Reported 8 months ago
Hon Hai (2317) opened at 200 yuan on June 19 and rose to 207 yuan during trading, marking a 4.28% increase and reaching a new 16-year high with a trading volume of over 60,000 shares. Following the achievement of founder Terry Gou's set '200 yuan retirement price' from 8 years ago, Hon Hai's stock price rebounded today and hit a new 16-year high. In May, Hon Hai's revenue was 550.2 billion yuan, up 7.68% monthly and 22.06% annually, hitting a record high for the same period in history. With their global layout in ICT products like phones, computers, servers, and wearables, every other product is manufactured by Hon Hai. NVIDIA CEO Jensen Huang recently named Hon Hai as a partner, aiming for the next trillion-yuan revenue product in AI servers, bolstering foreign investor confidence in Hon Hai's future operational performance.
Source: YAHOO