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Advanced Semiconductor Engineering, Inc. (ASX) [hlAlert]

Rating:
Overweight
ASX
up 14.38 %

Advanced Semiconductor Engineering, Inc. (ASX) rated Overweight by HSBC Securities

Posted on: Tuesday,  Sep 6, 2011  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Advanced Semiconductor Engineering, Inc. (NYSE: ASX) on 09/06/2011, when the stock price was $4.38.
Since then, Advanced Semiconductor Engineering, Inc. has gained 14.38% as of 01/12/2016's recent price of $5.01.
If you would have followed this HSBC Securities's recommendation on ASX, you would have gained 14.38% of your investment in 1589 days.

Advanced Semiconductor Engineering, Inc. (ASE Inc.) is a provider of semiconductor packaging and testing services. The Company?s services include semiconductor packaging, design and production of interconnect materials, front-end engineering testing, wafer probing and final testing services. The Company?s package types employ either leadframes or substrates as interconnect materials. The semiconductors, which the Company packages are used in a range of end use applications, including communications, consumer electronics, industrial, automotive and other applications. Its testing services include front-end engineering testing, which is performed during and following the initial circuit design stage of the semiconductor manufacturing process, wafer probe, final testing and other related semiconductor testing services. On May 14, 2008, the Company completed the acquisition of 100% of Weihai Aimhigh Electronic Co. Ltd., known as ASE Weihai Inc., from Aimhigh Global Corp. and TCC Steel.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/6/2011 8:25 AM Buy
None
4.38
as of 12/30/2011
1 Week down  -3.76 %
1 Month down  -3.55 %
3 Months up  2.84 %
1 YTD down  -0.91 %

(*) Stock Price at the time of the recommendation.
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