Reported about 1 year ago
Taiwan Semiconductor Manufacturing Company (TSMC) broke through NT$1,000 on July 4, leading to a 350-point surge in the Taiwan stock market. With AI applications flourishing, the semiconductor industry is entering a new cycle, and semiconductor ETFs are expected to benefit as well. TSMC's strong performance is attributed to high demand for its 3nm orders, driven by major clients like Apple and Nvidia. The outlook for TSMC's 3nm process and advanced packaging remains positive. As Taiwan's exports grow and the demand for tech products rises, opportunities in the semiconductor sector are promising, with ETFs likely to perform well in the future.
Source: YAHOO
Reported about 1 year ago
As of July 4, 2024, a 'dinosaur-level' heat wave has hit Taiwan, causing a 30% drop in customer visits to hot pot restaurants. In response, chains like 'This One Hot Pot,' 'Mala Hot Pot,' and 'Dagoba Hot Pot' have launched aggressive promotions to combat the heat and attract customers. Despite the traditional preference for hot pot year-round, summer still sees a 10%-15% decrease in customer visits to hot pot restaurants. Eateries are ramping up promotions due to the early arrival of the extreme heatwave this year, trying to offset the increase in electricity costs from heavy air conditioning use in the hot weather. Various discounts and deals, such as dressing in bikinis for a discount and discounts based on temperature, are being offered to lure customers and expand their base.
Source: YAHOO
Reported about 1 year ago
Cathay Financial Holdings' subsidiary is actively promoting energy transition. Cathay United Bank has developed various sustainable products, with a sustainable credit balance exceeding 60 billion by 2023, including over 30 billion in sustainable-linked loans, showing almost a 100% growth from 2022, with over half of them tied to carbon reduction indicators. They customize strategies for companies, collaborate with authorities for initiatives like green insurance, and provide financing solutions for ESG-focused businesses. Cathay Insurance has been supporting solar and wind power projects since 2010, issuing green insurance. Cathay Securities became the first brokerage approved by the Financial Supervisory Commission to engage in STO business, initiating Taiwan's first 'Sunshine Green Benefit Debt-based STO' to encourage renewable energy, carbon reduction, and plastics reduction. Cathay Asset Management introduced the CathayQE thematic quantification index focusing on ESG topics and established the Zero Carbon Island electronic dividend notification plan, saving an estimated 2.4 times the paper height of 101 skyscrapers throughout 2023.
Source: YAHOO
Reported about 1 year ago
The Economic Ministry's Energy Bureau held the 113th Energy Benchmarking Award series site visit on July 4, 2024. Chung Loong Steel Corporation, recipient of the Gold Award, shared energy-saving measures and experiences from their steel rolling plant on July 3, attracting hundreds of industry professionals. The event showcased energy-saving practices like intelligent furnace temperature control, process efficiency improvements, and smart logistics in coil storage areas. The ministry offers subsidies and resources to assist energy-saving initiatives and established an energy-saving service team for consultations and diagnostics.
Source: YAHOO
Reported about 1 year ago
On July 4, 2024, at 4:10 p.m., major glaze manufacturer Zhongyou (1809) saw a strong performance in its stock price, rising over 7% with increased trading volume. The demand for electric vehicles remains robust this year, and Zhongyou's automotive glass business is expected to further boost its operations. Market optimism surrounds Zhongyou's electronic technology elements, with sufficient momentum expected in the second half of the year. The company has shown improved profitability compared to the same period last year, with its mature auto lamp fluorescent glass business growing by 35% last year. Zhongyou is also exploring collaborations and developments in electronic fields such as CCL, glass substrates, and ceramic substrates, showcasing positive prospects for its operations.
Source: YAHOO
Reported about 1 year ago
Fortinet宣布發布《2024年OT與網路資安現況調查報告》，調查顯示企業組織的OT環境遭入侵頻率增加，31％組織表示遭入侵次數超過6次。儘管整體防護能量提升，組織仍面臨IT和OT環境保護挑戰。Fortinet強調台灣產業要提升OT環境防護能力，建議安全團隊發展IT和OT融合的安全營運，使用整合性安全管理平台抵禦威脅。為因應OT威脅，Fortinet將於7/11舉行OT工控資安高峰會，探討工控運營安全趨勢與應用。
Source: YAHOO
Reported about 1 year ago
According to a report released by a UN agency, China has submitted over 38,000 technical patent applications related to generative artificial intelligence (AI) from 2014 to 2023, surpassing the United States, which ranked second with 6,276 applications. Key applicants in this field include companies like ByteDance, Alibaba, and Microsoft, an investor in OpenAI. The report highlights the significant increase in generative AI patent applications, with over 50,000 filed from 2014 to 2023, suggesting a growing interest in this technology since its widespread adoption in late 2022. While China leads in the quantity of patents submitted, the quality and market value of these patents remain uncertain in the early stages of technological development.
