Reported about 1 year ago
Due to the high housing prices, many people dream of rebuilding old houses through reconstruction or redevelopment, even swapping one house for multiple houses. However, the regulations for self-reconstruction, urban renewal, and rebuilding old and dangerous houses are different. Choosing the most favorable rebuilding method is crucial for a successful renovation. Options include self-reconstruction, urban renewal, and rebuilding old and dangerous houses, each with varying incentives, approval processes, implementation deadlines, subsidies, and tax benefits. Understanding these differences is essential to ensure a successful and beneficial renovation.
Source: YAHOO
Reported about 1 year ago
Taishin Investment Trust is optimistic about the long-term prospects of Japan's semiconductor industry, collaborating with the Intercontinental Exchange (ICE) to introduce Taiwan's first ETF focused on Japanese semiconductors, the Taishin Japan Semiconductor ETF (00951). Scheduled to open for subscription on July 8 at a launch price of NT$10 and list on July 25, this ETF aims to capitalize on the booming Japanese semiconductor sector, especially following the opening of TSMC's first overseas wafer manufacturing facility in Kumamoto, Japan. With an affordable entry point, it invites small investors to participate in this growing market while diversifying and reducing investment risks.
Source: YAHOO
Reported about 1 year ago
State-owned banks in Taiwan are actively pursuing digitalization, with Taiwan Bank launching digital accounts for student loan borrowers, offering incentives. The Chunghwa Post Bank provides rebates for transferring money using mobile phone numbers. Mega Bank seizes the opportunity of the yen exchange trend by offering digital accounts with credit cards, providing substantial yen rebates. The Ministry of Finance encourages state-owned financial institutions to strengthen digital and AI applications to enhance services and efficiency, leading to the launch of attractive digital financial applications. Taiwan Bank simplifies digital account opening for student loan customers based on loan data, offering enhanced interest rates and free online interbank transfers to encourage account sign-ups.
Source: YAHOO
Reported about 1 year ago
Taiwanese stock analyst Johnny Lian's economic event analysis on July 2, 2024, points to a weakening US economy with sluggish GDP growth, low core PCE inflation rate, and declining new home sales. Despite a temporary GDP recovery expected in the second quarter but a further decline in the third quarter, signs of economic weakness persist. Major financial institutions like Morgan Stanley and Bank of America hold bearish views. In terms of industry analysis, post-Nvidia stock split, market volatility affects its price. Nvidia's leadership in the AI information swirl faces scrutiny, but its growth is projected to continue due to strong demand for data center GPUs. Additionally, Nvidia's involvement in AI, robotics, and networking technologies like INFINIBAND further solidifies its position in the market. The article also touches upon Tesla's role in the self-driving industry and Nvidia's vital contribution in advancing autonomous driving systems for various automakers. Lastly, the piece highlights the high-speed data transmission capabilities of Nvidia's INFINIBAND, demonstrating significant growth potential compared to traditional Ethernet networks.
Source: YAHOO
Reported about 1 year ago
Despite a 0.77% decline in the Taiwan stock market on July 2, financial stocks, driven by merger and acquisition themes and anticipated profits in June, closed in the green against the trend. The financial index continued its upward trend, gaining 4.2 points or 0.2%, marking three consecutive days of increase with a total rise of 1.08% during this period. Several financial stocks, excluding preferred shares, such as Cathay Financial Holding, First Financial Holding, Taiwan Business Bank, and so on, ended the day with gains. Stocks like Fubon Financial Holding, Mega Financial Holdings, and CTBC Financial Holding not only show strong profit performance but also exhibit merger and acquisition capabilities. With funds flowing in, these financial stocks are expected to maintain their upward momentum. Observing technical indicators, the financial index closed at 2,022.71 points on July 2, staying above various moving averages like the weekly, monthly, and quarterly, presenting a bullish trend, with a potential challenge to the intraday high of 2,042.23 points on June 25. The favorable profit outlook for financial stocks in the first three quarters of this year is supported by factors like SWAP transactions, realized stock profits, and the devaluation of the New Taiwan Dollar. Many financial institutions have announced higher dividend payouts, with some offering cash dividend yields exceeding 5%, attracting more investments into the sector. The peak dividend season for financial stocks is expected to last from June to August, indicating a favorable earnings outlook for the sector.
