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Citi: Elevates Huahong Semiconductor's Rating to 'Buy', Shows Optimism Regarding Gross Margin Enhancement Trend
2025-11-07 /
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Author：小编
Citi reported that while Huahong Semiconductor's net profit for the third quarter of 2025 fell slightly short of market projections, its gross margin surpassed expectations. This positive outcome was attributed to enhanced capacity utilization rates and an uptick in the average selling price. In light of these developments, Citi has upgraded Huahong Semiconductor's stock rating to 'Buy' and substantially increased its target price by roughly 133%, setting it at HK$105.
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