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085805

0.47000000 TWD
0.02
4.44%
Last update Jun 4, 10:42 AM CST
Market closed
Day range
0.44999999
0.47000000
Previous close
0.44999999
Open
0.44999999
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Hon Hai Precision Industry Co., Ltd. Warrant
0.47
0.02
4.44%

Overview

Description

Hon Hai Precision Industry Co., Ltd. Warrant, often associated with the parent company known as Foxconn, serves as a derivative instrument giving the holder the right to buy a set amount of common stock at a predetermined price before the expiration date. This warrant functions as a means for investors to gain indirect exposure to one of the world's largest electronics manufacturers, renowned for assembling products for major tech companies, including Apple. Operating predominantly in sectors like consumer electronics, communication components, and computer services, Hon Hai's extensive production network and innovative practices significantly impact global supply chains. The warrant adds a layer of flexibility to investors, allowing them to leverage positions in anticipation of Hon Hai Precision Industry's future market movements without the immediate obligation of purchasing the underlying stock. These financial tools play an essential role in advanced trading strategies, capitalizing on the potential growth and performance outcomes of the company while managing risk more effectively.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Taiwan
MIC code
XTAI
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