Reported about 1 year ago
Last week, Taiwan stocks led by heavyweight electronics stocks such as TSMC and Hon Hai Precision Industry hit a new historical high, with the Weighted Index reaching a new high. The electrical engineering group continued its uptrend, with major players performing well. In the short term, power grid projects benefitting Taiwan Power Company may continue to perform strongly, while long-term industry trends focus on AI semiconductors, GB200 supply chain, Apple concept stocks, and construction sectors. Among the stocks to watch are Shengde and Jingtang, which are among the companies poised for improved revenue. Shengde is expected to see a slight increase in revenue in the second quarter, with a potential rebound in profit margin, signaling a turnaround from losses to profits.
Source: YAHOO