Taiwan's Hongshuo System Soars 96% in June and Becomes the Top GEM Stock

Reported 12 months ago

Reported on June 30, 2024, Hongshuo System (6895), a GEM-listed company in Taiwan and a manufacturer of high-power vacuum microwave tubes, experienced a significant surge of 96% in June, making it the top GEM stock for the month. Hongshuo System, which is a supplier for TSMC (2330) and has entered the national defense and military industry, saw its stock price rise explosively over the course of the month. The company, established in late 2002, primarily focuses on military-grade vacuum microwave tube products and has expanded into the semiconductor sector in recent years, contributing to its growing revenue share.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis