Reported 7 months ago
On June 11, 2024, Taiwan's stock market saw Taiwan Semiconductor Manufacturing Company (2330) reaching a new high while Formosa Plastics (1301) and Formosa Chemicals (1326) experienced significant price drops. Despite this, the number of shareholders in the Formosa Group has been increasing, showing continued investor confidence. Xie Jinhe explained that Formosa Plastics and Formosa Chemicals underwent drastic price declines in recent years, leading to new shareholder records. Xie also discussed how the Formosa Group is facing challenges amid global trade dynamics, emphasizing the need for transformation and adaptation.
Source: YAHOO