Reported 7 months ago
The May revenue of listed companies was released on June 11, 2024, with the focus on large revenue companies, while international funds have been increasing selling pressure since June, resulting in a net sell-off of NT$57.76 billion. Among the top ten mega-enterprises in revenue, only three received small net purchases from foreign investors. Companies like Hon Hai, TSMC, Quanta, and others were in the top ten revenue earners. While only Hon Hai, Quanta, and D-Link received net purchases in June from foreign investors, the buying volume did not exceed ten thousand shares, reflecting a shift towards AI and cloud services demand driving revenue growth in companies like TSMC and Quanta.
Source: YAHOO