Source: YAHOO
Reported about 1 year ago
For the first time, on July 4, 2024, insurers are required to set aside capital reserves for investing in government bonds. The FSC announced a new method for calculating the Risk-Based Capital (RBC) at the end of June, now requiring Russian bonds without ratings to be reclassified as Caa1 with a higher risk coefficient of 0.14, necessitating a capital provision of 14 billion out of 100 billion. Seven life insurers still hold Russian bonds, with concerns about the RBC values by the end of June. Notably, Nan Shan Life has the highest exposure at around 300 billion NT dollars, followed by Cathay Life at 200 billion NT dollars. The article also discusses the impact on insurers' RBC due to the fluctuation of the exchange rates and the concerns faced by companies like Shin Kong Life and New Life in meeting RBC requirements.
Source: YAHOO
Reported about 1 year ago
Memory module manufacturer Teamgroup (4967) reported a June revenue of 27.96 billion yuan, a 44.93% year-on-year increase, marking a historic high in monthly revenue. The strong performance was driven by B2B projects and the AI PC trend boosting PC and laptop demand, as well as the continuous growth in data center and server needs. The sales volume of Teamgroup's T-FORCE DDR5 product line has exceeded 50% of total DRAM sales, positioning the company well in the market for AI, gaming, and industrial control applications. Looking ahead, due to the rising demand in AI infrastructure and edge computing technology, memory manufacturers are expected to see continued price increases in the AI server and traditional server markets in the second half of 2024 and 2025. DDR4 prices are likely to remain stable while DDR5 prices may continue to slightly increase due to limited supply. The company showcased innovative AI technology and high-end gaming overclocking memory at the 2024 Taipei International Computer Show COMPUTEX, receiving positive feedback from media and customers. Teamgroup aims to expand its R&D efforts in AI and high-end product technologies to meet various challenges in the industry.
Source: YAHOO
Reported about 1 year ago
Taipei Report by Dai Ruiyao on July 4, 2024, at 4:10 PM. Cathay, Nanshan, Shin Kong, Fubon, and Sampo Life Insurance have all announced bond issuances this year, with the total issuance reaching 208 billion yuan, a new record breaking the 200 billion yuan mark in history. Companies are seeking funds as the life insurance industry continues to compete for capital until 2026, with Fubon Life increasing its bond issuance quota by 500 billion yuan, reaching its highest annual issuance of 750 billion yuan. Major life insurers are turning to overseas bond issuance for larger funds, surpassing last year's annual total of 111 billion yuan with over 2 trillion yuan in bond issuances from six companies this year.
Source: YAHOO
Reported about 1 year ago
Amid TSMC becoming the focal point on July 4th, market analysts predict a focus on TSMC-related themes including TSMC's supply chain, Apple concept stocks, and more in the third quarter. With rapid sector rotation, investors are advised to consider investing in five key ETFs related to favorable themes, including TSMC's supply chain ETF, high volume ETFs, Apple concept stock ETFs, Nvidia-related ETFs, and US presidential election concept ETFs. Various ETFs with high holdings in these sectors are highlighted for potential investment opportunities and positive outlooks.
Source: YAHOO
Reported about 1 year ago
TSMC's stock price broke the thousand mark, reaching NT$1,005 on July 4, 2024. Being the largest weighting stock in Taiwan's stock market, TSMC has become the 'thousand mark treasure.' Foreign securities firms have played a crucial role in this milestone, as several of them have set thousand-level price targets which are almost achieved. The focus is now on the upcoming investor conference on the 18th, where the company's Q3 revenue, annual outlook, semiconductor industry prospects, and potential 2025 capital expenditure expectations will be discussed. Foreign investors are closely monitoring these indicators for a possible further increase in target prices.
