Reported about 1 year ago
On July 6, 2024, the Taiwanese stock market officially entered 'July,' with the focus on whether it can sustain the strong momentum from the first half of the year. The weighted index broke through 23,500 points and is expected to potentially reach 24,000 points in the third quarter, or even challenge 25,000 points. There are uncertainties related to the Fed's interest rate cuts and the US presidential election that investors need to watch out for. Small and medium-sized stocks are expected to perform well, with sectors like memory, power amplifiers, automotive electronics, and optoelectronics showing strength. Market experts highlight various investment variables for the third quarter, including congressional reform bills, Fed rate cuts, US election results, and policy proposals.
Source: YAHOO
Reported about 1 year ago
Taiwan's stock market reached a new high driven by heavyweight stocks like TSMC and Foxconn, with analysts recommending investing in the strong-performing robotics and AI sectors. Companies like PixaBot and You-Do are highlighted for their promising prospects. PixaBot, the distributor of NACHI-FUJIKOSHI robots in Japan, is expected to excel, while You-Do gains market recognition for their integration of embedded solutions and AI, launching the latest industrial mainboard QCS051 featuring Qualcomm's advanced processor. Other companies like Fistronics, Kaco, and Ende benefit from various industries and are expected to see significant growth in the coming years.
Source: YAHOO
Reported about 1 year ago
Kaohsiung Bank (2836) reported a pre-tax profit of 117 million NT dollars and a post-tax net income of 96.43 million NT dollars in May, with cumulative pre-tax profit of 492 million NT dollars and post-tax net income of 334 million NT dollars from January to May, marking a 17.59% decrease compared to the previous year. The bank attributed its strong financial performance in the first quarter to the robust momentum in the financial market, with net operating income growing significantly to 978 million NT dollars, an 8.79% year-on-year increase. Kaohsiung Bank's stock price closed at 12.75 NT dollars on the 5th, up by 0.8 NT dollars from the previous week. Institutional investors collectively bought a net of 5,507 shares over the past five business days, led by foreign investors who bought 5,490 shares, marking seven consecutive days of net buying, while investment trusts bought 10 shares and proprietary traders bought 6 shares.
Source: YAHOO
Reported about 1 year ago
Silicon photonics and Co-Packaging Optics (CPO) have become some of the hottest stock market topics in recent years, with related stocks like EverShine seeing an 888% increase in prices, securing a place as soaring stocks. Leading the pack, TSMC has also seen its stock price double since 2023 due to the hype surrounding silicon photonics and CPO. However, despite the stock price surge, many companies in this sector have not seen a corresponding increase in profits, with several, like Genesys Logic and Lite-On Technology, reporting no profits in the first quarter of 2024.
Source: YAHOO
Reported about 1 year ago
6th July 2024, 4:10pm - The U.S. June non-farm payroll growth slowing down sparked mixed market interpretations, leading to varying views. Analyst Zhao Pengbo from Hengda Investment believes that the job increase of 150,000 in the latest non-farm data, well below the expected 163,000, has reinforced expectations for a Fed rate cut. The weekly stock selection includes Li Ming, Dehao, Jianwei, Shengtai, and Kaishuo. Li Ming, a plastic injection molding components factory backed by Lite-On, recently ventured into AI robots and high-precision plastic molding parts, with its stock price hitting new highs and potential for further growth. Dehao, mainly producing electronic-grade fiberglass cloth, saw significant institutional buying, bullish trends on multiple fronts, and a new short-term high. Jianwei, specializing in IC packaging molds and measuring instruments, observed a bullish crossover on monthly and quarterly charts while reaching new highs. Shengtai, engaged in phosphor copper ball manufacturing for PCB materials, showed upward momentum above monthly and quarterly lines. Kaishuo, a networking equipment manufacturer under New Kingboard Holdings, hit new highs for three months with modest volume expansion, indicating favorable future prospects.
