BARCLAYS: POTENTIAL DELAY OR FURTHER ESCALATION POSES UPSIDE RISKS TO THEIR $85/B BRENT FORECAST FOR 2026

AMERICAN AIRLINES: FROM MAY 18, ALL BASIC ECONOMY FLIERS CAN SELECT A SEAT FOR A FEE, WILL NOT BE ELIGIBLE FOR COMPLIMENTARY & SYSTEM-WIDE UPGRADES

Hua Hong Semiconductor has room to further raise average selling prices in 2026, according to Daiwa Securities analysts. They cite incremental demand for mature nodes driven by artificial intelligence and a broader recovery in legacy chip demand. Despite recent increases, ASPs remain about 20% below 2022 peaks, leaving room for further gains. The analysts also expect increased asset injections over the next three to four years following Hua Hong’s acquisition of Shanghai Huali Microelectronics. Daiwa keeps a “buy” rating and lifts its target price to HK$116 from HK$110.