You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行》星展升華虹(01347.HK)目標價至35元 本地化進程加快帶動情緒改善
阿思達克 07-14 12:33
星展發表研究報告指,受中國政府最新的3,440億人民幣大基金及私人投資產能增加的支持,中國的積體電路(IC)市場自給率將提升至2027年的26.6%。自美國去年進一步收緊出口管制,並於今年3月擴大實體名單,限制中國取得工具與晶片後,趨勢已加速發展。這些措施促使國內原始設備製造商和無晶圓廠設計商將更多28納米及以上的產能轉移到本地成熟代工廠。 報告提到,華虹半導體(01347.HK)的無錫新12英寸生產線已於去年底開始試產,並將於今年前將產能增加一倍,使公司可在週期轉變時滿足更強勁的本地化需求。該行預期晶圓產量將於今年底開始分階段擴充,以提供規模效益,並支持2026至2027財年的利潤率回升。 該行維持華虹半導體的「持有」評級,目標價由30元上調至35元。隨著本地化進程加快,市場對中國半導體的情緒正在改善。該行又預計,在產業整合大致完成前,價格戰緩和的可能性不大,料產品復甦或會滯後。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account