Source: YAHOO
Reported about 1 year ago
2024年7月2日，由動腦雜誌和動腦俱樂部舉辦的「2024廣告流行語金句獎」新增了「十大影片文案獎」獎項，大金空調以「齊柏林看見台灣、大金疼惜台灣」榮獲該獎項。這個獎項鼓勵參賽者運用不同溝通工具的創新，大金空調的「大金疼惜台灣」形象影片系列成功喚起對土地的關愛和環保意識。
Source: YAHOO
Reported about 1 year ago
The 2024 Guanyin Mountain Bamboo Shoot Season has kicked off, attracting visitors with its lush green landscapes and abundant ecological resources. Known as the 'Green Gem,' the tender and sweet Guanyin Mountain bamboo shoots are considered a top delicacy and are currently being featured in the Guanyin Mountain Bamboo Shoot Season activities, including a one-day bamboo shoot harvesting tour with activities like treasure hunting, bamboo shoot workshops, dining at the BoBo Coffee Restaurant, interactive games, and farm-to-table experiences. Visitors can also enjoy the local cuisine, with restaurants like Biyao Mountain Resort and BoBo Coffee Forest Pavilion offering a variety of chicken dishes and traditional Taiwanese cuisine amidst the beautiful scenery, making Guanyin Mountain a must-visit destination for nature lovers and food enthusiasts.
Source: YAHOO
Reported about 1 year ago
Quanta (2385) announced on July 2, 2024, that its June consolidated revenue reached 8.36 billion NTD, with second-quarter revenue hitting 24.67 billion NTD, an 8% increase from the previous quarter. The accumulated revenue for the first half of the year amounted to 47.52 billion NTD, a 1.17% decrease compared to the previous year. Quanta saw strong performance in keyboard and camera module product lines this year, indicating steady growth in laptop-related demand. The company's average salary for non-executive employees ranks high in the industry, demonstrating its reputation as a happy and high-paying employer.
Source: YAHOO
Reported about 1 year ago
In Taipei, a survey by FamilyMart revealed that migrant workers visit convenience stores on average once every two days, with their spending per visit being nearly double that of locals. To tap into this market, FamilyMart is creating a migrant worker-friendly environment by offering Muslim food, expanding Southeast Asian product lines online and offline, and collaborating with One-Forty to develop a multilingual communication aid. This initiative aims to double the revenue in the Southeast Asian product section. The collaboration also involves launching a 'Migrant Worker-Friendly Service Program' as revealed by the founder of One-Forty, Chen Kai-hsiang, who emphasized language barriers and religious dietary restrictions as major challenges faced by migrant workers in Taiwan. The joint survey conducted by FamilyMart and One-Forty received over 2,600 valid responses, disclosing the common services used by migrant workers at convenience stores include purchasing food, money remittance, and parcel delivery, with bread, milk, and snacks being the popular food items purchased.
Source: YAHOO
Reported about 1 year ago
Former chairwoman of Land Bank, Hsieh Chuan-chuan, will succeed as chairman of Bank SinoPac. The bank recently held a shareholders' meeting for board member elections, announcing on July 1 that the current chairman, Zhang Ming-dao, will retire. The new directors have appointed Hsieh Chuan-chuan, former chairman of Land Bank, to take over as the new chairman. Hsieh Chuan-chuan, with a background starting at Taiwan Bank, has a wealth of experience in enterprise credit and financial investments, making her a versatile professional manager. With her new role, she is expected to consolidate and lead Bank SinoPac's business operations forward.
