Reported 8 months ago
In less than a year, Cai Junwei has gained the trust and collaboration of two temples. Cai believes that apart from having a strong team combining industry, government, and academia, the key is to approach temple negotiations with a practical mindset. Being honest about capabilities and costs while aligning with the temple's needs is crucial to win them over. Additionally, understanding the temple's perspective and adapting communication accordingly, including speaking the local dialect, can bridge the generational gap and foster better relationships for successful collaboration.
Source: YAHOO
Reported 8 months ago
Chairman Zhang Yunpeng of Huannan Financial Holdings stated that tech industries have already consumed most of their inventory, with electric cars and servers related to AI being the hottest industries now. Traditional industries like steel are showing signs of recovery. He expressed optimism for the economy in the second half of the year due to these factors. Various financial leaders in Taiwan, including those from First Financial Holdings and First Bank, also hold a cautiously optimistic view for the second half of the year, citing improved global economic conditions, AI innovations, and strong demand. Multiple challenges like uncertain US interest rate policies, a weak Mainland Chinese economy, and geopolitical risks were mentioned, emphasizing the need for financial institutions to adapt, digitize, and manage risks efficiently.
Source: YAHOO
Reported 8 months ago
Giant Group's Chairperson Du Hsiu-chen and CEO Liu Yong-chang expect the bicycle industry to resume positive growth next year. They mentioned that even the U.S. market with the most low-end product inventory has started to receive additional orders, indicating a turnaround in inventory structure and marking the end of the industry's downturn. The company anticipates improved performance in the second half of the year, especially in the growing Chinese market where high-end bike sales have surged significantly.
Source: YAHOO
Reported 8 months ago
Shanghai Commercial Bank held a shareholders' meeting on June 21, 2024, and elected a new board of directors, appointing Li Qingyan and Rong Kangxin as executive directors, with Chen Muzai as an independent executive director. Li Qingyan was elected chairman and Rong Kangxin as vice chairman of the board. Rong Kangxin, a fourth-generation descendant of the major shareholder of Shanghai Commercial Bank, has taken the first step in generational succession, with plans for a gradual handover. With a Master's degree from the University of Chicago, Rong Kangxin has held various positions in banks and at Shanghai Commercial Bank before assuming the role of vice chairman. The shareholders' meeting also approved financial reports and a cash dividend distribution of 1.8 yuan per share, reflecting a dividend yield of about 3.93% based on the closing price on the 21st.
Source: YAHOO
Reported 8 months ago
In Taipei on June 21, 2024, software company TigerTech (6791) held a shareholders' meeting and approved its 2023 annual report, financial statements, and profit distribution plan. The company reported an earnings per share of 3.87 yuan for 2023, with a dividend of 3.469 yuan per share. TigerTech's main business is providing CAE (Computer-Aided Engineering) software, benefiting from the increasing demand for computing power in the AI era. With stable growth in industries like semiconductors, defense, and high-frequency communication, TigerTech achieved a 12.46% year-on-year revenue growth in 2023, reaching 602 million yuan, along with a net profit of 80 million yuan, an 11.25% increase, and an EPS of 3.87 yuan, all marking three consecutive years of record highs. The company also sees opportunities in fields like acoustics, vibration, and optical measurement, and has collaborations with major players. Global CAE software is projected to have a compound annual growth rate of 8.8% from 2020 to 2030, with the digital transformation of Taiwanese companies and the return of Taiwanese businesses driving the growth of information services and benefiting TigerTech's performance.
Source: YAHOO
Reported 8 months ago
China's Taiwan Affairs Office announced the immediate implementation of 22 new regulations, including the ability to impose the death penalty, aimed at punishing individuals advocating for Taiwan independence. The Taiwan Mainland Affairs Council responded by asserting the rights of Taiwan's 23 million citizens under the ROC constitution and criticized China's actions as detrimental to cross-strait relations. The regulations target individuals promoting separatist activities, with severe penalties up to the death penalty for those considered particularly harmful to national security. China also expressed strong opposition to recent US arms sales to Taiwan, imposing countermeasures on Lockheed Martin and its key personnel to protect its sovereignty and territorial integrity.
