Streetbeat News

HHUSF

Hua Hong Semiconductor Limited

http://www.huahonggrace.com/

Industry

Semiconductor and Related Device Manufacturing

Open

2.70

Mkt cap

4.1B

Volume

3.6K

High

2.70

P/E Ratio

90.00

52-wk high

3.43

Low

2.70

Div yield

0.01

52-wk low

1.89

China mandates leading telecom operators to eliminate foreign semiconductors by 2027, impacting Intel and AMD, which derive significant revenues from China. Despite potential revenue loss, KraneShares CIO Brendan Ahern views the impact on Intel and AMD as limited, citing the directive's focus on government procurement. Ahern suggests the KraneShares CICC China 5G and Semiconductor Index ETF (KFVG) and stocks like Hua Hong Semiconductor (HHUSF), Intchains Group (ICG), and ACM Research (ACMR) as potential investment opportunities amid China's push for semiconductor self-sufficiency.

Portfolio Pulse from Surbhi Jain

April 18, 2024 | 3:12 pm

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