焦点板块及个股 | 中芯国际;Palo Alto Networks;Central Pattana

中信证券财富管...
Jun 27, 2025

中芯国际 (981 HK; 44.5港元; 目标价: 65港元) 基本面明确向好,当前坚定看好近期行业景气度改善,补库存和国产导入力度加大,模拟芯片等下游订单旺盛, 有望驱动公司二季度业绩好于指引。公司一季度及二季度收入曾受到突发事件因素影响,但随着受事件影响的低良率晶圆在二季度陆续出货结束,以及公司持续推进工艺调整和良率提升,我们预期三季度前半部分起相关影响将消除, 下半年基本面有望持续向好,...

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