Source: YAHOO
Reported 8 months ago
As of June 21, 2024, in Pingtung High-Speed Rail Special Zone and driven by factors such as 'Buy Pingtung,' the presale prices of high-rise building projects in Pingtung City have started at over 300,000 per ping. The prices in desirable areas have also surged, with an increase of at least 17% since a year ago. Both new and second-hand properties have seen significant price hikes, attracting buyers from neighboring areas like Kaohsiung. The continuous hot trend in Pingtung's housing market is attributed to its affordability, policy immunity from property regulations, and ongoing major public infrastructure projects like the Pingtung High-Speed Rail Special Zone.
Source: YAHOO
Reported 8 months ago
On June 21, 2024, Vice President Zeng Yanyu of Yuanta Securities Research Department analyzed the market at 4:10 pm: NVIDIA's Huang Renxun's comment before leaving Taiwan, stating that TSMC's value in the semiconductor industry is undervalued, sparked foreign interest in TSMC. With ambitious new chairmanship at TSMC's shareholders' meeting, TSMC's stock price soared in just one week, pushing the Taiwan Stock Index past 23,000 points, exceeding all expectations. The rise of NVIDIA indicates TSMC's continued undervaluation and the beginning of AI growth. The article also discusses implications for other major tech companies like Microsoft and Apple, and the importance of the semiconductor industry and AI in the global market.
Source: YAHOO
Reported 8 months ago
Huadong (1603) is benefiting from Taiwan Power's Resilient Grid Project with over NT$5 billion in hand orders. Their 161KV ultra-high-voltage cable production line is at full capacity, prompting them to start developing 345KV ultra-high-voltage cables with the goal of qualifying for Taiwan Power tenders by the end of 2027. At the shareholders' meeting on June 21, Huadong approved a cash dividend of NT$1.3 per share, elected 2 directors and 3 independent directors, with Chen Liangyin appointed as chairman. Chen indicated a commitment to market development, innovation, and operational resilience to ensure sustained growth for the company. Huadong's cable orders primarily come from Taiwan Power, and with the current 161KV production line already profitable and at capacity, their focus for this year is on developing the 345KV XLPE cable project, aiming to complete testing by February 2026 and secure qualification for Taiwan Power tenders by the end of 2027. Regarding the challenging aluminum door and window market, Huadong signed an OEM contract with Japanese giant TOSTEM to promote high-performance aluminum door and window systems for luxury home projects and develop barrier-free facilities for the increasing elderly population in Taiwan by 2026. Additionally, Huadong plans to utilize 2MW of land in the Lizet Industrial Zone to build a solar photovoltaic field and rent out remaining lands for a large-scale energy storage system. This article also covers other business developments such as the demand for Liaoning Changcheng Semiconductor bidding derivatives and the upcoming launch of the Confirmation Platform for Derivatives in the 2022 season. Global server shipments are rising, as TrendForce forecasts a 5% growth for next year.
Source: YAHOO
Reported 8 months ago
La Vie by Thomas Buhner's dishes, designed by Michelin three-star chef Thomas Buhner and resident executive chef Yang Zhan-Hao, feature unique ingredients such as goatfish, lobster, tuna belly, white asparagus, beef liver, among others. The meticulous use of ingredients and culinary techniques, combined with diverse flavor combinations, justifies the restaurant's high prices and showcases a blend of European and Asian culinary skills. Each dish prepared by chef Yang is labor-intensive, exemplifying a trend in the culinary world towards zero-waste cooking, with innovative presentation and taste experiences.
Source: YAHOO
Reported 8 months ago
Wang Qingdong emphasized the importance of cancer prevention, stating that many cancers are preventable. He advocates for reducing the risk of cancer through healthy lifestyle choices. While there is extensive information available on cancer prevention, he believes that cancer can be controlled through proper diet and lifestyle habits. Simple lifestyle changes such as healthy eating and staying hydrated can effectively prevent cancer. With his dedication to developing cell therapy techniques, the aim is to replace traditional chemotherapy, reduce its side effects, enhance patients' quality of life, lower cancer treatment costs through technical innovation, making advanced treatment methods more affordable, and ultimately improving treatment accessibility and effectiveness to challenge the notion that cancer equals death.
