SEHK:1347Semiconductor
Is the Rally in Hua Hong Shares Justified After China Semiconductor Expansion News?
Ever wondered if Hua Hong Semiconductor’s soaring share price really means the stock is a bargain, or if there’s more beneath the surface? Let’s break down what’s happening so you can decide for yourself.
After climbing a remarkable 261.8% in the past year, the stock has recently cooled off, slipping 7.0% over the last week and 15.8% over the past month. Year-to-date gains still stand at an impressive 259.2%.
Recent headlines have focused on China’s ongoing push for self-sufficiency in...