Reported about 1 year ago
Taichung's Unit 2 rezoning area, adjacent to Unit 7, has been developing with a dual-core, mutual companion mode, establishing the status of luxury housing and villa settlements. The area, known as 'Fertile Moon Bay,' is becoming increasingly popular among developers due to its low-density development, proximity to key technology corridors, and easy access to transportation networks like the Taichung High-Speed Rail and highways, leading to rising land and housing prices. Unit 2 rezoning area, especially, has become a prominent location with high-end amenities and luxury homes, attracting brands like Elite, Lu Fu, and Double Oak Homes. Unit 5 rezoning area, on the other hand, boasts strong transportation links and has also caught the attention of developers, with projects like Elite SKY ONE and Lu Fu Xusen gaining popularity.
Source: YAHOO
Reported about 1 year ago
On June 30, 2024, the Executive Yuan recognized National Tai's long-term commitment to campus anti-drug education, praising their efforts in implementing administrative counseling systems and organizing anti-drug awareness activities since 2013. At the 'Anti-Drug Outstanding Individuals and Organizations Awards Ceremony' held on International Anti-Drug Day on June 26, President Lai Ching-te presented the award to National Tai's Charitable Foundation Chairman Huang Diao-gui, making them the only financial institution on this year's winners list. This marks their second consecutive win after 2018, acknowledging their continuous promotion of campus anti-drug education to provide a healthy and drug-free future for the younger generation. Through collaborative efforts with various organizations and schools, National Tai has conducted nearly a thousand campus visits and involved over 10,000 volunteers, benefiting more than 2.5 million students. They plan to further enhance anti-drug advocacy and extend it to anti-fraud initiatives to ensure students can grow up healthy and happy.
Source: YAHOO
Reported about 1 year ago
玉山銀行主辦長興材料5年期61.2億元聯貸案，聯貸資金將用於償還金融負債及提高營運週轉金，有十家金融機構參與並超額認購200％。此聯貸案為玉山第二次主辦長興永續連結聯貸案，授信條件將考量永續因素，鼓勵長興材料實踐永續經營。長興材料自2019年入選台灣永續指數成分股後，致力綠色產品發展，設立2030年綠色目標，並取得多項ESG獎項肯定。玉山銀行在ESG推動上取得卓越成績，持續引領亞洲金融業，永續連結貸款餘額居台資行業前列，展望未來將持續投入各項ESG作為。
Source: YAHOO
Reported about 1 year ago
Yuanta Securities, a long-time player in the warrant market, emphasizes providing quality warrants with stable volatility, ensuring a secure and transparent trading environment for investors. To show appreciation to warrant investors, Yuanta launches a monthly lucky draw campaign from July 1 to December 31, encouraging investors to participate by meeting purchase thresholds to win prizes such as convenience store vouchers and cash rewards. By doubling the chances, Yuanta aims to enhance investors' opportunities in the draw. Detailed information is available on the official Yuanta Warrants website.
Source: YAHOO
Reported about 1 year ago
Starting from July 1, 2024, several new regulations in China come into effect, covering areas like consumer loans, transportation, finance, and healthcare. Regarding finance, three financial laws concerning credit management were amended and implemented by the China Banking and Insurance Regulatory Commission, with a clear stipulation that the term for personal consumer loans should not exceed five years, or up to ten years for longer cash flow cycles. The revisions aim to enhance credit management abilities of commercial banks, prevent financial risks, and improve the quality of financial services by specifying loan terms and optimizing loan structures.
Source: YAHOO
Reported about 1 year ago
As of June 30, 2024, geopolitical risks continue to influence oil prices, coupled with the high summer demand in the United States, leading to increased oil demand and further pushing oil prices upwards. However, the latest report from the U.S. Energy Information Administration (EIA) revealed a sudden surge of 3.6 million barrels in crude oil inventories for the week ending June 21, contrary to market expectations of a reduction by 2.9 million barrels, limiting the price increase. New York oil futures have regained all moving averages, stabilized above $80, turning into bullish control. Therefore, before breaking below the seasonal line, short-term New York oil futures still have the opportunity to advance. The upcoming inflation report on the 28th indicating an increase in the Personal Consumption Expenditures (PCE) price index may ease rate cut expectations, potentially supporting further oil price increases. Investors can participate in the oil market through Brent crude futures issued by the Taiwan Futures Exchange, where Brent crude futures (BRF) priced in New Taiwan dollars with a margin of 65,000 NT dollars per contract and a tick value of 100 NT dollars. (Provided by Yuanta Futures, compiled by Huang Yanhong) For more commercial times reports on overseas trading, high transaction volume surged to NT$4 trillion in the first 11 months. How is the land identified? A reasonable construction period is finalized. Micron soared over 9% in early trading, and memory group stocks rejoiced.
