Ltd. yesterday and set a price target of HK$116.50.Valentine's Day Sale - 70% OffUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hua Hong Semiconductor Ltd. with a HK$106.28 average price target.

Bank of China Remains a Buy on Hua Hong Semiconductor Ltd. (1347)

Nomura has reaffirmed a Hold rating on Hua Hong Semiconductor Ltd. (1347) as of February 12, setting a price target of HK$100.00, with shares closing at HK$99.55. The analyst consensus suggests a Strong Buy rating with an average price target of HK$106.80, indicating a potential upside of 7.28%. Jefferies also maintains a Hold rating with a price target of HK$91.00.

Nomura Reaffirms Their Hold Rating on Hua Hong Semiconductor Ltd. (1347)

Today’s CPI coming in below expectations definitely helps the liquidity narrative. Softer inflation reduces pressure on yields and gives the market room to price in a more dovish path. That’s supportive for risk assets, especially long-duration tech. That said, one print doesn’t make a full pivot. Markets usually need a trend of cooling data before calling it a true liquidity turn. It’s a positive start, but confirmation still matters.

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JPHUAHO@EC2605C(25012.HK)

China aims to double advanced chip production capacity, with SMIC and Hua Hong leading the way to meet AI computing demands

The Hang Seng TECH Index intraday increase expanded to 1%

A Look At Hua Hong Semiconductor (SEHK:1347) Valuation After Q4 Profit Return And New Revenue Guidance

Top 5 HK Stock Gainers/Losers (>100B) (2.20)

CITIC International raised the target price of Hua Hong Semiconductor to 80 yuan, with a high valuation rating of "Hold."