Reported 11 months ago
Arcee is boosting its operations with involvement in the Taiwan Power Company's robust power grid project and receiving overseas factory orders from semiconductor giants, with current orders amounting to 10.3 billion NT dollars and visibility until 2028. The company is expecting revenue and profits to surpass the previous year with the introduction of various large-scale solar inverters. Additionally, Arcee is expanding into green energy industries such as solar power, energy storage, and charging stations, while continuing to focus on supplying crucial equipment for the semiconductor market and power infrastructure projects.
Source: YAHOO
Reported 11 months ago
Financial institutions are strengthening sustainability development by establishing sustainability offices or committees, recruiting talent in sustainability, actively encouraging employees to obtain relevant certifications, and providing subsidies for exams like sustainability development basic competency assessments and corporate sustainability managers. Various banks in Taiwan such as Hua Nan Bank, First Bank, Land Bank, and Taiwan Business Bank are actively supporting staff in pursuing sustainability certifications to enhance their skills and contributions in this field.
Source: YAHOO
Reported 11 months ago
华票董事长张政权表示，随着欧美通胀放缓和人工智能发展明确，台股表现良好，未来市场虽有不确定性因素，但预计下半年将逐渐好转。公司第一季度营运亮点包括市占率高、资产品质佳、以及良好的股东权益回报率，与去年相比净收入和净利润均有显著成长，惠誉信评也对其长期信用评级予以确认。
Source: YAHOO
Reported 11 months ago
The '2024 Investment New Trends Series Seminar' in Taichung, co-organized under the guidance of the Financial Supervisory Commission and Securities and Futures Bureau on June 22, highlighted the recent surge of nearly 30% in the Taiwan stock market due to the AI frenzy. Senior stock analyst Du Jinlong stated that the current market is in the eighth major cycle, currently in the 'initial upswing phase' and is expected to enter a main upswing period after a short-term rest. Du attributes this growth to AI technology, predicting sustained market momentum with companies like TSMC, MediaTek, Foxconn, and Quanta experiencing significant increases. The article discusses the market's performance in relation to previous cycles and technical analysis, foreseeing a correction in the short term but anticipating a true 'primary upswing phase' for the Taiwan stock market. Du also suggests that the market will focus more on the Fed's interest rate cuts after the U.S. presidential election in November, which will influence market dynamics. The article concludes by mentioning the establishment of a 2.5 billion USD syndicated loan by Mega International Commercial Bank and other industry news.
Source: YAHOO
Reported 11 months ago
Nanjun International (6584) plans to issue 1 billion yuan of convertible bonds (CB) in the third quarter to repay bank loans. The company aims to use the funds raised to support the production capacity of GB200 and secure supplies from an AI chip factory in July. Nanjun is expected to become one of the designated material suppliers for the chip factory, leading to a new outlook in the server slide track supply chain. With the debt ratio at 43%, Nanjun anticipates entering the GB200 supply chain and starting mass production in the third quarter, with expected growth in revenue and profit margins.
Source: YAHOO
Reported 11 months ago
As the second quarter comes to an end and a new quarter begins in June and early July 2024, investment trusts in Taiwan have been actively adjusting their portfolios, with a total net purchase of NT$5.928 billion on June 26th, amounting to a cumulative three-day net purchase of NT$17.727 billion. Investment experts note a focus on stocks that could potentially be included in high-yield ETFs or new Taiwan stock ETFs, and 15 stocks have been identified with over 1.5 million shares purchased continuously for three days or more, including Evergreen Marine Corp. - 2618. Among the highlighted stocks, only one is from the technology sector, with six in finance and the rest in various traditional sectors such as aviation, cement, textiles, plastics, automobiles, and construction.
Source: YAHOO
Reported 11 months ago
星亞視覺原計劃登錄興櫃，但因監察人全體解任，櫃買中心取消其申報生效案，暫時取消登錄興櫃一案，未來須補選監察人後再次申請，將至少延遞兩個月。
Source: YAHOO
Reported 11 months ago
In the final two days of the accounting season, with strong support from local investors, the Taiwan stock market closed up 110 points or 0.48% at 22,986 points. The OTC market under local investor control had a greater increase of 1.06% compared to the centralized market. Market experts point out that local investors are boosting market sentiment through accounting activities, particularly in green energy and biotech stocks. Foreign selling pressure decreased, with institutional investors showing continued interest in Taiwanese stocks. Key areas of interest include the tech, biotech, and green energy sectors.
