Hua Hong Semiconductor (688347) share price in focus before Shanghai open as Feb 10-12 votes loom

Hua Hong Semiconductor (688347) share price in focus before Shanghai open as Feb 10-12 votes loom

Shanghai, Feb 2, 2026, 08:31 (GMT+8) — Premarket

Hua Hong Semiconductor’s Class A shares, listed in Shanghai, are poised to resume trading Monday. They closed the previous session at 155.10 yuan, marking a 0.38% increase. (Investing)

This week is key as investors focus on two dates: a shareholder vote on a share-issuance plan and the board’s review of fourth-quarter results. Either event could reshape the near-term outlook for a stock that’s been influenced as much by event risk as by demand chatter.

Hong Kong Exchanges and Clearing Limited announced its board will convene on Feb. 12 at 10:00 a.m. to review and approve unaudited Q4 results for the period ending Dec. 31. The notice was signed by chairman and president Peng Bai.

The company also announced in a separate filing that it will release its fourth-quarter results after the close on Feb. 12, followed by an investor briefing from 5:00 p.m. to 6:00 p.m. via web and phone.

Shareholders will gather on Feb. 10 to vote on a plan to issue renminbi-denominated shares aimed at acquiring “target assets” and raising supporting funds, along with other proposals. The agenda features a “whitewash waiver,” a Hong Kong takeovers-rule provision that can exempt a mandatory offer obligation if control shifts via a share issuance.

Foundry shares worldwide have slipped amid concerns about capacity and supply chain issues. Nvidia CEO Jensen Huang emphasized his high wafer demand this year, urging Taiwan Semiconductor Manufacturing Co to ramp up production. This highlights ongoing tightness in parts of the supply chain. (Reuters)

Investors eye Hua Hong’s results mainly for updates on utilisation rates, pricing, and product mix, plus any hints on funding requirements linked to upcoming deals. Reuters describes the company as providing wafer foundry services in specialty areas like power devices, analog and power management, and RF. (Reuters)

Risks remain evident. The Feb. 10 resolutions and the broader deal still need approvals and must meet conditions, so any hold-up could shift key deadlines. On earnings, the downside is straightforward: weaker demand or margin numbers might quickly sour sentiment, especially if rivals like Semiconductor Manufacturing International Corp follow a different path.

Key catalysts are coming up fast. Monday’s open will set the tone after the weekend, with eyes quickly shifting to the shareholder meeting on Feb. 10 and the board meeting on Feb. 12, which includes a results release after the close and an investor briefing.

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