Source: YAHOO
Reported about 1 year ago
2024年7月4日，舉辦了「2024看見台灣AI元宇宙 未來已來」高峰會，探討AI光影藝術帶來的新美學，以及感官擴展虛擬現實的奇妙之旅等主題，分享科技與人文跨界交流的未來。活動透過YouTube直播，邀請民眾一同探索AI元宇宙與沉浸式光影藝術。
Source: YAHOO
Reported about 1 year ago
Authored by Jiang Weilin on July 4, 2024, at 4:10 pm, reputable developer Li Shin Institution, listed among the top ten builders in northern Taiwan, introduces the major project 'Zhu Zhouchi' in Zouchichiyang redevelopment area in Wu Gu District. The project offers luxury homes at reasonable prices, benefiting from the upcoming completion of the National Freeway No. 1 Wu Gu interchange, as well as the Five Tai Light Rail construction. Situated about 250 meters from F08 station, this prime location in the commercial core of the redevelopment area boasts premium retail establishments nearby. The article also mentions the positive market prospects and current popular amenities within the region.
Source: YAHOO
Reported about 1 year ago
Due to low yield rate of Huawei's Ascend chips, Chinese tech companies are now turning to purchasing NVIDIA's downgraded H20 chips in large quantities. This shift comes after production constraints and low yield rates of domestically produced chips. The interest in NVIDIA's H20 chips has increased among Chinese tech giants like Baidu, Alibaba, and Tencent, despite their lower AI capabilities compared to high-end chips. This change reflects challenges faced by Chinese tech firms in accessing advanced AI chips amidst export restrictions on advanced technology to China.
Source: YAHOO
Reported about 1 year ago
On July 4, 2024, the Japanese stock market broke the 40,000-point barrier and set new record highs with the combined efforts of domestic and foreign capital inflows, leading to 20 Japanese stock funds in Taiwan also reaching new net asset value highs. This resurgence has reignited interest in Japanese funds among investors, with various funds set to be launched in the second half of the year. The recent performance of the Japanese stock market has been attributed to strong financial restructuring policies, attracting both local and foreign investors. With Japan implementing reforms that have shown immediate effects, the market has become a key driver of the stock market's new highs.
Source: YAHOO
Reported about 1 year ago
Taiwan Semiconductor Manufacturing Co. broke the NT$1,000 mark on July 4, pushing the weighted index up by 350 points to close at 23,522 points. This momentum also boosted TAIEX futures to a record high, gaining 441 points to close at 23,624 points with a positive spread of 101.47 points. With a decrease in trading activity during the night session due to the U.S. stock market being closed, the futures market saw a reduction in volatility. Observing the current market trend and options data, there is a bullish sentiment and expectations for a potential increase in settlement due to TSMC's performance and positive market conditions.
Source: YAHOO
Reported about 1 year ago
Fubon Financial Holding's Chief Economist Luo Wei pointed out that the key factors to watch in the second half of the year include the Fed's monetary policy, geopolitical tensions, and the U.S. presidential election. He predicts that the Fed may cut rates as early as September with another possible cut in December, leading to a strong U.S. stock market and dollar. Global companies are expected to see an improvement in the second half of the year as economies recover, but caution is advised due to these major variables.
Source: YAHOO
Reported about 1 year ago
新光金控宣布對子公司新光人壽進行現金增資，每股定價8.3元，預計募資138.61億元。原股東認購比例為75％，公開發行佔10％，員工認購佔15％。增資目的是為了子公司業務發展及轉投資新壽。新壽因資本不足遭金管會開罰，提出125億元現增及25億元次債計畫，以維持資本適足率。
Source: YAHOO
Reported about 1 year ago
On a hot summer day on July 4, 2024, the urgency of global climate change is deeply felt, emphasizing the importance of individual energy-saving actions to become responsible Earth citizens. Investing in carbon reduction enterprises is highlighted as a sustainable effort, with climate change and AI identified as the twin engines propelling the current golden decade of investments. By actively investing in leading carbon reduction companies, one can merge profit opportunities with sustainable goals, giving every dollar invested in environmental sustainability a significant impact. Companies like Saint-Gobain, a major holding of the Franklin Templeton Global Climate Change Fund, have demonstrated substantial growth by embracing carbon reduction initiatives. Taiwan's TSMC is another stock in the fund actively pursuing green manufacturing practices, highlighting their sustainable impact strategy map to assess the positive and negative effects on economy, environment, and society. Defending against global climate change involves more than just energy transformation; it requires a multifaceted approach. The Franklin Templeton Global Climate Change Fund aims to capitalize on opportunities by investing in solutions that combat and adapt to climate change and companies resilient in the face of climate-related financial risks, aligning with the quest for capital appreciation. With AI development and the global push towards the 2050 net zero goal, the fund place emphasis on industries like raw materials and semiconductors, positioning them as key players in the fund's portfolio layout.