Source: YAHOO
Reported 11 months ago
Taiwan-based food company, securities listing vendor Alexsung, has decided to withdraw Mos Burger's overseas business in Xiamen to assess overall development, but Huang Maohong, Chairman of the Dong Yuan Group, which introduced Mos Burger in Taiwan, stated that Mos Burger has not 'withdrawn or abandoned China,' just taking a temporary break and shifting its overseas development focus to the Philippines and Australia. Huang emphasized that the 'China market must not be ignored.' The Taipei International Food Exhibition opened with the Dong Yuan Catering Group renting 84 booths, the largest exhibitor this year, and specially planned the 'Assurance Agricultural Science Plant' area, aiming to enhance food production processes, innovative research and development technology, expand to the international market, and contribute to the agricultural sector of Pingtung County in Taiwan.
Source: YAHOO
Reported 11 months ago
The three major payment platforms, Street Pay, Full Pay, and E. Sun Wallet, partnered with Japan's PayPay last year and have seen a remarkable growth, with transaction volumes doubling within recent months. These platforms have tapped into the trend of cross-border scan code payments, especially popular among Taiwanese travelers in Japan. With the ongoing Japanese travel boom and upcoming summer travel peak season, these platforms are expected to see significant growth opportunities in Japan's consumer spending, with Street Pay alone projecting a 3-5 times increase in transactions by the end of the year.
Source: YAHOO
Reported 11 months ago
「2024看見台灣AI元宇宙 未來已來」高峰會將於6月28日直播，探討AI元宇宙發展趨勢及沉浸式光影藝術。活動邀請專家就AI技術應用、新創美學、科技與人文交流等議題進行討論，並分享具體實例與未來展望。如對AI元宇宙發展或藝術創新有興趣者可參與線上收看，完全免費。
Source: YAHOO
Reported 11 months ago
The Financial Supervisory Commission announced the launch of a 'Sustainable Finance Certification,' administered by the Securities and Futures Institute, Financial Training Institute, and Insurance Training Institute, with exams divided into basic and advanced levels. Over 3,200 individuals signed up for the first basic exam, with almost a 50% pass rate. The certification aims to promote sustainable finance, encouraging both finance professionals and the public to understand and engage in sustainable practices. Non-finance professionals and students interested in sustainability can also participate in the certification process. Advanced certification requires completion of specific modules and exams with a pass mark of 70% or higher.
Source: YAHOO
Reported 11 months ago
As summer begins on June 26, 2024, three major summer concept stocks in Taiwan's stock market, including gaming, biotechnology, and Paris Olympics-related sports concept stocks, are surging. Small and medium-sized stocks in Taiwan outperformed the centralized market, with funds flowing into cultural and biotech industries. Summer vacation approaching boosts gaming stocks, such as Chilli (4946), Winchannel (3293), and biotech stocks like Sentons (1784) and Sentons Genes (4160), as well as Paris Olympics-related sports concept stocks like Laiyi-KY (6890), causing a significant increase in stock prices. Biotech stocks show positive signs, with the Biomedical index rising by 4.25% and 2.09% in the listed and OTC markets respectively. Favorable factors driving the surge are the early peak of the COVID-19 pandemic in July, leading to a jump in biotech stocks. In addition, the upcoming July biotech exhibition is attracting investors to look into relevant stocks for investment opportunities.
Source: YAHOO
Reported 11 months ago
As the technology war centered on chips escalates, the U.S. has taken actions to restrict exports of high-end chips, equipment, and materials to China, urging allies like Japan, the Netherlands, Germany, and South Korea to cooperate in blocking such exports. However, there are loopholes in the U.S.'s measures, and various countries and enterprises have different interests. Despite efforts to prevent personnel movements and halt exports to China, Chinese determination for self-sufficiency in semiconductor development remains strong. While the initial impact may slow down China's progress, in the long term, it may develop its own unique path in the industry.
