BP-AAC @EC2609B

LEOCH INT'L

STARGLORY HLDGS

INTELLIMARK W27

BEST FOOD HLDG

GAOYU FINANCE

EXTREME VISION

TIAN TU CAPITAL

HSC RESOURCES

EPI (HOLDINGS)

LAP KEI ENGRG

159546

159995

02018

FTXL

512480

561980

588170

159325

Moody's has upgraded AAC TECH's issuer rating to Baa2, with the outlook revised to stable. This rating upgrade reflects AAC TECH's diversification of revenue sources and customer base, as well as the enhancement of its core product portfolio, which supports revenue growth and margin improvement. At the same time, AAC TECH's prudent financial management, including a stable dividend policy and effective working capital management, also contributes to generating stable free cash flow and reducing leverage levels

AASTOCKS

Guotai CSI All Share Integrated Circuit ETF

ChinaAMC Guozheng Semiconductor Chip ETF

AAC TECH

First Trust Nasdaq Food & Semicon

E Fund CSI Semiconductor Material & Equipment Thematic ETF

Harvest CSI All Share Integrated Circuit ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

China Merchants CSI Semiconductor Industry ETF

Harvest SSE STAR Chip ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

China Southern CSI Semiconductor Industry Custom ETF

Moody's has upgraded AAC TECH's issuer rating to Baa2 and changed the outlook to stable

Goldman Sachs published a research report stating that AAC TECH's optical business in the second half of last year benefited from product mix upgrades and customer specification enhancements, driving the overall gross margin up to 23%. After considering AAC TECH's latest announced performance, the firm has lowered its earnings forecasts for 2026 and 2027 by 1% and 2% respectively, mainly reflecting a decline in revenue from the acoustic business due to a shift towards high-end products. The firm has reduced the company's target price from HKD 68.6 to HKD 62.5, maintaining a "Buy" rating

Goldman Sachs lowers the target price of AAC TECH to 62.5 yuan, maintaining a "Buy" rating

561600

The CICC research report pointed out that AAC TECH's performance in 2025 is in line with expectations, with revenue of RMB 31.817 billion, a year-on-year increase of 16%; net profit attributable to the parent company is RMB 2.512 billion, a year-on-year increase of 40%. It is expected that global smartphone demand will be under pressure in 2026, lowering the net profit attributable to the parent company for 2023 by 6% to RMB 2.684 billion, and reducing the target price by 23% to HKD 47, maintaining an "outperform industry" rating

Ping An CSI Consumer Electronic Theme ETF

CITIC Securities: AAC Tech's performance last year met expectations, but due to pressure on mobile phone demand, the target price has been lowered to 47 yuan

BYDDY

01810

002594

XIACY

002273

00285

Morgan Stanley lowered its global smartphone shipment forecast for 2026 by 15%, expecting significant downward pressure mainly due to rising memory costs. It recommends Xiaomi, AAC TECH, BYD ELECTRONIC, and Crystal-Optech. It is expected that smartphone OEM manufacturers will raise prices, which may lead to a shortage in Android smartphone demand. Apple's shipments are expected to decline by 2%, while Android shipments will decrease by 16%. At the same time, it lowered the target price for AAC TECH and BYD ELECTRONIC but maintained an overweight rating

BYD Company

XIAOMI-W

Xiaomi Corporation

Crystal-Optech

BYD ELECTRONIC

Morgan Stanley lowers global smartphone shipment forecast for this year by 15%

In a report released yesterday, from J.P. Morgan maintained a Buy rating on AAC Technologies Holdings, with a price target of HK$65.00.Claim 70% Off TipRanks PremiumUnlock 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 In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$61.00 price target.

Tip Ranks

J.P. Morgan Sticks to Its Buy Rating for AAC Technologies Holdings (AACAF)

Jefferies Downgrades AAC Technologies to Hold From Buy, Adjusts Price Target to HK$37 From HK$51

marketscreener

Jefferies Downgrades AAC Technologies to Hold From Buy, Adjusts Price Target to HK$37 From HK$51

Citi released a report stating that AAC TECH's performance in 2025 meets expectations, with net profit increasing by 40% to RMB 2.512 billion. It is expected that revenue growth in 2026 will not be lower than last year, with gross profit steadily improving. Due to the sluggish consumer electronics cycle, the target price-to-earnings ratio has been lowered to 18 times, and the target price has been reduced to HKD 50.4, but the "high conviction outperform the market" rating is maintained. The long-term growth outlook remains unchanged, driven by optical business and emerging technologies

In "The Big Banks," Citigroup: AAC TECH's performance last year met expectations, lowering the target price to 50.4 yuan

