Report
EUR 55.04 For Business Accounts Only

Rising headwinds, despite in-line results - 2317 TT; HOLD-OPF

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We maintain our neutral view on Hon Hai due to several headwinds, even though the stock may see a short-term rebound after a recent correction.

Underlying
Hon Hai Precision Industry Co. Ltd.

Hon Hai Precision Industry is engaged in manufacturing, processing and selling of connectors, cable, enclosures, wired and wireless communication products, optics products, power supply modules, and assemblies for use in the information technology, communications, automotive equipment, precision molding, automobile, and consumer electronics industries. Co.'s products include input and output connectors, integrated circuit (IC) cables, memory IC connectors, system connectors, network terminals, scanners, keyboards, monitors, mouse, network integrated connection cables, digital network optical connectors, filtering connectors, electrostatic prevention connectors, and high frequency connectors.

Provider
Yuanta
Yuanta

​Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.

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