Reported about 1 year ago
Chen Feng-feng, General Manager of Citic Securities Investment Consulting, analyzed the market on June 30, 2024, at 4:10 pm: With Taiwan's stock market surpassing 23,000 points on June 28 and being one of the strongest indices globally, especially driven by tech giants like TSMC, Foxconn, and MediaTek, who are related to the AI supply chain and NVIDIA. The article emphasizes the importance of stable fundamentals, low inventory risks for tech stocks, and cautions against excessive leverage and potential market risks in the future, with upcoming events like the US Treasury issuing bonds in the third quarter and positive factors like the anticipation of Fed rate cuts and increased shipments in the AI supply chain in September. Investors are advised to focus on stable positions and avoid speculative investments.
Source: YAHOO