Source: YAHOO
Reported about 1 year ago
Stuart Rae, Portfolio Manager of the Loomis Sayles Emerging Markets Value Stock Fund, stated on July 6, 2024, that while the Chinese market has been quiet in recent years, it still plays a crucial role in emerging markets. With around 25% weight in benchmark indices, this actually underestimates China's true weight, as A-shares only account for 20%. As mature economies control inflation, the situation in emerging markets varies, with China's inflation rate staying low due in part to limited economic stimulus during the pandemic. Other regions like Latin America are gradually seeing decreasing inflation rates. Overall, inflation in emerging markets is on a downward trend, and they are expected to outgrow mature markets in the coming years. Various investment themes beyond China are emerging, including nearshoring in Eastern Europe, large-scale transformation in Saudi Arabia supporting Chinese equipment suppliers, and the Asian tech sector offering opportunities in AI-related supply chain technologies. Despite higher risks, emerging markets present investment opportunities, making proactive research essential for investors to uncover value. Rather than focusing on countries or economies, investors should research individual companies to identify valuable investments like those in India. China appears relatively cheap currently, and investors are looking for potential turning points for more opportunities.
Source: YAHOO
Reported about 1 year ago
Taiwan's stock market witnesses a rise and fall as major players like TSMC reach historic highs while Nvidia's split and Apple's new innovations drive movements. Green energy companies also gain attention with Nvidia setting up a supercomputer in Taiwan, leading to substantial electricity demands met by companies like Yunpan Energy and renewable energy firms benefitting. Analysts like Gung Chi-pin excel in stock picks, showing notable gains, with upcoming events focusing on AI-related stocks like Kinpo.
Source: YAHOO
Reported about 1 year ago
On July 6, 2024, HeJing's (6182) stock price rose for the fifth consecutive day by 3.46% to NT$41.85 with a trading volume of 14,300 shares and a net buy of 7,389 shares by institutional investors. HeJing is optimistic about the growth of silicon wafers and has simultaneously increased production capacity in both Taiwan and Mainland, aiming to expand 12-inch wafer capacity to over 200,000 pieces per month in both regions between 2025-2026. The mature technology of HeJing's products, with a focus on AI and electric vehicle demands, utilizing various substrates such as GaN with silicon wafers, can achieve benefits of size reduction and energy consumption. HeJing has also established a new business unit specializing in SOI (Silicon on Insulator), a high-margin product that is already profitable.
Source: YAHOO
Reported about 1 year ago
Following the EU's announcement of imposing retaliatory tariffs on China's electric vehicle industry, European hydrogen equipment companies like Thyssenkrupp Nucera are now urging the EU to assist local companies in facing unfair competition from low-priced Chinese manufacturers. The EU aims to produce 10 million tons of renewable hydrogen by 2030 but faces challenges as China rapidly expands its hydrogen equipment production capacity, currently holding 40% of global electrolyzer capacity compared to 10% in 2023. European companies are seeking to establish 'Made in Europe' standards to protect local industries, with giants like Siemens Energy and NEL Hydrogen calling on the EU to strengthen scrutiny on Chinese subsidies and curb the impact of Chinese imports on local manufacturers.
Source: YAHOO
Reported about 1 year ago
Insurance companies are recommending investing in investment-type policies for the second half of the year, with options like variable interest rate insurance products available for traditional policies. Companies like TAISHIN Insurance suggest focusing on variable annuity insurance in investment-type policies. They advise selecting insurance products carefully based on individual needs, with options like TAISHIN Insurance's secure legacy variable life insurance having multiple features for long-term protection and asset accumulation. Various insurance companies emphasize the importance of considering both investment and protection needs when choosing investment-type policies, detailing different options like investment-linked funds for policy value accumulation. They also suggest evaluating past performance before deciding on investment targets, given the diverse range of investment options available in investment-type insurance policies.
Source: YAHOO
Reported about 1 year ago
As the second half of the year approaches, insurance companies are recommending people to consider real payment insurance, small-sum endowment insurance, and term life insurance for protection. Real payment insurance is useful but typically only renewable until ages 75-85, with no coverage after 85. To establish lifelong real payment protection, combining lifelong medical insurance with real payment hospitalization insurance can be a good choice. Housing market activity is high, and it's recommended to include mortgage life insurance when purchasing a house. Additionally, it's advised to use small-sum endowment or term life insurance to supplement basic protection based on budget and needs.
Source: YAHOO
Reported about 1 year ago
文／陶文2024年7月6日下午4:10事缓则圆，涉及家庭未来运势的重要事务最好先缓一缓。尤其购买房地产这方面尤为重要。财务运势理想，商务交易和营销值得加强，让财源滚滚。放下才能真正解脱，特别是家族内部事务。投资求财，急升调整，急跌接棒。幸运物品和颜色：瑪瑙与咖啡。幸运数字：1、9、4、3及其组合。
Source: YAHOO
Reported about 1 year ago
For Capricorns this week, caution in dealing with partnerships and individuals is crucial. Rushing might be the taboo for the week but also the most easily violated rule. Take your time to truly savor the taste, as slow and steady work reaps finer results in cooperation and marital affairs. In terms of investment and financial pursuits, adjusting profits and turning over in line with the situation is advised. Lucky items and colors: emerald and dark green. Lucky numbers: 1, 7, 4, 0, and combinations thereof. For more news, check out the Business Times report.
Source: YAHOO
Reported about 1 year ago
Combining with the July 4th Independence Day celebrations in the United States, Victoria Hotel has launched the summer limited-time 'American Premium Frenzy' project from July 1st to August 31st at N°168 PRIME Steakhouse in Dazhi Main Building. Guests can enjoy premium gourmet steaks and half Boston lobsters as the main course on the menu, along with exquisite appetizers, salads, soups, American classic 'Flaming Alaska' tableside dessert, and a complimentary 2-inch New York cheesecake for NT$3,888 +10%, limited to 10 sets per day. N°168 PRIME Steakhouse, recommended by Michelin for 6 consecutive years, is led by Executive Chef Jian Yu-feng and Steakhouse Chef Lin Xiang-kai, selecting top-grade gourmet steaks favored by guests, utilizing ribeye steak with evenly distributed marbling resembling marble-like texture, tender and succulent, offering a unique steak feast experience.
Source: YAHOO
Reported about 1 year ago
In an effort to address talent shortages and enhance industrial competitiveness, Taiwan is focusing on recruiting overseas talent as a key task of inter-agency collaboration. The National Development Council has announced plans to further relax regulations to attract foreign talent, particularly high-level individuals, by potentially allowing those with a master's degree or higher, advanced skills, and a certain income level to apply for permanent residency after just one year. This initiative has received support from the legislative branch, advocating for prioritizing overseas students in Taiwan for recruitment due to their familiarity with the culture and language, with amendments to relevant laws already in progress.
Source: YAHOO
Reported about 1 year ago
Huang Huiling/Taipei reported on July 6, 2024, at 4:10 pm, Huang Zhiyi, chairman of Taiwan Lottery. Huang Zhiyi, the newly appointed chairman of Taiwan Lottery, who previously served as the general manager for over ten years, continues to be a board member since retiring. He is knowledgeable in the lottery industry and despite only winning a maximum of 5,000 yuan, he enjoys the role of the 'god of wealth,' engaging in charity work and spreading positive energy. With the government's support and efforts of Taiwan Lottery, charity lottery sales have steadily grown. Huang Zhiyi has three expectations since becoming chairman: for Taiwan Lottery to develop steadily with government support, to enhance the charity effectiveness of lottery sales to increase revenue, and to assist distributors in stable development, improving their quality of life with the hope that these profitable vendors will also give back to society.
