Reported 11 months ago
Taiwan Stock Exchange plans to launch a market value enhancement program, prompting group stocks like Formosa Plastics, Far Eastern Group, etc., which have lagged behind the market this year, to respond proactively. As the main tech companies such as TSMC and Foxconn have been driving the stock market's growth, with the highest market capitalization reaching 74.84 trillion NT dollars, the focus is shifting towards group stocks for the upcoming quarter-end accounting season. Among the 17 group stocks, including MediaTek and Nan Ya, are expected to lead the charge in this bullish trend, with potential benefits from the market value enhancement program and cross-holding optimization strategies.
Source: YAHOO