Source: YAHOO
Reported about 1 year ago
Heqin Precision Machinery Co., Ltd. reported a consolidated revenue of NT$196 million for June, representing a 4.54% increase from the previous month and a 22.5% increase year-on-year. The company stated that the shipment of hard drives and automotive parts has steadily increased, leading to revenue growth for 11 consecutive months. With the production of new products in the second half of the year and the traditional peak season effect, Heqin expects its revenue to continue growing.
Source: YAHOO
Reported about 1 year ago
Taiwan's major telecommunications companies, Taiwan Mobile, Far EasTone, and Chunghwa Telecom, are seeing success with their respective OTT video platforms. Taiwan Mobile's MyVideo has achieved high viewership and increased new user sign-ups by nearly 50%, while Far EasTone excels in acquiring popular Japanese and Korean drama content, attracting more paying users and a significant increase in free member views. Chunghwa Telecom's Hami Video was ranked as the top domestic preference among users and the number one telecom OTT platform in a recent survey. With the upcoming Paris Olympics, Chunghwa Telecom has secured new media broadcasting rights and will introduce AR augmented reality technology for the first time in Olympic history, aiming to significantly increase its paid users and reach a target of 3 million subscribers. As the summer season boosts viewership for OTT platforms, the telecom giants are expanding their investments in content and international shows to attract more users, competing against global streaming giants like Netflix and Disney+. MyVideo's co-produced drama 'The Bad Kids' has topped the drama category, and the network-exclusive show 'Flower Boys' dominates the program category, with both experiencing a significant increase in views compared to the previous year. Interactive reality shows and concert programs continue to drive traffic, with an increased viewing time and number of views compared to last year. These successes indicate a growing scale for local OTT platforms amidst increased competition and innovative content strategies implemented by the telecom companies.
Source: YAHOO
Reported about 1 year ago
Securities News Center July 2, 2024, 4:10 PM * Ex-dividend: Asus, Mornsun, Jianzhun, Hsin Kuang Steel, Taiyi, etc. * Domestic and international conferences: Xinbaba, Yida, Chunghwa Telecom, Wisdom * Stock to watch: Hsin Kuang Steel, Ladder Tech, Solomon, Crystal Vision, Win Han, Ten Source, Anji, Lian Ce, Xuhui Yingcai, Ladder Treasure, Luo Sheng, Sunlink, Yiwei, Lizhou, Xinchuang, Shuang Hong, Rising Tech, Youwei Tech, Youhua, Sunlink Gene, Sheng Yu, Dahi-KY, Tianyang, Junhao, Shang Asia Tech, Xiwei, Weijian Bio, Green Power, Lion King, etc. * Disposal of stocks: Daren, Clouded Leopard Energy, Hongshuo System, Kangquan Telecom, Clouded Leopard Energy I * Reduced loan-to-value ratio by 1% and increased securities lending margin by 1%: Entire Spectrum * Restoration of original loan-to-value ratio and original securities lending margin ratio: Lian Shangfa, Delux, Jiyuan-KY, Xianyi and more Commercial Times reported AsiaPac Electric opens new chapter Far EasTone plays the mountain to become Taiwan's horse Masco Life Science receives investment and cooperation from Japanese businesses
Source: YAHOO
Reported about 1 year ago
In response to the new trend of intelligent sports AI, Chaoyang University of Technology, in collaboration with the China Youth Corps and Chang Yu Technology International Co., announced the groundbreaking 'AI Precision Exercise System.' The system, which utilizes advanced big data models, can monitor and analyze users' movements in real-time without cameras or sensors, providing precise feedback and guidance to ensure optimal results for each movement. It also offers personalized training plans, reduces the risk of sports injuries, and creates a new business model by combining the system with the Youth Corps member app, encouraging users to record exercise data and earn virtual currency through activities, promoting a healthier lifestyle through exercise. This innovative system, highlighted as the first of its kind, represents a significant breakthrough in the field of sports technology, providing users with a personalized AI sports coach for a more scientific and safer approach to exercise.
