Reported about 1 year ago
Taiwan's stock market has been hitting new highs continuously, with a focus on the international rating agencies upgrading target prices of TSMC, Hon Hai, and MediaTek, the approaching peak period for institutional investors like mutual funds and life insurance companies, the upcoming third-quarter peak season, and the adjustment of AI stocks' price-to-earnings ratios. Market experts predict that Taiwan's stock market is poised to reach 23,000 points fueled by these developments.
Source: YAHOO