The analyst rating for HUA HONG SEMI (01347.HK) was upgraded to "Buy" by Daiwa, with the target price raised to HKD 110. The upgrade is likely based on the company's strong performance, as indicated by a significant year-to-date price increase of +247.6%, suggesting robust growth and positive market sentiment. Additionally, the short selling ratio of 5.986% and relatively low short selling amount of $63.53M may indicate that the stock is not heavily shorted, which can be a positive sign for potential investors.