Source: YAHOO
Reported about 1 year ago
On July 2, 2024, Tong Zixian, Vice Chairman of the DPP think tank 'New Frontier Foundation for Culture and Education,' pointed out that Taiwan's energy policy is stuck due to the anti-nuclear stance, leading to high costs, poor resilience, and increased air pollution. Despite being questioned on his administration's nuclear policy, President Lai Ching-te did not mention the 'nuclear-free homeland' during his inauguration speech, sparking debates. Tong Zixian, coming from the tech industry, expressed support for nuclear power, stating that a mix of green and nuclear energy is needed to ensure stable power supply in the future to meet demands from industries such as semiconductors, AI, and electric cars.
Source: YAHOO
Reported about 1 year ago
With the support of Taiwan Semiconductor Manufacturing Co., Kaohsiung’s housing market is thriving! The total number of pre-sale and new house transactions in the first half of this year reached 11,746 units, exceeding the whole of last year's 11,295 units. The real estate market in Kaohsiung is expected to continue growing in the second half of the year, surpassing the historical record of 14,960 units set in 2022. The key factor behind the increase in housing sales and prices in Kaohsiung is attributed to the establishment of Taiwan Semiconductor Manufacturing Co.'s plant, leading to a spread of the hot housing market to various administrative districts. The demand for houses in Kaohsiung continues to rise with increasing investment from central and northern areas, indicating a positive outlook for the real estate market in the city.
Source: YAHOO
Reported about 1 year ago
Yango (3622), an electrical machinery plant, is benefiting from Taiwan Power's Resilient Grid Plan, operating at full capacity with diversified development in the photovoltaic industry, as its Vietnam plant starts mass production, driving positive growth in performance. With substantial revenue growth in May, Yango's mechanical and electrical business outperforms its photovoltaic operations, maintaining production and delivery levels similar to last year throughout 2024. Orders from Taiwan Power are expected to support Yango's mechanical and electrical business development for the next decade.
Source: YAHOO
Reported about 1 year ago
Despite significant fluctuations in July, the Taiwan stock market is predicted to remain resilient in the third quarter with support from the upcoming peak season for electronics, strong long-term demand for AI, and the Fed's expected interest rate cuts in the latter half of the year. Nomura Asset Management emphasizes a bullish market sentiment backed by positive fundamentals, industry trends, and capital flow, with a focus on sectors such as semiconductors, high-speed computing, servers, AI applications, power electronics, and green energy. The company anticipates continued growth driven by AI and technological advancements, particularly in the electronics industry. Additionally, Nomura is optimistic about industrial sectors like power electronics and green energy, as major US tech companies planning to establish operations in Taiwan are poised to boost local demand. The market outlook is positive, buoyed by the expanding AI trend and strong performance in the fundamental, industrial, and financial aspects of Taiwan's stock market.
Source: YAHOO
Reported about 1 year ago
Chairman Xie Ruimu of Bode (4563) announced that recent orders mainly focus on the aerospace, energy, and wind power industries, with a backlog of over 1.5 billion NTD, showing growth compared to the same period last year. Despite a sluggish economy in the second half of the year, Bode's operations are expected to remain stable, with revenue and profits growing for the full year. Bode's first-quarter profit from core operations reached 59 million NTD, with an additional 21.1 million NTD from exchange gains, leading to an EPS of 0.83 NTD, surpassing competitors to become the profit leader in the machine tool industry. Xie mentioned that the depreciation of the yen poses a significant threat to Taiwan's machine tool industry, as Japanese competitors with competitive pricing due to the weakening yen. With increasing demand from the Chinese market, Bode plans to lease a factory in Zhongshan, Guangdong to commence production by the end of this year or early next year. The company's strategy in the Chinese market involves gradual production scale-up, initially focusing on small-scale production of at least 50 high-end milling machines annually, targeting industries such as aerospace, automotive, and molds, with expectations for mass production beyond 2027. For more Business Times reports: Approval of Environmental Impact Assessment Disputes at the Zhuke Copper Gong Park, 12 Stocks Witness Continuous Foreign Buying Amidst Component Shortages, Global Server Market Adjusted Down by 7%.