Source: YAHOO
Reported 8 months ago
The Central Bank announced on June 21, 2024, that the five major banks in Taiwan had a significant increase of 116.235 billion NT dollars in new housing loans in May, marking a record high for a single month and surpassing April by nearly 20.7 billion NT dollars. Among them, Qing'an loans accounted for 40.64% of the new housing loans undertaken by the five major banks, reaching a record high since its introduction in August last year, becoming a crucial factor in driving the housing market. After the Central Bank raised interest rates unexpectedly in March, the weighted average interest rate for new loans granted by the five major banks in May increased to 2.187%, the highest in nearly 15 and a half years, with the previous high being 2.523% in December 2008. The surge in new housing loans in May reflects factors such as increased working days compared to April, new home transactions driving demand, and continued market activity. Additionally, the increase in Qing'an loans has stimulated the growth in demand for self-occupied housing among the public.
Source: YAHOO
Reported 8 months ago
Cathay Financial Holdings, along with its corporate partners, has been recognized for its sustainable financial impact and efforts to reduce climate risks at the 2024 TWSIA Sustainable Investment Award in Taiwan. The group won multiple awards including Institutional Impact Award in the financial industry, while Cathay Securities and Cathay Securities Investment Trust received accolades in ESG innovation. As a leader in climate finance, Cathay Financial Holdings has actively participated in international initiatives and events, promoting sustainable practices and partnerships within the finance sector to address climate challenges effectively.
Source: YAHOO
Reported 8 months ago
Far EasTone has successfully launched four key business initiatives, including sustainable smart cities, telecommunications system integration, smart healthcare, and digital transformation, powered by AI. The initiatives have seen positive outcomes across various sectors, such as transportation, healthcare, and digital services. The company has also made significant progress in expanding its digital services and enhancing customer experiences through AI technology. Far EasTone's recent financial performance has been impressive, with a significant increase in its stock price, market value, and revenue growth, positioning the company as a leader in the telecommunications industry.
Source: YAHOO
Reported 8 months ago
SpaceX最近向舊客戶提供星鏈（Starlink）新產品體驗版，Starlink Mini是一款機身只有一般天線一半大小、僅三分之一重，售價599美元的攜帶型衛星網路天線，內建WiFi路由器，傳輸速度最高可達100Mbps，Ping值23毫秒。用戶需每月付加價30美元使用Mini漫遊服務，數據流量上限每月為50GB，總費用為每月150美元。首批產品將於7月出貨，馬斯克表示Mini可作為固網斷線時的低成本備用網路連線。星鏈已擁有超過300萬客戶，全球服務地區遍布100個國家，特別受到農村地區及學校歡迎。
Source: YAHOO
Reported 8 months ago
As Taiwan Semiconductor moves into Kaohsiung and offers double-high salaries to attract technical personnel, the Kaohsiung City Government is encouraging the construction of employee dormitories and promoting developers to build housing while simultaneously donating social housing units. To help companies secure land, the city has established a platform to assist in obtaining public land for business housing projects. An example involves a major factory converting industrial land to residential areas, donating some as social housing and some as employee housing, with plans to gift the housing to employees for free after 15 years to retain talent.
Source: YAHOO
Reported 8 months ago
On June 21, 2024, 'Discover Hualien' introduces the Baibaoxi Cycling Trail as an escape from the hustle and bustle, offering a picturesque ride through lush greenery and babbling streams in the countryside. The trail includes historical landmarks like the General's Office, designed by the indigenous artist Sabu Gaxiao featuring a coffee shop and handicrafts, and the Dafu Forest boasting a cycling experience amidst forests and flower fields. Hualien's latest '2024 Cycling Trail Promotion' event incorporates nature, culture, and community participation, with participants earning rewards for completing sections of the cycling trail. Additionally, Hualien's 'Two Rails Cycling Trail,' a collaboration between railways and cycling paths, provides a sustainable and comfortable travel experience through the region's natural and cultural highlights.
