Hua Hong Semiconductor (1347.HK) Jumps as Chip Stocks Rally
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HUA HONG SEMI (1347.HK) current price is 115.800, up 7.12% for the day, with intraday gains ranking among the top, and a market capitalization of 204 billion. The company focuses on semiconductor manufacturing, driven by the overall rebound in the chip sector. Despite the backdrop of the U.S. supply chain restrictions, Morgan Stanley remains optimistic and maintains a market-perform rating. The demand for domestic AI chips is rising, leading to continuous growth in the performance of related companies and an increase in market enthusiasm
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