Reported about 1 year ago
Hon Hai founder Terry Gou once stated at the 2016 shareholders meeting that he would not retire unless Hon Hai's stock price reached 200 Yuan. Finally, on June 17, Hon Hai's closing price reached 200 Yuan, marking a 16-year high and a market value exceeding 2.77 trillion Yuan. Netizens congratulated Chairman Guo on his retirement and expressed hope for Hon Hai's stock price to reach '300 Yuan'. This achievement comes after Terry Gou stepped down due to personal reasons last year, having handed over the chairmanship to Liu Yangwei. Hon Hai's stock price rise can be attributed to its role as the biggest supplier of NVIDIA's GB200 chips and has nearly doubled in value over the past three months, approaching the milestone set by TSMC.
Source: YAHOO