Source: YAHOO
Reported 11 months ago
According to Wang Shu-yi's report from Taipei on June 26, 2024, at 4:10 pm, Merida's recent consolidated revenue has begun to rise, with analysts forecasting that Merida's EPS for the second quarter of 2024 is expected to rise to 2.50 yuan. Due to the completion of customer inventory adjustments and entering the peak season for shipments, bike manufacturer Merida (9914) and garment OEM factory Suntac (1477) have recently gained favor among analysts. Merida's performance is expected to significantly improve, with an estimated EPS of 9.4 yuan for 2024 and 12.08 yuan for 2025. Suntac's revenue in May reached 2.71 billion yuan, with a monthly increase of 21.4% and a year-on-year increase of 16.6%, setting a new high for the same period, and its revenue is expected to continue to rise in June.
Source: YAHOO
Reported 11 months ago
台股25日持穩，26日展開反攻行動，主要受惠權值F4股台積電、鴻海、聯發科、廣達表現優異。外資先前調高台積電目標價後，內外資機構一同提升鴻海與廣達目標價，分別達300元與400元。台積電收報960元，廣達為309.5元，聯發科略微上揚至1,405元，而鴻海微跌至210元。內部分析指出，鴻海具備AI雙引擎，預估2025年營收將超過8兆元，每股純益預計增加36.7%至14.83元。
Source: YAHOO
Reported 11 months ago
On June 26, 2024, the American electric vehicle company Rivian and the German Volkswagen Group announced a joint venture in electric architecture and software technology. Rivian, which has been struggling with losses and lower production volumes, received a $5 billion investment from Volkswagen, causing its stock to surge by 41% to $16.85 on June 26. Volkswagen plans to invest a total of $10 billion in Rivian, with $1 billion initially in convertible bonds and the remaining $4 billion by the end of 2026. This partnership will allow Rivian to increase the production of its R2 electric SUV and resume construction of a factory in Georgia. By collaborating with Volkswagen, Rivian aims to focus on integrating network architecture, topology, V-CPU, and related software platforms. Volkswagen is expected to use Rivian's electric architecture and software stack in its vehicles from 2025 onwards. The joint venture, set to be established in the fourth quarter, will have both companies sharing leadership roles, with Rivian appointing a CTO and Volkswagen a COO. This cooperation marks Volkswagen becoming the second traditional automaker to invest in Rivian after Ford. Despite this partnership, Volkswagen assures that its $20 billion plan to construct an EV factory in Southern California will proceed as planned.
Source: YAHOO
Reported 11 months ago
A recent study by Ericsson indicates that global 5G users' mobile data usage continues to increase, with 5G users consuming on average 2-3 times more data than 4G users. Early adopters of Augmented Reality (AR) technology are predicted to double in the next five years, especially in combining AR devices (such as AR glasses) with next-generation smartphones. The study also shows a rise in daily AR application usage among global 5G users, with Taiwan leading in AR usage surpassing the global average.
Source: YAHOO
Reported 11 months ago
Heyi Hotel Taipei Minsheng Branch is celebrating its 11th anniversary in July with a series of exciting accommodation, dining, and community activities. Special offers include discounts for guests with birthdays or ID numbers containing '1', birthday cakes for guests with the same birthday as the hotel (July 12), free second-night stay, complimentary breakfast and afternoon tea vouchers for two, and more. The anniversary celebration also features dining promotions, social media contests, and prizes for guests. Reservation details are available on the official website or by calling (02) 7706-3399. The promotion runs from now until August 31.
Source: YAHOO
Reported 11 months ago
At the Merida shareholders' meeting on June 26, 2024, a comprehensive election for the next board of directors took place, with Tseng Horng-chu re-elected as the chairman. Merida, a major bicycle manufacturer, reported an EPS of 5.66 yuan last year and announced a dividend of 6 yuan per share during the meeting. The company stated that they have seen a turnaround in the first half of the year, with revenue growth turning positive in April and May. With orders visibility exceeding three months, they anticipate a gradual increase in performance in the second half of the year. Merida Vice General Manager, Cheng Wen-hsiang, mentioned positive trends in the European and American bicycle markets, expanding sales in the mid-to-high-end domestic market in China, and the potential growth of electric bicycles (E-bikes).
