Reported about 1 year ago
Peng Weilin / Taipei reported on June 29, 2024, 4:10 p.m. Taiwan stocks ended the last trading day of the first half of the year on the 28th, with the weighted index closing at 23,032, holding above the 23,000 mark. Institutional investors evaluate that funds are shifting from the market leader TSMC (2330) to various sectors, indicating a healthy sector rotation, aiming to challenge the 24,000 mark in the second half of the year. The main contributors to the strong performance of the Taiwan stock market in the first half of the year were heavyweight stocks TSMC and Hon Hai, but now funds are moving into green energy, regenerative medicine, pharmaceuticals, and robotics. Sector rotation into AI and robotics is significant, with stocks like Solomon surging by 3.5 times in two months. Additionally, the hot weather and high electricity demand have boosted green energy companies like Clouded Leopard Energy. Experts recommend considering Clouded Leopard Energy as a leading indicator of this trend and suggest focusing on solar energy, wind energy, and other power generation stocks as the mainstream investment targets for the summer peak. The article also mentions specific stock picks and upcoming trends in sectors like cooling systems, AI server demand, and AI robots.
Source: YAHOO