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BackFocus Stocks》Hon Hai: Hitting a 7-month low, buying into the market to buy the dip
Focus Stocks》Hon Hai: Hitting a 7-month low, buying into the market to buy the dip
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自由时报13 minutes agoBusiness2 min readChinaView original

Focus Stocks》Hon Hai: Hitting a 7-month low, buying into the market to buy the dip

The market plummeted by more than 3,000 points. Hon Hai opened at 212.5 yuan, a new seven-month low. Buyers entered the market to buy the bottom and temporarily closed at 217 yuan, a decrease of 7.66%.

Hon Hai2317Liu Yangwei

Quick Look

  • Hon Hai's stock price opened at 212.5 yuan today, a seven-month low.
  • The decline stopped and rebounded as buyers entered the market to hunt for the bottom.
  • As of 9:45 a.m., it was temporarily trading at 217 yuan, a decrease of 7.66%.

AI-generated summary

Why It Matters

The market plummeted by more than 3,000 points, and the market has recently focused on whether the AI industry is experiencing a bubble. Hon Hai Chairman Liu Yangwei pointed out last Friday (October 31) that the demand for the AI ​​industry is real and that supply is insufficient rather than a bubble.

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Hon Hai's stock price stopped falling and rebounded today as buyers entered the market to hunt for the bottom. (File photo)

[Reporter Fang Weijie/Report from Taipei] The market plummeted by more than 3,000 points. Hon Hai (2317) stock price opened at 212.5 yuan today, a new low in 7 months. The market is optimistic that the momentum of AI orders has not diminished, coupled with the iPhone Duo shipped shipments to boost revenue. Under the buying orders, the decline converged and rebounded. As of 9:45 a.m., it was temporarily trading at 217 yuan, a decrease of 7.66%, with a trading volume of 40,000 contracts.

The market has recently been paying attention to whether the AI ​​industry is experiencing a bubble. Hon Hai Chairman Liu Yangwei pointed out last Friday (October 31) that the stock market and industrial development are not the same. Taking the development of the Internet in the past as an example, although there was a bubble in the Internet stock market, the Internet industry itself did not disappear. Instead, many large companies were spawned. The AI ​​industry may also develop on a similar trajectory.

Liu Yangwei emphasized that the demand for the AI ​​industry is real and is quite large. The current situation faced by the supply chain is not simply a shortage of supply, but a demand far greater than the existing supply capacity. As AI applications gradually become more popular, AI may become an indispensable technology for enterprises like the Internet in the future. Therefore, from an industrial perspective, the idea of ​​an AI bubble is not valid.

What to Watch

AI outlook — possibilities, not facts

  • Hon Hai’s stock price may continue to be supported by buying and selling in the short term

    Possible · Within days

Open Questions

  • Will Hon Hai’s stock price continue to rebound in the future?
  • AI order specific amount and delivery schedule
  • The specific contribution ratio of iPhone Duo shipments to revenue

Related Topics

Hon Hai
PeopleLiu Yangwei
PlacesTaipei
Topics2317Liu YangweiAIiPhone Duobargain huntingstock price
This article was originally published by 自由时报.

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