Hua Hong Semiconductor Stock Forum

$HUA HONG SEMI (01347.HK)$
Analysis of Hua Hong Semiconductor's Q4 2024 Earnings Report
Key Financial Performance
Revenue: $539.2M (+18.4% YoY, +2.4% QoQ)
Gross Margin: 11.4% (+7.4 percentage points YoY, -0.8 percentage points QoQ)
Net Loss: $25.2M, compared to a net profit of $35.4M in Q4 2023 and $44.8M in Q3 2024.
Earnings Per Share (EPS): -$0.015, down from $0.021 in Q4 2023.
Cash & Equivalents: $4.46B, down from $5.77B in Q3 2024.
Financial Trends & Challenges
1. Revenue Growth Amid Ma...

$HUA HONG SEMI (01347.HK)$ spreadsbetween smic and HH has widened to an unbelievable 7HKD! HH has more relative values than smic!

$HUA HONG SEMI (01347.HK)$ laggards. it should be no more than 3hkd from SMIC! loads of values in this counter but beware of valuation and liquidity.

Hong Kong stocks opened higher significantly in the morning session. $Hang Seng Index (800000.HK)$ opened 205 points or 1.2% higher at 17,097. $Hang Seng China Enterprises Index (800100.HK)$ opened 77 points or 1.3% higher at 6,018.  $Hang Seng TECH Index (800700.HK)$ opened 70 points or 2.1% higher at 3,436.
The 2Q24 net profit of chip stocks $SMIC (00981.HK)$ / $HUA HONG SEMI (01347.HK)$ fell 59%/ 91%+ YoY, and their share prices mounted 7.3%/ 2.7%. HUA HONG SEMI decreas...

$BABA-W (09988.HK)$ reduced its stake in $NETEASE MUSIC (09899.HK)$ by 3.9 million shares for over RMB350 million. $Alibaba (BABA.US)$ opened rising 1.2% at $74. Mobile phone parts stock $Q TECH (01478.HK)$ expects 1H24 consolidated profit to rocket up to 5x YoY, and its shares opened surging 6.7% at $4.29.
For other tech stocks, $TENCENT (00700.HK)$ opened 0.5% higher at $379.4, while $MEITUAN-W (03690.HK)$ , $XIAOMI-W (01810.HK)$ , $JD-SW (09618.HK)$ and $BIDU-SW (09888.HK)$ opened 0....

Hong Kong stocks opened down in the morning. $Hang Seng Index (800000.HK)$ opened lower by 143 points or 0.8% at 17,946, $Hang Seng China Enterprises Index (800100.HK)$ opened lower by 50 points or 0.8% at 6,426, and $Hang Seng TECH Index (800700.HK)$ opened lower by 23 points or 0.6% at 3,666.
China's $SSE Composite Index (800146.HK)$ drops 0.66%, $CSI 300 Index (800122.HK)$ is down 0.7%.
$Amazon (AMZN.US)$ will launch a Temu-like store that ships directly from China. E-commerce s...

$Hang Seng Index (800000.HK)$ opened lower by 138 pts or 0.88% at 17,934. $Hang Seng China Enterprises Index (800100.HK)$ opened lower by 46 pts or 0.7% at 6,417. $Hang Seng TECH Index (800700.HK)$ opened lower by 15 pts or 0.4% at 3,639.
$MEITUAN-W (03690.HK)$ declined to comment on the news of its proposed bond issuance of more than US$1 billion.  $MEITUAN-W (03690.HK)$ fell 1.5% at $115. In June, 104 domestic games were approved in China, including $TENCENT (00700.HK)$ "Kingdom ...

It is reported that Canada may follow the US and the EU to impose tariffs on Chinese electric vehicles. EV stocks $BYD COMPANY (01211.HK)$ and $LI AUTO-W (02015.HK)$ opened 0.3% and 1.3% lower. $NVIDIA (NVDA.US)$ 's share price receded, and chip stocks $SMIC (00981.HK)$ and $HUA HONG SEMI (01347.HK)$ opened falling 1% and 1.6%, while chip equipment stock  $ASMPT (00522.HK)$  opened declining 2.4%.  
China Evergrande Vehicle $EVERG VEHICLE (00708.HK)$ jumps over 40% in Hong Kong on...