UOB Kay Hian names CNY 89.50 fair value for Foxconn Industrial Internet stock
Published on 10/01/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUOB Kay Hian named a CNY 89.50 fair value for Foxconn Industrial Internet stock on September 7, 2026, according to Börse Global. The analyst view followed first-half earnings that showed net profit attributable to shareholders rising 95.99 percent year over year to CNY 23.74 billion.
Buyback reaches CNY 1.00 billion
Foxconn Industrial Internet completed its repurchase plan on September 19, 2026, buying 15,833,353 shares for CNY 1.00 billion, or 0.08 percent of the share capital, MarketScreener reported on September 18, 2026. The completed program adds a capital-return element to a company story increasingly tied to artificial intelligence infrastructure.
The buyback was smaller than the CNY 2.00 billion maximum announced in July, but the completed purchase gives investors a concrete measure of management's capital allocation during the current expansion cycle.
AI servers drive first-half growth
According to IT Boltwise on September 30, 2026, first-half 2026 revenue reached CNY 557.86 billion, up 54.63 percent from the prior-year period. Cloud-computing revenue increased 75.70 percent, while AI-server revenue for cloud providers climbed 230.00 percent.
The quarterly figures show the same acceleration. Second-quarter 2026 net profit attributable to shareholders was CNY 13.15 billion, up 91.00 percent year over year and 24.10 percent from the first quarter, according to Futubull on September 5, 2026. That mix of revenue growth and sequential profit expansion explains why analyst attention has centered on AI server execution rather than the buyback alone.
Shanghai listing and valuation context
Foxconn Industrial Internet was last quoted at CNY 58.20 on the Shanghai Stock Exchange on September 30, 2026 at 3:00 p.m. CST. Its 52-week range was CNY 47.35 to CNY 84.95, while market capitalization stood at CNY 1,154.9 billion on the same date.
That quote places the CNY 89.50 fair value named by UOB Kay Hian above the latest Shanghai price, while the share remains below its 52-week high. The relevant counterweights include component-price volatility, customer concentration and geopolitical disruption, risks identified in the cited analyst commentary.
Foxconn Industrial Internet stock facts
- Company: Foxconn Industrial Internet Co., Ltd.
- ISIN: CNE1000031P3
- Ticker: 601138.SS
- Primary exchange: Shanghai Stock Exchange
- Market capitalization: CNY 1,154.9 billion (as of September 30, 2026)
- 52-week range: CNY 47.35-CNY 84.95 (as of September 30, 2026)
- Sector / Industry: Communications and Networking
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