Source: YAHOO
Reported about 1 year ago
Neil Shearing, chief economist at Capital Economics, predicts that the S&P 500 index will reach 7,000 points next year, driven by the enthusiasm of investors towards AI-related themes. This projection represents nearly a 30% increase from the current level of 5,475 points. Shearing warned that while AI innovations are creating substantial benefits, the market should be cautious of potential bubbles and the possibility of a subsequent market downturn. Despite the positive outlook on AI, there are concerns about overhype and inflated stock prices in this sector.
Source: YAHOO
Reported about 1 year ago
As the Taiwan stock market enters a period of fluctuation around the 23,000-point mark on July 2, 2024, with increased volatility in tech stocks, non-tech stocks are gaining market attention. Analysts point out that for the second quarter, Hwa Hsin (1605) presents trading opportunities due to the rebound in nickel and copper prices from March to June. Additionally, investment advisors highlight Yang Ming (2609) as a favorable choice given the expected maintenance of high freight rates in July. Hwa Hsin is anticipated to see higher profits in the second quarter in its cable business due to strong domestic demand and rising copper prices benefiting inventory gains and improving gross profit margins.
Source: YAHOO
Reported about 1 year ago
Goldman Sachs released a report on July 2, 2024, stating that global hedge funds sold off TMT (Technology, Media, and Telecommunications) stocks in June at the fastest rate since 2016, with the semiconductor sector being hit the hardest. While hedge funds were rapidly exiting the tech sector, retail investors continued to pour funds into major tech stocks like Nvidia. The report highlighted a significant net selling of US TMT stocks by hedge funds in June, with semiconductors and semiconductor equipment being the most sold categories, followed by software and internet stocks. This selling activity is indicative of asset managers becoming cautious of the high-flying tech stocks, with the trend towards a more conservative approach evident among fund managers.
Source: YAHOO
Reported about 1 year ago
On July 2, 2024, the TUSA Badminton Team achieved remarkable success by winning a bronze medal each in the men's doubles and mixed doubles categories at the 2024 U.S. Super 300 Open, adding to their impressive medal tally of 5 gold, 3 silver, and 9 bronze medals in May and June. The new TUSA men's doubles duo of Chang Ke-Chi and Chen Hsin-Yuan, with heights of 193cm and 185cm respectively, continued their winning streak after triumphing at the Kaohsiung Masters. The team's mixed doubles pair Lu Chen and Lee Chih-Chen also delivered a strong performance, securing a bronze medal. The article also highlights other promising players in the TUSA Badminton Team and their upcoming competitions and training programs.
Source: YAHOO
Reported about 1 year ago
The Shanghai Containerized Freight Index (SCFI) reported a 12.3% increase on the European route, reaching 5,353.02 points, marking a new high for the year. The index has been steadily rising for ten weeks, with a total increase of 151% from April 22nd to July 1st. Main contributing factors include several shipping giants announcing rate hikes for July shipments. This surge reflects tight capacity on the Shanghai to Europe route, with futures prices also reaching record highs. Shipping concept stocks in China saw a collective rise, with rates to European ports soaring to nearly $9,000 per 40-foot container from around $1,500 before the Red Sea supply chain crisis in November 2023.
Source: YAHOO
Reported about 1 year ago
After inter-agency consultation, the government plans to adopt three major measures to attract life insurance funds into public infrastructure construction. These measures include promoting more public projects through the build-operate-transfer model to increase project sources, securitizing cash-flow-generating public infrastructure to expand financial product varieties, and establishing a single cross-agency window to help eliminate regulatory obstacles. The Financial Supervisory Commission has also set out six conditions suitable for insurance industry investments, such as strong self-liquidation ability, long-term stable cash flow, reasonable return rates, manageable investment risks, stable and predictable policies, and mature industry targets.
Source: YAHOO