Reported about 1 year ago
On June 13, 2024, Hon Hai (2317) broke the 190 yuan mark, hitting a 16-year high since the first quarter of this year. Experts speculate on the possibility of surpassing 200 yuan, with National Trust Financial's analyst Cai Minghan stating a high chance for further growth. The company is benefitting from the AI trend with increasing demands for servers and edge AI products like smartphones and PCs, suggesting a promising future. Cai suggests investors hold onto their shares or strategically enter the market in batches, considering the recent price fluctuations and the ongoing AI boom.
Source: YAHOO