Source: YAHOO
Reported about 1 year ago
Chunghwa Telecom (2412) was the first among Taiwan's three telecom giants to announce the cash dividend distribution on July 4, 2024, with a total payout of NT$61.6 billion, marking a five-year high. Chunghwa Telecom set a new six-year high with a cash dividend of NT$4.758 per share, totaling NT$36.9 billion, to be distributed on August 8. Taiwan Mobile maintained its dividend at NT$4.3 per share, totaling NT$13 billion, with an ex-dividend date of July 8. Far EasTone also reached a five-year high, distributing NT$3.25 per share, totaling NT$11.7 billion, and having an ex-dividend date of July 10. These telecom giants have shown strong financial performance recently, attracting market attention despite facing some price fluctuations.
Source: YAHOO
Reported about 1 year ago
Boardwalk luxury homes dominate New Taipei once again, with the presale of the 'Shenghui Residence' selling at a record high price of 1.215 million NT dollars per unit, highlighting the high cost-performance ratio and potential of Boardwalk existing homes. The luxury home 'Junlin' located at No. 100 Minzu Road in Boardwalk, recently purchased by a listed company owner for over 300 million NT dollars in cash, exemplifies the increasing demand for luxury homes that exceed loan thresholds. The upscale Boardwalk property market is driven by economic growth, industry development, and the appeal of large-scale residences like 'Junlin', attracting high-end buyers and boosting market activity.
Source: YAHOO
Reported about 1 year ago
Japanese automakers Nissan and Honda are collaborating to enhance their presence in the global electric vehicle (EV) market by working on electric vehicle battery projects and considering the standardization of software technology for cost reduction and faster development of new features. The alliance also involves joint development of automotive operating systems and software to improve vehicle functions and enable continuous evolution through updates. The cooperation extends to strengthening charging infrastructure to enhance competitiveness in the EV industry, as Japan aims to catch up with leading countries in the EV sector. The collaboration between Nissan and Honda, announced in March, aims to cover six major areas, with a broader initiative by the Japanese government to promote digital transformation in the automotive sector by rallying car manufacturers like Toyota towards developing software-defined vehicles (SDV) to achieve a global sales target of 12 million vehicles by 2030.
Source: YAHOO
Reported about 1 year ago
Horizon, an industrial computer manufacturer, achieved a combined revenue of 12.669 billion in June, marking a 0.3% monthly increase and a 24.9% annual increase. The second quarter revenue reached 36.68 billion, showing a 12.1% quarterly increase and a 26.7% annual growth, while the total revenue in the first half of the year was 69.397 billion, a 20.8% increase from the same period last year. Horizon attributes the growth in June revenue to a significant increase in brand channel performance, particularly in various applications such as smart cities, factories, transportation, ESG energy conservation, and military industries. The company's three main business segments each saw growth in the first half of the year, with the brand channel revenue increasing by 49.1% annually. Looking ahead, Horizon remains confident in achieving high growth this year, driven by the flourishing markets of industries such as AI, semiconductors, robotics, and electric vehicles.
Source: YAHOO
Reported about 1 year ago
According to a survey by the World Gold Council on July 4, 2024, 68 central banks are expected to increase their gold reserves to 69%, with 80% believing that their gold holdings will rise in the coming year. The US ISM Services PMI dropped to 48.8, the lowest in four years, and market expectations of two rate cuts by the Federal Reserve are strengthened. Geopolitical risks from Russia and the Middle East are also supporting gold price increases, driving a continued demand for safe-haven assets. Historically, from rate hike to rate cut cycles, gold performs positively, and even after rate cuts, gold prices continue to rise. Overall, the outlook for gold remains optimistic amidst uncertainties.
Source: YAHOO