Citi lowered the target price for AAC TECH to 40 yuan due to lower-than-expected operating profit and net profit in the second half of last year. Management expects revenue growth of at least 16% this year, with gross margin remaining flat or increasing. Despite potential weaknesses in the smartphone market, Citi maintains a "Buy" rating on the company but has lowered net profit forecasts for this year and next by 17% and 10%, respectively

Citigroup cuts AAC TECH's target price to 40 yuan, management guidance indicates at least 16% revenue growth this year

Citi released a research report stating that AAC TECH's net profit in the second half of last year was RMB 1.636 billion, slightly below expectations by 2%. Revenue exceeded forecasts by 5%, but was 2% lower than market expectations. The gross margin was 23%, which is 1.1 and 1.3 percentage points lower than expected. Revenue from electromagnetic drive, precision structural components, in-vehicle acoustics, and sensor businesses exceeded expectations, but the optical business and the gross margin of some businesses did not meet expectations. The target price is 56 yuan, with a rating of "Buy."

"Big Banks" Citigroup: AAC TECH's net profit in the second half of last year slightly missed expectations

AAC TECH announced last year's performance, with a net profit of RMB 2.512 billion, an increase of 39.8% year-on-year. In the afternoon, the stock price rose by 3.11%, currently reported at HKD 34.46, with a trading volume of 4.3035 million shares. The group's revenue was RMB 31.817 billion, an increase of 16.4% year-on-year, with earnings per share of HKD 2.18, and a final dividend of HKD 0.35, with a dividend payout ratio of 15%

AAC TECH rose over 3% in the afternoon, with last year's net profit of HKD 2.512 billion, an annual increase of 39.8%

AAC Technologies Holdings reported strong 2025 results, with a 16.4% revenue increase to RMB 31.82 billion and a 39.8% rise in net profit. The company is transitioning from a traditional hardware supplier to a leader in AI-driven technologies, focusing on optics, automotive acoustics, and robotics. The latest analyst rating for AAC Technologies stock (HK:2018) is a Hold with a price target of HK$43.00. The company's market cap stands at HK$38.46 billion.

AAC Technologies Posts Strong 2025 Results as It Accelerates AI-Focused Transformation

Hong Kong stocks opened high and moved higher, with technology stocks and pharmaceutical stocks rising together. The technology index rose 2.35%, Tencent Music surged more than 15% after earnings, and Alibaba rose more than 4%.

BABA-WR

BABA-W

Alibaba HK SDR 5to1

Alibaba

Tencent

TENCENT

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Tencent Music

TME-SW

FI2 CSOP HSI

VIVA BIOTECH

JOINN

Asymchem

CHINA LIT

CANBRIDGE-B

MEITUAN

MEITUAN-WR

Meituan HK SDR 5to1

Meituan

XI2CSOPHSTECH

XIAOMI-WR

Xiaomi HK SDR 2to1

KUAISHOU-W

KUAISHOU-WR

FIT HON TENG

AB&B BIO-TECH-B

BEONE MEDICINES

BeOne Medicines

Beigene

BILIBILI-W

Bilibili

BIDU-SW

BIDU-SWR

Baidu

FL2 CSOP HSI

Q TECH

PHARMARON

Pharmaron

JD-SW

JD-SWR

JD HK SDR 10to1

JD.com

WEIMOB INC

XL2CSOPHSTECH

INNOVENT BIO

Hong Kong stock hot trading (8.13)｜ Hong Kong technology stocks fully exploded, Tencent hit a four-year high, Alibaba surged over 4%

SMIC/Huahong's impressive performance boosts chip stocks, Apple's $100 billion investment in risk aversion stimulates the supply chain, and the rebound in coal prices fuels energy stocks.

SMIC

Apple

CHINA SHENHUA

CSEC/China Shenhua

China Shenhua Energy

HUA HONG SEMI

Hua Hong

CE HUADA TECH

COWELL

Lens

CHINA COAL

China Coal Energy

ETHK LABS INC.

INNOSCIENCE

SHANGHAI FUDAN

FMSH

SMIC HK SDR 5to1

Hot Trades in Hong Kong Stocks (8.12)｜SMIC/Hua Hong's Q3 Guidance Exceeds Expectations, Apple Supply Chain Soars, Coal Shortage Boosts Stock Prices!

BP-AAC @EC2609B(27514.HK)

BP-AAC @EC2609B Stock Performance Chart

Moody's has upgraded AAC TECH's issuer rating to Baa2 and changed the outlook to stable

Goldman Sachs lowers the target price of AAC TECH to 62.5 yuan, maintaining a "Buy" rating

CITIC Securities: AAC Tech's performance last year met expectations, but due to pressure on mobile phone demand, the target price has been lowered to 47 yuan

Morgan Stanley lowers global smartphone shipment forecast for this year by 15%

J.P. Morgan Sticks to Its Buy Rating for AAC Technologies Holdings (AACAF)