Reported about 1 year ago
Fu-Yi Brass Company is transitioning into an eco-friendly green energy garden factory showcasing precision products. With a plan by the Ministry of Economic Affairs, the factory will be redesigned with environmental protection, greenery, green energy, isolated green belts, with 50% of the area dedicated to these features. The company, established in 1989, has expanded from the main plant in Changhua Lukang to five plants, each specializing in different manufacturing tasks.
Source: YAHOO
Reported about 1 year ago
On July 4, 2024, at 4:10 pm, Jianqiao (stock code: 4114) reported a revenue of 379 million yuan for June, a 16% decrease from the previous year, attributing the decline to inventory adjustments by some customers. The company's revenue for the first half of the year was 2.62 billion yuan, a 2% increase year-on-year. Jianqiao anticipates a surge in demand for respiratory-related products post-September when schools reopen, potentially due to a new wave of COVID-19. With export market orders visibility extending to three months, the company remains optimistic about future operations.
Source: YAHOO
Reported about 1 year ago
Samsung Electronics, the global leader in memory chips, is expected to announce its preliminary financial results for the second quarter on July 5, driven by increased demand for memory chips due to AI innovations leading to higher prices. Experts predict that Samsung's operating profit for the quarter will surge to over 8.8 trillion South Korean Won, a 13-fold increase from the same period last year, with revenue estimated to grow by 23%. The recovery of memory chip prices, particularly in high-end DRAM chips for AI applications, is seen as a key factor in Samsung's semiconductor sector's consecutive profit growth. Additionally, the upcoming launch of flagship foldable smartphones and advanced wearable devices is poised to enhance Samsung's competitiveness in the high-end market.
Source: YAHOO
Reported about 1 year ago
Top executives from EVA Air, China Airlines, and other airlines predict a prosperous year in 2024 as the first year of AI technology boosts both air cargo prices and volume, while passenger demand remains high with reasonable fares. National airlines are expected to benefit from Taiwan's growing economy and AI technology advancements. With a surge in cargo prices and volume and a steady increase in passenger capacity, the aviation industry anticipates at least five years of success. Airlines are experiencing strong revenue growth due to robust demand, especially during the summer travel peak season, with measures in place to address challenges like labor shortages and delayed aircraft deliveries.
Source: YAHOO
Reported about 1 year ago
Qianfu (8383) saw fluctuations on July 4th as foreign and proprietary traders provided support, reaching a high of 48.45 yuan before closing at 47.4 yuan, up 6.28% with 7,645 shares traded and successfully surpassing various moving averages. Foreign investors made a second consecutive purchase, while proprietary traders sold on the 4th, creating a dynamic where both parties were involved. The three major institutions held a combined stake of 13.93%, with foreign investors holding 13.48%. Despite the KD indicator showing a crossover in the high zone, with slightly more buying orders than selling orders, if the main players continue to favor buying, it may benefit the stock's performance this week.
Source: YAHOO
Reported about 1 year ago
As populations age and lifestyles change, shortening the period of bedridden before death becomes a critical issue. In response to these challenges, Taiwan is focusing on upgrading healthcare through AI technology to improve the health of its population. With the CEO of Taiwan Smart Traditional Chinese Medicine, Huang Kefeng, emphasizing the importance of comprehensive health management, the article highlights the rise of suboptimal health conditions globally and in Taiwan. With a growing elderly population, there is a need for a shift towards preventive medicine and early intervention, emphasizing the significance of health risk awareness and lifestyle adjustments for all ages. Combining technology with healthcare, there are new opportunities for personalized and intelligent health management, such as body magnetic resonance imaging to assess overall health risks efficiently. The article underscores the importance of health education and promotion to cultivate a healthy and happy society through preventive medicine strategies.
Source: YAHOO
Reported about 1 year ago
On July 4, 2024, financial stocks in Taiwan rose by over 4%, with an increase of 0.08%, reaching a new high not seen since April 12, 1990, continuing its five-day winning streak. Despite an initial surge and subsequent fluctuation, the index closed with a modest gain of 1.78 points at 2,081.73 points. Analysts noted the recent strong performance of financial stocks and see the brief correction as a positive sign for further upward movement. Individual stocks experienced balanced increases and decreases, with no specific group dominating the gains. Institutional investors were particularly interested in banking and insurance stocks due to factors like active stock markets and Fed rate cuts. They suggested focusing on dividend-yielding insurance stocks and maintaining a positive outlook on banking and securities firms.
Source: YAHOO
Reported about 1 year ago
Another company with the stock code starting with 'XX01' was delisted on July 4, 2024, at 4:10 pm. According to the Taiwan Stock Exchange, Chemical Corporation (1701) will be converted into Chemical Investment and Control (3716) based on the regulations on corporate mergers. Trading of Chemical Corporation's stock will cease from August 21, with share transfers halted from August 23 to September 2, followed by delisting on September 2. Chemical Investment and Control will be listed on the same day as the share conversion on September 2.
Source: YAHOO
Reported about 1 year ago
台積電股價達到1,005元，今年漲幅逼近七成，而台股上市櫃公司的操盤神手如炎洲等大手筆持有台積、鴻海、廣達等股票，報酬豐厚。46家公司在第一季財報中持有台積電，顯示台股企業對於投資活力十足，而黃文清表示，企業為了活化現金會設立投資部門，台積電更是首選之一。這些公司持有多檔飆股，顯示台股市場上多頭行情的強勁潛能。今年全球AI科技發展熱絡，投資台積電、輝達、鴻海等公司被視為正確之選。
Source: YAHOO
Reported about 1 year ago
The 20th Third Plenary Session of the Chinese Communist Party will be held on July 15, marking consumption tax reform, including expanding the taxation scope to luxury goods and private jets, as a key agenda. This reform aims to adjust the distribution ratio of financial revenues between the central and local governments to alleviate local financial pressures. Analysts suggest that expanding taxation coverage and reallocating taxes to local regions will be key focuses of the future consumption tax reform in China.
Source: YAHOO
Reported about 1 year ago
In recent years, Japan has been actively developing its semiconductor industry which requires a large amount of energy. To secure cheap and stable power supply, the government has restarted nuclear power plants closed after the 2011 earthquake and plans for new-generation nuclear reactors. Despite greater future electricity needs compared to Japan, Taiwan's energy policy is hindered by the ruling party's ideology, potentially obstructing industrial development. Japan, heavily reliant on nuclear power pre-2011, experienced a severe energy gap after the Fukushima nuclear accident, prompting a strict review system and partial reactor restarts. While Japan has embraced nuclear energy as part of its industry and energy transformation, Taiwan remains steadfast in its anti-nuclear stance, a decision that may impede carbon reduction goals, hinder industry growth, and potentially lead to power shortages, impacting economic development and causing companies to relocate overseas.
Source: YAHOO
Reported about 1 year ago
Jack Stephenson, a fixed income investment expert at Aegon Asset Management, highlighted four advantages of US non-investment grade bonds as the market sentiment has been changing with increasing returns and international funds shifting towards buying. The key strengths include diversified market segments, shifting trend of non-investment grade bonds as a standard asset allocation, renewed interest from international funds with a 15% increase over 17 months, and a stable market structure with decreasing leverage and interest coverage ratios, making it a valuable long-term investment amid an upcoming interest rate reduction phase.
Source: YAHOO
Reported about 1 year ago
On July 4, 2024, Tesla was listed for the first time on the mainland government procurement list. The announcement from Jiangsu Government Procurement Network stated that Tesla's popular SUV model, the Model Y, was included in the local government's new energy vehicle procurement list, allowing Jiangsu province's party and government organizations, institutions, and groups to use this model. This move comes after initial security concerns had led to Tesla vehicles being restricted in certain sensitive areas in China.
Source: YAHOO
Reported about 1 year ago
Chairman Lin Kaijie of Chujian announced on July 4, 2024, that they plan to open over 20 new stores in Taiwan in the second half of this year, while actively expanding into overseas markets. The Chujian dining group rapidly expanded its market share by opening 4 new stores within a week for its brand 'Chujian Sour Fish' in different areas of Taiwan, including one in Taipei. They are also planning to open more stores in Hong Kong, Japan, and Southeast Asia to boost revenue and market presence, following their successful new brand development and store expansion initiatives started at the end of last year.
Source: YAHOO
Reported about 1 year ago
Acer Information reported record-breaking revenues in June, the second quarter, and the first half of the year due to increased demand for cloud and generative AI services. With over 30 enterprises and government units using Acer Information's generative AI accelerator platform, the company's performance was driven by businesses transitioning to cloud services and investing in various AI applications. Revenues for June reached 1.25 billion NTD with a 224% monthly increase, while the second quarter saw a 10.3% growth and a 2.5% year-on-year increase. Acer Information anticipates optimistic growth in the second half of the year, especially as more companies adopt cloud and generative AI solutions.
Source: YAHOO
Reported about 1 year ago
Taiwan stocks hit a new high on July 4, 2024, driven by the electronics sector, with NVIDIA facing antitrust allegations in France. Market anticipates increased focus on ASIC development, benefiting companies like Creative (3443) and Genius (3035) in IC design as U.S. CSP companies accelerate chip development. Despite challenges, market expects revenue growth for Creative and Genius, with the latter expanding collaborations for revenue recovery and increased profit forecasts up to 2026. Market remains positive on economic recovery and regulatory developments.
Source: YAHOO
Reported about 1 year ago
Semiconductor testing company Hongkang (3587) reported a revenue of 435 million yuan in June, a 5.97% increase year-on-year and a 3.23% increase month-on-month. The company's operations were mainly driven by contributions from Japanese laboratories and material analysis (MA) demand. With over 50% of this year's revenue contribution from AI in Japanese laboratories, Hongkang foresees continued growth in testing demand driven by advanced processes and packaging. The company is increasing its capital expenditures to expand and upgrade its laboratories and plans to establish a third laboratory in Hokkaido by the first quarter of 2025 to contribute to revenue. Hongkang aims to enhance its market position through financial management, technological innovation, and customer service.
Source: YAHOO
Reported about 1 year ago
In response to the rapid development of financial technology in recent years and the advent of the AI era, Sun Life continues to promote digital transformation, implement insurance technology applications, and create an AI data platform. They are not only focusing on cultivating diversity among sales agents through initiatives like the 'Pearl Plan,' but also introducing generative AI technology to launch 'AI Virtual Instructors' for digital training programs. By utilizing realistic scenario-based intelligent practice, Sun Life aims to build experience and confidence, assist new insurance agents in establishing themselves, and enhance the combat effectiveness of their sales team to meet a wider range of customer service demands. In partnership with Ascentek, a memorandum of cooperation was signed on June 28, with the aim of leveraging Sun Life's vast data and expertise in education and training, combining it with Ascentek's extensive experience in AI research and information technology system integration. Through AMD's high-performance computing and graphics technology, AI scenarios will be implemented internally, setting a new benchmark for AI development in the life insurance industry.
Source: YAHOO
Reported about 1 year ago
The real estate market continues to be hot, with leading sales agents, Jih Sun International (2348) and Love Forest (2540), holding sales cases worth billions, causing their stock prices to surge to new highs on July 4th. Both companies are expected to launch multiple billion-dollar projects in the second half of the year, along with contributions from their self-built projects, leading to anticipated growth in performance in the third quarter and second half of the year. The market is optimistic about their future earnings, with both companies experiencing significant stock price increases and strong performance.
Source: YAHOO
Reported about 1 year ago
According to Angie Cheah, Managing Director of Ernst & Young Financial Advisory Services Co., Ltd., many global CEOs aim to surpass AI's short-term efficiency and mid-term productivity through mergers and acquisitions. While Taiwan is seen as having a leading edge in AI industry, investment in AI development is still predominantly focused on large tech companies, despite over 90% of Taiwan's industries being small and medium-sized enterprises. The latest EY survey of 1,200 CEOs and 300 institutional investors globally revealed that the top three long-term goals for companies in the next three years include decarbonizing operations, boosting revenue growth, and investing in technology such as AI.
Source: YAHOO
Reported about 1 year ago
Recent weakness of the Japanese Yen continues as the exchange rate against the US Dollar falls below 161, hitting a new low since 1986. Despite global central banks shifting towards rate cuts, the Bank of Japan (BOJ) went against the trend by raising rates and ending negative rates in March. Market anticipation of bond purchase reduction was delayed to the end of July, reflecting concerns over Japan's weakening economic data. Speculators have increased bets on the Yen's decline, with leveraged funds entering with more short positions. The likelihood of the Yen rebounding is low unless BOJ takes decisive action or the Federal Reserve initiates rate cuts.
Source: YAHOO
Reported about 1 year ago
The Financial Supervisory Commission (FSC) in Taiwan has set its sights on insurance companies collaborating with banks for activities beyond their contracts, especially regarding incentives for specific insurance policies provided by certain banks. The FSC has warned insurance companies against conducting any activities such as client seminars, appreciation events, and overseas workshops outside the agreed-upon contracts. Companies found violating these terms may face penalties, including fines and disciplinary action for executives and managers.
Source: YAHOO
Reported about 1 year ago
Recent advancements in artificial intelligence (AI) have significantly enhanced risk management in corporations, allowing for swift and accurate risk identification. The dynamic global environment presents various internal and external risks, necessitating timely responses that traditional methods struggle to provide due to biases and information limitations. AI technologies address these issues effectively, such as Deloitte’s XCAP system, which analyzes vast data sources to extract relevant insights and predict risks, thus empowering businesses to make informed decisions and maintain competitive advantages. Companies are encouraged to adopt AI tools strategically to improve their risk management processes.
Source: YAHOO
Reported about 1 year ago
Despite market fluctuations on July 4, 2024, the biotech medical index remains resilient to inflation, with NBI and MSCI healthcare indices maintaining an upward trend. The focus is on Q2 financial reports predictions and the growth potential of large new drug stocks in the second half of the year. Clinician trials in the biomedical sector are driving the growth of small and medium pharmaceutical and medical stocks, with an optimistic outlook on drug acquisitions as a catalyst for the industry in the latter part of the year. Promising developments in weight loss drugs and related medical material sectors, such as continuous glucose monitoring systems and rising hospital admissions, hint at sustained growth opportunities. Industry experts anticipate a continued surge in mergers and acquisitions, driven by innovative technologies and regulatory approvals. Overall, the biomedical industry holds potential for increased stock performance, particularly if interest rate expectations shift, making biotech stocks outperform the market.
Source: YAHOO
Reported about 1 year ago
Due to record-breaking high temperatures in China, the demand for hand-shaken drinks has increased, leading to a 20.73% monthly revenue growth for Fresh Juice Co. in June. However, intense competition and consumer downgrading have caused an overall 25.63% decrease in revenue compared to the same period last year; totaling 20.67 billion NTD in revenue for the first half of the year, an 11.12% decrease year-on-year. The company plans to expand frozen product lines and distribution channels to adapt to changing consumer demands and market conditions.
Source: YAHOO