Reported about 1 year ago
Yuanta Investment Holding Chairman Chung Kuo-chung's market observation on June 20, 2024, expresses positivity towards the Taiwan stock market in June. With a significant rise of over 2,200 points and a 10% increase in the index, mainly driven by AI industries, institutional investors are engaged in year-end bookkeeping activities. Foreign net inflow of capital has reached record levels, boosting investor confidence. Focus on companies with strong revenues in AI, semiconductors, and other related sectors. Investors are advised to remain cautious as short-term market corrections are less likely, emphasizing stock purchases over short selling strategies.
Source: YAHOO