Source: YAHOO
Reported 11 months ago
On June 26, 2024, at 4:10 p.m., Chen Yiguang, Chairman of First Securities Investment Trust, analyzed the overall economy and market trends. The U.S. inflation has eased recently, with jobs added in May exceeding expectations and unemployment rate slightly higher than predicted. Predictions show a high chance of a rate cut starting in September. European Parliament elections have led to a rise in far-right parties, causing disturbance. NASDAQ and the semiconductor index have hit new highs recently, with Apple performing well and set to release new products in 2024, boosting related supply chains. Despite recent gains in the Taiwan stock market, entering the prosperous second half of the year, positive sentiments remain high. Q3 is expected to benefit industries like semiconductors, AI servers, cooling, electronics, Olympics, and tourism. With the expansion of TSMC's CoWoS capabilities, EPS is forecasted to reach 40 NT$ by 2024 and further grow to 46-47 NT$ by 2025, with index highs not predetermined.
Source: YAHOO
Reported 11 months ago
Tang Hong Cabinets, based in Taiwan, has built the 'largest sheet metal factory in Taiwan' at the Yongkang Science Park in Tainan. By transitioning from OEM to ODM business models, diversifying industries, and providing innovative solutions, Tang Hong Cabinets has attracted customers back from abroad while adapting to US industrial policies. With a focus on AI development in the high-tech industry, Tang Hong continues to play a key role in the AI supply chain, ensuring Taiwan remains an important player in global technological advancements.
Source: YAHOO
Reported 11 months ago
Following the split of the Evergreen Group, EVA Air held a board meeting on June 26, 2024, and decided to acquire its subsidiaries Evergreen Aviation Services, Evergreen Sky Catering, and Evergreen Air Cargo Warehousing from its affiliate Evergreen International. The transaction involves purchasing up to 14,130,851 shares, 38,432,625 shares, and 13,649,392 shares, respectively, with a total amount not exceeding 3 billion Taiwanese dollars. EVA Air stated that the three subsidiaries were evaluated by an external expert company, and the final purchase details will be announced after the contract signing. The decision to increase the stakes was based on positive forecasts for the aviation industry and EVA Air's expansion plans, aiming to enhance portfolio performance, deepen industry integration, and boost competitiveness.
Source: YAHOO
Reported 11 months ago
In order to assist the healthy development of the green electricity market, Bank of Soil has partnered with Great Nature Energy to introduce the 'Green Electricity Price Trust' service, constructing a mechanism for trust transactions among power generation, sales, and purchases to effectively reduce the risks in green electricity transactions. With the trend of net zero carbon emissions and increasing demand for green electricity, the Ministry of Economic Affairs has established the Taiwan renewable energy certificate (T-REC) and green electricity trading platform. Recently, they have also allowed solar power plants of the second and third types to engage in reselling green electricity to renewable energy operators, who can then resell it to corporate users. Financial institutions not only recognize the trend of the green electricity market but also are promoting green financial products and services in accordance with the Financial Supervisory Commission's green finance action plan to assist enterprises in developing power generation and sales businesses. To ensure the safe flow of funds generated from the sale and purchase of green electricity between power generators, sellers, and buyers, Bank of Soil provides the 'Green Electricity Price Trust' mechanism to effectively reduce the risks in green electricity transactions by maintaining clear accounts, transparent cash flows, and a secure payment process.
Source: YAHOO
Reported 11 months ago
According to the latest real transaction data, Nanshan Plaza in the Xinyi planned area has taken the lead in the battle of premium office buildings. The rental price for the 36th floor in March was NT$207.8 million per month, with NT$5,074 per ping, the second-highest price in commercial office history following the 43rd floor at the end of 2022. The competitive market is driven by factors such as the limited supply due to the transformation of old offices, demand from large enterprises, and the pricing effect brought by new buildings in the area. The rent for office spaces in Taipei City has been steadily increasing, showing a significant upward trend in recent years.
Source: YAHOO