Optical Company Makes Comeback with Bold Move to Invest in TSMC at over 1,000 NTD per Share

Reported about 1 year ago

Reported on July 9, 2024, the optical company Yucheng (6405) that suffered a significant loss of 89.8 million NTD two years ago for selling TSMC shares at 506 NTD each is now back in the game by purchasing 740 TSMC shares at a high price of 1,013.34 NTD each, totaling nearly 7.5 billion NTD in four months. This move to push TSMC stock above 1,000 NTD has stirred market discussions and surprised many due to the significant capital involved in the investment.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis