Reported 8 months ago
In June 25, 2024, U.S. stocks continue to lead the surge in Taiwan stocks, with overseas stock ETFs performing strongly and attracting investors to engage in zero shares trading on dips. Statistics show that the trading volume of zero shares in 61 overseas stock ETFs has exceeded NT$3.5 billion this year, mainly focusing on AI and other technology industry funds. The top ten overseas stock ETFs with the highest zero share trading volume have a total trading value close to NT$2.6 billion, with seven of them focused on AI technology industries. Investors' preference for zero shares is evident, especially in ETFs like Uni-President FANG+ (00757) and Cathay Semiconductor, which are highly related to AI. Investment professionals suggest long-term bullish trends in AI industries and recommend utilizing zero shares for cost-efficient investments. Despite varying performance among the top ten overseas stock ETFs in zero share trading, the core long-term trend remains in the AI industry, emphasizing the importance of selecting upward trending targets. Although tech stocks have seen significant gains this year, the evaluation remains reasonable as profit growth has increased noticeably. With developed countries adopting loose monetary policies and profit growth yet to fully reflect in stock prices, there is still room for tech stocks to rise. Future rate cuts are expected to boost tech stock valuations, increase market liquidity, and ignite capital flows, further supporting bullish trends. The recent price decline of Nvidia does not diminish the global trends of AI industrialization and industrial AI transformation, benefiting Taiwan's semiconductor supply chain as a key partner for European and American tech giants. Moreover, the launch of new global tech products in the second half of the year could trigger a wave of consumer upgrades and advance manufacturers' procurement, potentially catalyzing the next wave of tech ETF growth.
Source: YAHOO
Reported 8 months ago
Distributed by Uni-Futures, compiled by Huang Yan-Hong on June 25, 2024, at 4:10 pm. Nvidia's stock plummeted by a significant 6.7% on Monday, causing the TAIEX futures to weaken initially on the 25th. However, with the emergence of low bargain-hunting in mainstream stocks later, the midday TAIEX futures quickly narrowed their fall to less than 100 points with the closing point dropping 11 points to 22,743, showing a large swinging trend. Foreign open interest in futures increased by 1,966 contracts to 23,113, with a sustained negative bias in chip positioning. Overall, futures chips are skewed to the negative side. In examining options fund flows, foreign investors leaned towards long positions by 40 million NT dollars, while proprietary traders favored short positions by 145 million NT dollars. Although foreign investors slightly increased their long positions to 122 million NT dollars, proprietary traders significantly increased their short positions to 223 million NT dollars, slightly flipping the overall chip outlook to negative neutral. The TAIEX futures on the 25th experienced a drop followed by a rise, closing slightly above the 10-day moving average; the 5-day moving average will be on the decline for two days starting the 26th. If subsequent re-testing of the 5-day moving average encounters resistance, there is a possibility of re-testing the monthly moving average. In terms of chips, corporate spot trading remains slightly bearish, with futures chips significantly skewed to the negative side, and option chips shifting from neutral to slightly negative. Despite a significant rebound during trading, no major bullish short-term chip positioning was observed, indicating a continued weak and volatile market trend.
Source: YAHOO
Reported 8 months ago
On June 30th, 2024, the Hoshino Group's first luxury hot spring resort in Taiwan, Rainbow Xinyao Valley Guan, will mark its fifth anniversary with the launch of a series of events named 'At That Moment, Dancing Together' from June 30th to September 30th. The celebrations will include a commemorative dinner, a historical photo exhibition, and activities like 'Cool Summer Moments by the Pool', offering guests a special and enriching experience. Furthermore, renowned chefs will collaborate on a unique nine-course dinner inspired by the natural surroundings of Guan Valley, with a focus on a 'Pla-Nature' concept combining French and Japanese culinary techniques to provide a nature-infused dining experience.
Source: YAHOO
Reported 8 months ago
Taiwanese food giant Rich Flavor Village introduces a new product, 'Enjoyable Praise Sesame Oil,' with a 33% increase in fragrance. The new generation of sesame oil has a longer-lasting and more natural aroma, free from artificial fragrances, passing through 16 quality control checks to ensure 100% quality guarantee. This breakthrough aims to revolutionize the traditional sesame oil market, emphasizing stringent quality control measures and high standards in production processes.
Source: YAHOO
Reported 8 months ago
Wein Industrial’s general manager, Xu Wenjin, introduces Hitachi's high-tech air compressors such as the DSP-NEXTII series with a color touchscreen panel, OSP series with dual efficiency in operation and shutdown, and SRL series with vortex technology for low noise. These compressors provide clean, energy-saving, low-vibration, low-noise, and stable operation, and they are well-received in industries like semiconductors, electronics, pharmaceuticals, biotechnology, and food. Hitachi's commitment to innovation is evident in its use of high-efficiency motors, Wi-Fi connectivity for remote monitoring, and long operating life, contributing to its strong reputation in the market. Wein has been Hitachi's distributor for nearly 24 years, offering comprehensive after-sales service to users of Hitachi air compressors in northern, central, and southern Taiwan.
Source: YAHOO
Reported 8 months ago
Project manager Shi Yongzhe (third from left) of Jin Ying Fa Company, along with Vietnamese manager Wang Shengjie (third from right), and the team vigorously promote high-temperature and high-pressure sterilization equipment. The professional manufacturer of food machinery and high-temperature and high-pressure sterilization equipment, Jin Ying Fa Company, has been established for over 50 years. In recent years, in response to food safety requirements and process changes, the company's new 'multi-functional sterilization kettle' has been widely favored by food, pharmaceutical, and biotechnology industries worldwide. This latest sterilization kettle equipment not only can 100% recover cooling water, but also condenses steam for energy saving and carbon reduction. It is suitable for various high-temperature resistant packaging materials and products, with over 220 companies in Taiwan using it. The equipment enhances food safety and quality, applicable for high-temperature sterilization, low-temperature pasteurization, sous vide cooking, and freezing and refrigeration packaging. Additionally, Jin Ying Fa has collaborated with the Metal R&D Center's natural material innovation application team to jointly develop 'pearl and crystal ball forming equipment', allowing for adjustment of product quality and production of various types of pearls and crystal balls through innovative packaging technology, maintaining product integrity even during high-temperature sterilization processes.
Source: YAHOO
Reported 8 months ago
Taishin Bank was awarded by the Financial Supervisory Commission (FSC) on June 25, 2024, for its outstanding performance in enhancing the program for small and medium enterprise (SME) loans. The bank has been recognized for six consecutive years for its contributions to the growth and development of SMEs in Taiwan. Taishin Bank not only supports SMEs in their operational stages but also focuses on their future transformation and development through green finance initiatives, aiming to enhance their competitiveness. Additionally, the bank has integrated 'net zero emissions by 2050' into its corporate culture and investment strategies, emphasizing its commitment to green actions for a sustainable society and environment.
Source: YAHOO
Reported 8 months ago
Gallup recently released its annual report estimating that low employee engagement could cause a loss of $8.9 trillion in the global economy, equivalent to approximately 9% of the global GDP. The report surveyed 128,278 employees in over 140 countries, revealing that around 20% felt lonely, angry, or sad daily, and 41% experienced stress. It also found that only 23% of employees were highly engaged at work, with the rest lacking enthusiasm. The report highlighted that employees who understood the meaning and relevance of their work had higher levels of daily enjoyment and lower levels of negative emotions. Different regions varied in both work engagement and happiness levels, with the US, Canada, Australia, New Zealand, and Latin America having higher percentages of engaged employees. However, Europe and South Asia had the lowest levels of work engagement.
Source: YAHOO
Reported 8 months ago
福壽實業集團將在今年持續推動「糧農循環永續標章」，並將擴大「糧農循環聯盟體系」，成為公司下半年的工作重點。透過和上下游相關廠商合作，推動多項專案，促成實踐相關商業行動，致力於深耕落實在地糧農循環價值。
Source: YAHOO
Reported 8 months ago
Taiwan Futures Exchange plans to introduce micro TAIEX futures by the end of July, as the economy stabilizes and the weighted stock index remains above 20,000 points. The new micro TAIEX futures will have a contract multiplier of NT$10 per point, making it more accessible with lower initial margin requirements compared to the existing larger and smaller TAIEX futures contracts. Traders will have the opportunity to engage in more strategic and diversified trading activities with the addition of micro TAIEX futures, providing flexibility in adjusting exposure positions and exploring arbitrage opportunities.
Source: YAHOO
Reported 8 months ago
At the shareholders' meeting of old-established domestic steel factory Tang Rong on June 25, 2024, there was a board of directors' re-election. State-owned-enterprise shares secured 7 seats, while the minority-owned shares led by Yieh United only gained 4 seats, one less than the previous term. Despite this, Yieh United remains determined to acquire Tang Rong through various means and strategies to increase its stake. The main reasons for Yieh United's interest in Tang Rong are to gain dominance in the domestic stainless steel market to control prices and to utilize Tang Rong's significant land assets, including over 20,000 square meters of land in Kaohsiung Zhongdu redevelopment area alone, valued at more than 26 billion NTD. Although Tang Rong's performance has been subpar in recent years due to global economic conditions and geopolitical factors affecting the stainless steel market, Yieh United has persistently pursued the merger. Yieh United currently holds around 42% of Tang Rong's shares through its subsidiaries and looks to increase it to over 48%. Achieving this merger could promote industrial integration and expand operational scale, enabling them to have a significant say in pricing. Moreover, Tang Rong's extensive land assets are also a valuable attraction for Yieh United. However, with major shareholders of Tang Rong being state-owned enterprises and the Fair Trade Commission blocking Yieh United's previous acquisition attempts due to concerns of market dominance in the stainless steel flat product sector, the prospects of a successful merger remain uncertain.
Source: YAHOO
Reported 8 months ago
Taiwan Semiconductor's establishment in central and southern Taiwan, as well as Hsinchu, has driven up housing prices. National banks are focusing on three key criteria for mortgage approvals: 'real-price registration, repayment capability, and location grading.' Banks primarily evaluate the property as collateral, followed by the borrower's repayment ability, and scrutinize real-price registration data for the surrounding areas affected by semiconductor industry growth. Banks are adopting cautious approaches to appraising properties in rapidly appreciating regions and assessing borrowers' financial stability to control loan risks within an acceptable range.
Source: YAHOO
Reported 8 months ago
With AI giants such as NVIDIA, AMD, and Amazon planning to establish data centers and supercomputers in Taiwan by 2024, the market expects a surge in electricity demand, leading to a strong performance of power-related stocks including YunPao Energy, Zhongxing Power, and Daya. With factors such as power shortages, policy support, and the electricity needs of tech giants, investors are advised to strategically invest for the long term. The recent focus on green energy stocks is also highlighted, with expectations of continued long-term benefits for resilient power grid companies as green energy consumption increases.
Source: YAHOO
Reported 8 months ago
富威電力（6994）和三商餐飲（7705）向臺灣證券交易所送件申請股票上市，成為2024年第五家及第六家國內公司申請上市，富威電力近來在興櫃市場因夏季缺電題材股價攀升，25日股價上漲1.33％至121元。三商餐飲從5月來股價轉強，25日小跌0.39％至86.5元。富威電力主要提供綠電交易及儲能服務，2024年前五月營收達7.25億元，年增率144.93％。三商餐飲主要經營連鎖餐飲，2024年前五月營收年成長8.58％。
Source: YAHOO
Reported 8 months ago
On June 25, 2024, Taiwan's leading injection molding machine company, Fuchiang Hsin Group, announced the release of a new smart roaster called the 'New Future Intelligent Full Hot Air Roaster', designed with low smoke and carbon emissions. The roaster will be showcased at the Taichung International Tea, Coffee, and Bakery Expo from July 12 to 15, attracting coffee enthusiasts and chain cafe owners. With features such as multiple temperature monitoring and hot air circulation for even roasting, this roaster aims to revolutionize coffee bean roasting technology by combining automation and data analysis for optimal roasting results.
Source: YAHOO
Reported 8 months ago
To deepen the foundation of financial education and promote basic financial literacy, the Taiwan Stock Exchange has launched the 'High School Vocational Investment and Financial Literacy Lessons' in line with the 108 curriculum guidelines following the success of the 'Junior High School Version' introduced in 2023. The new high school vocational investment and financial literacy lessons consist of six units with content covering various financial products and models, capital market commodities, fraud prevention, ESG, and more. Teachers can choose suitable units for students and integrate them into the school curriculum. The Stock Exchange will conduct physical and online training sessions for teachers to familiarize them with the lessons, offering monetary incentives for implementing the lessons effectively. Interested teachers can register for the training sessions to enhance financial education in schools.
Source: YAHOO
Reported 8 months ago
According to data from the Investment Trust and Consulting Association's website as of the end of May 2024, the New Fubon Global Bond Fund has been rapidly growing in size since the beginning of the year, continuing to attract inflows of funds. It is expected that as the interest rate cut approaches in the second half of the year, the demand for global bond fund subscriptions will increase. Despite the recent tightening of investment-grade bond spreads, the prices of global risky assets have been volatile at high levels, highlighting the risk of market fluctuations. By positioning in the global bond fund at this stage, investors not only benefit from attractive bond yields but also can mitigate downside risks in the stock market turmoil. The New Fubon Global Bond Fund mainly focuses on investment-grade bonds rated BBB, aiming for both yield and credit rating considerations. By analyzing past Federal Reserve interest rate cut records, the sweet spot for global bond fund investment is during the 'wait-and-see' period before the rate cut. Investors who position themselves early in the bond market are likely to gain opportunities for bond capital gains. As of the end of May, the New Fubon Global Bond Fund had a duration of 6.84 years, with a weighted average credit rating of BBB+, and 89.8% of the bond portfolio allocated to BBB-rated bonds (41.31% in BBB, 13.06% in BBB+, and 16.81% in BBB-). Additionally, AA and A-rated bond allocations accounted for 17.36% of the total bond holdings, with no non-investment-grade bonds held by the fund. The fund's main investments are concentrated in the United States, with industries focusing on consumer goods, industry, energy, technology, telecommunications, and finance. Looking ahead to the second half of the year, Fubon Mutual Fund Company believes that the global bond market still faces geopolitical and other volatility risks. Investors are advised to patiently position themselves in global quality bond funds for medium to long-term allocations. Through an experienced bond team, constructing a stable bond portfolio to accumulate steady bond income, capturing opportunities for bond capital gains, and mitigating downside risks during market fluctuations will lead to success in the major bond market trends in the latter half of the year.
Source: YAHOO
Reported 8 months ago
Longshine Aluminum, known in southern Taiwan for providing aluminum and construction materials such as aluminum extrusions, industrial aluminum extrusions, has expanded rapidly in recent years. Its subsidiary, De Zhen, specializes in solar system mounting brackets that are easy to assemble and maintain, making them a sought-after business partner for domestic solar system assemblers due to their compatibility with various installation environments. With a strong focus on quality, De Zhen has become one of the main suppliers of solar system mounting brackets in Taiwan, providing high-quality, CNS-standard-compliant products that have been adopted by various large manufacturers and public institutions domestically and exported to countries such as Japan, Malaysia, and Guam.
Source: YAHOO
Reported 8 months ago
On June 25, 2024, at 4:10 PM, Delta Electronics (2308) set a new historic high intraday stock price at 391.5 yuan, although it closed at 387 yuan, up by 2.78%, failing to maintain its earlier record. The market value surpassed a trillion yuan mark, achieving the best performance since the new chairman, Zheng Ping, took office. In addition to technical advantages, the recent support from institutional investors has been crucial to the upward trend in stock prices, with all three institutional investors buying 1,383 shares on the same day. Benefiting from the growth in passive components and server power supply shipments, Delta Electronics recorded a revenue of 35.078 billion yuan in May, reaching a high point in nearly 8 months and setting a new high for the same period in history, with a monthly increase of 4.6% and an annual increase of 2.6%. The accumulated revenue for the first five months of the year reached 1599.13 billion yuan, representing a 0.8% annual increase.
Source: YAHOO
Reported 8 months ago
The UK government announced investing over £100 million to establish nine new artificial intelligence (AI) research centers and provide training on relevant technology to regulators. This move, supported by international economists, is expected to boost the UK's AI and technology industries, impacting the overall development of the UK real estate market. Notable figures like Huang Renxun, with a net worth of $119 billion, also show interest in the UK's AI technology and industry. Recent surveys by the BBC based on big data reveal a significant rise in housing prices since the 2008 financial crisis, primarily in London and the eastern and southern regions of England, particularly in comparison to China's rapidly appreciating real estate market, with London experiencing the highest percentage increase. Experts in international economics are optimistic about the future trends in the UK real estate market which are expected to soar due to the country's advancements in AI technology. Caleb Tsang, co-founder of Zupreme Overseas Real Estate Strategy, expressed confidence in the UK real estate market and is organizing a property investment briefing on June 29-30 at the W Hotel 9th-floor conference room 1, featuring the London Square Croydon project in the southern part of London's Croydon area, offering 108 private units near West Croydon station, with various transportation options available. The event aims to attract early investors looking to capitalize on the growing demand for property in the UK, especially as the country becomes a hub for tech talent with increased international education opportunities.
Source: YAHOO
Reported 8 months ago
Starting July 4, the EU will impose tariffs on Chinese electric cars, prompting China to urge Germany to persuade the EU to cancel the plan. China proposes reducing tariffs on large-displacement imported cars as a condition for the EU to cancel tariffs on Chinese electric cars, potentially benefiting German car manufacturers. Meanwhile, Canada also plans to impose tariffs on Chinese electric cars and batteries to curb cheap Chinese products entering the market. The escalating trade tensions include the US and EU raising tariffs on Chinese electric cars, prompting retaliatory measures from China, such as launching anti-dumping investigations on imported European pork.
Source: YAHOO
Reported 8 months ago
Taiwan Mobile made a move to enter the new retail market on June 25, 2024, marking a significant trend in the domestic retail market. This move signifies the empowerment of commercial opportunities through technologies such as AI and big data by the telecommunications industry, extending from applications like 5G private networks and smart cities to retail channels. Direct-to-customer (DTC), Online Merge Offline (OMO), and other new retail development models are also being recognized by the market, indicating promising future business opportunities amidst intensified competition. Various companies like Taiwan Mobile and Rich Media are strategically investing in new retail businesses to expand their market share. The landscape of the retail market is evolving as physical retail players like 91APP, XINSUN Network, and Tengyun Technology are implementing innovative solutions to enhance customer experiences and operational efficiency, while online giants like Uniqlo are venturing into the physical retail space, reflecting the emergence of a new competitive era in the retail industry.
Source: YAHOO
Reported 8 months ago
Amid the global economic recovery, Taiwanese national banks are suggesting a balanced approach of investing in both stock and bond markets. They are optimistic about AI stocks and the healthcare industry, as well as recommending positioning in emerging bonds and investment-grade bonds. Favorable markets for the second half of the year include developed countries while suggesting focusing on markets with clear long-term growth trends, such as Taiwan and South Korea in the semiconductor industry or India benefiting from the 'China Plus One' strategy.
Source: YAHOO
Reported 8 months ago
On June 25, 2024, Radiance announced positive performance in the display industry with OLED panel revenue growth expected in 2024. The company also anticipates profit stability through the year. Additionally, significant energy storage orders are projected to contribute to their energy business growth. Radiance has been actively investing in high and low-power battery integration and production, with plans for a subsidiary's IPO at the end of 2024. Revenue from the energy sector is expected to increase, while the display business is forecasted to stabilize and contribute to overall growth in 2024.
Source: YAHOO
Reported 8 months ago
Tang Rong held a shareholders meeting on June 25, 2024, revealing an expanding loss from the previous year exceeding 2.9 billion NT dollars, almost equal to the company's capital. The company expressed a cautious outlook for the steel market in the second half of the year due to incomplete recovery in stainless steel demand. Despite some minimal profit in the first quarter of last year, factors like inflation and regional disputes led to a significant increase in losses, with a loss of over 5.1 billion NT dollars in the first half of the year. With total losses reaching nearly 29.84 billion NT dollars, close to the company's capital, the operational situation remains severe. Even with inflation easing and gradual global economic recovery, uncertainties in the stainless steel market persist, making the outlook for the steel market in the second half of the year unfavorable.
Source: YAHOO