Source: YAHOO
Reported about 1 year ago
金寶（2312）股價在侯冠州2024年7月6日下午4:10持續走強，受惠於AI伺服器題材推動，股價開盤後跳漲停價21.65元，成交量逾5萬張。金寶總經理陳威昌表示，訂單能見度長，2024年營運表現預估不差。金寶生產伺服器，泰國生產L10與L12產品，墨西哥廠則為新客戶試產伺服器，進一步爭取新訂單。
Source: YAHOO
Reported about 1 year ago
The Kaohsiung Mass Rapid Transit Yellow Line Y15 Station joint development project, scheduled for bid collection until August 8, 2024, prioritizes establishing corporate headquarters and adopts a cross-departmental 'two-stage' evaluation. It is reported that two tech giants have obtained 'Yawan Letter of Recognition' from the Economic Development Bureau, qualifying for the evaluation. The project is amidst fierce competition, aiming to become a hub for high-tech corporations. Despite being categorized as 'special trade zone 2', the area may see the construction of 'employee living apartments' due to new urban planning regulations encouraging corporation headquarters establishments.
Source: YAHOO
Reported about 1 year ago
Industrial computer manufacturer Friendcore (2397) sees a rise in stock prices, following its investment in robotics company Roshine (8374) which has been performing well in the market. Friendcore's recent stock price surged by 18% and hit the daily limit. Despite a decrease in revenue, Friendcore's embedded business is growing due to the increasing importance of AI edge computing and remote management in various industries like smart transportation and healthcare, providing momentum for the company's growth.
Source: YAHOO
Reported about 1 year ago
土星逆行影響雙魚座，貴人磁場顯著，需擴展人脈；愛情運勢不佳，建議專注生活其他方面。投資方面操作度高，幸運物為蛋白石與鮮紅色，幸運數字為9、3、1、8。
Source: YAHOO
Reported about 1 year ago
On July 6, 2024, the UK Labour Party returned to power after 14 years, with party leader Keir Starmer becoming the Prime Minister and immediately forming his cabinet. The new cabinet includes 11 women, the highest number in history. Rachel Reeves was appointed as the first female Chancellor of the Exchequer. In addition, Angela Rayner was appointed Deputy Prime Minister, and Yvette Cooper became the Home Secretary. This shift to the left reflects the voters' desire for change amidst economic stagnation, with the Labour Party focusing on reform to achieve a landslide victory over the conservative party that had been in power for 14 years.
Source: YAHOO
Reported about 1 year ago
Guy Uding joined Nomura Asset Management as the Chief Investment Officer in January of this year, leading a team of over 50 investment managers. Before joining Nomura Asset Management, Uding was the co-founder and CIO of Axial Partners Limited in Hong Kong. With previous interactions with Nomura Asset Management from 2008 to 2013, Uding, impressed by Taiwan’s asset management industry, is focusing on expanding the team by recruiting young talents to ensure the long-term success of Nomura Asset Management's strong investment performance.
Source: YAHOO
Reported about 1 year ago
Scorpios are advised against traveling far this week, especially for official or business purposes, as changing the timing can enhance safety and bring expected results. Moving houses should be avoided if possible, but if necessary, it's recommended to proceed gradually. In terms of love, fortune favors you, and in investments and finances, sticking to the line and following discipline is crucial. Lucky charms and colors are amethyst and milky white, while lucky numbers include 7, 6, 1, 4 and their combinations.
Source: YAHOO
Reported about 1 year ago
Data compiled by the Commercial Times as of July 6, 2024, 4:10 PM: In the business sector, various companies experienced shifts like Neotech appointing a new spokesperson and executive, as well as resignations and appointments in roles such as internal audit directors, general managers, and board members across multiple companies like Yuen Kung, Jihong, Nan Chih-Chieh, and more. Similarly, financial institutions like Fubon Futures and Shin Kong Financial Holding also saw changes in leadership positions. These changes reflected a wide range of resignations, retirements, and new appointments in key positions.
Source: YAHOO
Reported about 1 year ago
According to reports from Taipei by Sun Binxun on July 6, 2024, due to the depreciation of the New Taiwan Dollar in June, it is anticipated that life insurance companies will actively realize capital gains on stocks, potentially leading to 14 financial holding companies earning over NT$320 billion in the first half of the year, with profit growth exceeding 50%. The performance of these companies in the first five months indicates a trend of double-digit profit growth across banking, life insurance, and securities sectors compared to the same period last year, with ten financial holding companies already earning over NT$10 billion after taxes.
Source: YAHOO