HSI1 27,032.54 -233.84 238.71B
HSCEI1 9,175.18 -93.00 90.89B
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CLSA Initiates Coverage on TIANYU SEMI w/ Rating Outperform & TP HKD70
2026-02-12 15:49:59
TIANYU SEMI (02658.HK) is benefiting from the increased adoption of silicon carbide (SiC) epitaxial wafers in high-power and high-voltage applications, CLSA commented in its research report.

The global power semiconductor market for silicon carbide epitaxial wafers is projected to have a CAGR of 40.5% from 2025 to 2029, with the total addressable market expected to reach USD16 billion.

CLSA has initiated coverage on TIANYU SEMI with a target price of HKD70 and an Outperform rating.
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