Reported 7 months ago
Taiwan's stock market has recently been hitting new highs, with Cathay Financial Holding's General Manager Lee Chang-keng expressing concerns about the high stock prices and increasing price-to-earnings ratios. While the utilization of AI is expected to drive business opportunities in the future, if profits fail to keep up in the short term, market volatility may occur. The structure of the stock markets in Taiwan and the U.S. seems very similar currently, focusing on a few stocks, mainly related to AI. Investment caution is advised regarding profits versus expectations in the AI industry.
Source: YAHOO