Source: YAHOO
Reported 8 months ago
Fancy Eternal Real Estate announced a cash dividend of NT$18 per share approved at the shareholders' meeting on June 21, 2024, expressing optimism for the year with the launch of new cars from BMW, Porsche, and MINI leading to continued strong sales orders, alongside an increasing share of electric vehicle sales, which is expected to drive overall annual business growth. The company highlighted BMW's complete line of electric vehicles, including seven new generation models such as iX1, iX2, i4, i5, i5 Touring, iX, and i7, maintaining its position as the leading luxury electric vehicle brand with electric vehicle sales accounting for over 80% growth compared to the same period last year. Additionally, Porsche plans to introduce several new vehicle products in the second half of the year, including the all-electric Macan EV and the new Taycan series, with the possibility of official delivery by the end of the year. Fancy Eternal Real Estate aims to continue implementing sales plans for electric vehicles in cooperation with brand manufacturers and general agents, introducing more environmentally friendly electric vehicles, setting up DC fast charging stations and charging spots in all dealership regions in Taiwan to boost stable growth in electric vehicle sales market share.
Source: YAHOO
Reported 8 months ago
Tainan Enterprise (1473) has seen an increase in customer orders, with market expectations high for this year's operational growth. Institutional investors are back in the market, with the stock price correcting from the previous high of 57 yuan, rebounding after not breaking the short-term monthly line of 46 yuan. On the 21st, trading volume broke through the five-day moving average, closing at 51.2 yuan and returning above all short-term averages. Short-term weekly downtrends are gradually converging, while monthly and quarterly trends remain upward. The 9-day KD value is trending up and may cross over at low levels soon. With increasing trading volume, the short-term bull rebound momentum is strong. In the short term, if trading volume gradually increases and resolves the short position around the previous high of 57 yuan, there is a chance for the stock price to challenge its peak again. Customer ordering momentum is strengthening, visibility extends to the third quarter, and production line efficiency improvements are expected to boost this year's operational performance compared to last year.
Source: YAHOO
Reported 8 months ago
Chappell Roan, a rising pop star, received a standing ovation for her late-night debut performance of 'Good Luck, Babe!' on 'The Tonight Show Starring Jimmy Fallon.' The hit single tells a story of a closeted queer love experience, resonating with audiences and showcasing Roan's powerful vocals. Her debut album, 'The Rise and Fall of a Midwest Princess,' recently hit No. 1 on the U.S. iTunes charts after successful performances at Coachella and NPR's Tiny Desk, establishing her as a rising talent in the music industry.
Source: YAHOO
Reported 8 months ago
Chipotle is implementing a 50-for-1 stock split, where each shareholder will receive 50 shares for each one they hold, reducing the price per share from about $3,220 to $64. Chief financial officer Jack Hartung stated that this aims to make the stock more accessible to employees and a wider range of investors. Stock splits like this are meant to make stocks more affordable without impacting existing shareholders negatively, with research suggesting that companies that split their stock tend to outperform the S&P 500 in the short term. Trading at the split-adjusted price begins on June 26th.
Source: YAHOO
Reported 8 months ago
Recent surveys show that many Americans prefer to age in place in their current homes during retirement. However, NextAvenue's analysis suggests that there could be unforeseen consequences to this concept. The columnists Edd and Cynthia Staton caution that declining health and mobility issues may make aging in place less feasible, with safety concerns such as falls being a significant risk in homes not designed for aging. Additionally, social isolation and neighborhood changes over time can impact the well-being of older adults who choose to remain in their homes. Renovations, including those financed through options like reverse mortgages, are becoming more common to address these challenges.
Source: YAHOO
Reported 8 months ago
Evercore ISI recently raised its year-end target for the S&P 500 to 6,000, the highest target on Wall Street. Julian Emanuel, Senior Managing Director of Equity, Derivatives, and Quantitative Strategy at Evercore ISI, explained that they do not see signs of a market bubble forming, and there are no red flag signs of a recession based on jobless claims numbers. The firm remains optimistic about higher stock prices due to factors such as subdued sentiment and the Fed's cautious approach, expecting more room for growth. Emanuel also discussed the market's confidence in the Fed's ability to handle rate cuts appropriately, emphasizing the importance of avoiding policy errors.
Source: YAHOO
Reported 8 months ago
To maximize retirement income, understanding Social Security spousal benefits is key. Lower-earning spouses can receive up to 50% of their higher-earning spouse's benefit at full retirement age. Qualifications involve age, marital status, and specific life events. Working with a financial advisor for personalized strategies is recommended. Calculations consider factors like full retirement age, claiming benefits early or late, and impact on other retirement benefits or for widows/widowers. Divorced spouses can also claim benefits under conditions, including marriage duration and age requirements.
Source: YAHOO
Reported 8 months ago
Source: INVESTORS