Source: YAHOO
Reported about 1 year ago
The Financial Supervisory Commission issued the 'Sustainable Development Action Plan for Listed Companies' on March 28, 2024, requiring listed companies to prepare sustainability reports starting next year. Amendments to the 'Guidelines for Public Offering Companies to Establish Internal Control Systems' and 'Criteria for Assessing the Effectiveness of Internal Control Systems' were made on April 22 this year to further promote the establishment of internal control systems for 'sustainable information management' as a necessary annual audit item for listed companies from next year, assisting them in achieving sustainable development goals. To help companies plan and respond early, the GreTai Securities Market will hold four 'Internal Control Advocacy Meetings for Sustainable Information Management' in cooperation with the Stock Exchange, Futures Exchange, Securities Depository, and Institute of Audit. The events will take place on the 8th at the Han Lai Hotel in Kaohsiung, the 17th at the EVA Airways Hotel in Taichung, the 23rd at the Sheraton Hotel in Hsinchu, and the 30th at the Taipei International Convention Center, inviting representatives from listed companies to attend.
Source: YAHOO
Reported about 1 year ago
On June 30, 2024, the Taiwan and US stock markets hit record highs, with the financial industry's pre-tax profits for the first five months reaching NT$483.9 billion, an all-time high for the same period. Banks, securities, and insurance companies all outperformed the same period last year, showing a 93% year-on-year increase of NT$233.9 billion. With the stock market continuously rising in June and the dividend distribution season approaching, it is expected that the financial industry's profits will continue to rise. Banks and life insurance companies were the key profit drivers in the first five months, contributing 51% and 36% respectively, with insurance making a significant comeback as a profit contributor this year. Bank profits for the first five months reached NT$248.1 billion, a 12% increase year-on-year, while insurance profits surged to NT$176.5 billion, a substantial increase from last year's losses of NT$7.3 billion. Property insurance companies also saw a significant recovery in profits, with underwriting profits increasing by NT$25.6 billion in the first five months.
Source: YAHOO
Reported about 1 year ago
On June 30, 2024, Big City Far East Mega City Shopping Center thrives in corporate ESG and wins the AREA Asia Corporate Social Responsibility Award 'Social Welfare Development Award' and 'Green Leadership Award' again this year. The Chairman Li Jingfang also receives the AREA Asia 'Responsible Corporate Leader Award'. With a focus on arts education, Big City has hosted over 630 arts education activities attracting 1 million participants even during the COVID-19 pandemic, nurturing young talents and supporting various art forms. The successful integration of environmental initiatives and technology has positioned Big City as a leader in green practices. Li Jingfang emphasizes the importance of sustaining positive impact and fostering a sustainable future through responsible corporate practices.
Source: YAHOO
Reported about 1 year ago
American families are finding that the cost of childcare each month is higher than their mortgage or rent, becoming a significant expense. Across cities like New York and smaller areas, childcare fees continue to exceed housing costs, putting a strain on finances. This situation has led to some women leaving their jobs to stay at home with children due to the high childcare expenses. Recent studies show that the average childcare cost for two children surpasses the average rent in 50 states and the average mortgage in 45 states, making it a substantial financial burden for families across the US.
Source: YAHOO
Reported about 1 year ago
Juyang Industries has long been committed to environmental conservation and cultural preservation in Taiwan. Since 2015, they have supported the Wilderness Conservation Association to protect the Yilan Wu-Er-Jia Wetland and promote local cultural landscapes, driving regional revitalization. In July 2024, they will host an art festival at the wetland for the first time, inviting both local and international artists and residents to create together, showcasing the beauty of nature and culture. This wetland holds rich, low-pollution natural ecology with valuable biodiversity conservation value, attracting numerous migratory birds each winter. Through art festivals and interactive workshops, they aim to bring people closer to the wetland, allowing them to experience its beauty and history, fostering a vision of symbiosis with the wetland.
Source: YAHOO
Reported about 1 year ago
Taiwanese automotive finance leader Herun Enterprises (6592) has been recognized for the third consecutive year for their efforts in promoting motorcycle safety in the country. They recently received the Asia Responsible Enterprise Awards (AREA) for their 'Motorcycle Safety Project,' which aims to address the high rate of motorcycle accidents in Taiwan. By collaborating with suppliers, schools, and government agencies, Herun Enterprises has implemented various initiatives such as safety seminars, sponsoring driving courses, and promoting safe driving behaviors, significantly reducing violation rates among trained individuals. Their proactive approach to motorcycle safety has not only elevated their service value but also fulfilled their corporate social responsibility, with plans to continue collaborating with partners to raise public awareness on traffic safety in the future.
Source: YAHOO
Reported about 1 year ago
Managing financial risks has been a top priority in recent years for China, prompting its banking industry to expedite the disposal of non-performing assets. From 2020 to 2023, financial institutions in the banking sector have consistently disposed of non-performing assets totaling over 3 trillion yuan each year, with a similar trend expected for this year. Various listed Chinese banks recently held shareholder meetings, highlighting the ongoing focus on non-performing asset disposal. Measures such as the transfer of non-performing loans have been in pilot for over three years, with small and medium-sized banks increasingly participating. As banks face growing pressure from real estate risks, clearing and disposing of non-performing assets have become imminent tasks for the industry.
Source: YAHOO
Reported about 1 year ago
One of the key factors that will affect the timing of the Federal Reserve interest rate cut is whether the US labor market cools down; recent economic data shows a slowdown in US economic growth and a decline in the inflation index, providing space for the Federal Reserve to cut interest rates. Despite the rise in Nasdaq and S&P 500 before the critical US inflation report, Micron's financial report caused a sharp decline in semiconductor stocks, making investors cautious about the US economic and inflation outlook. The market expects the Federal Reserve to begin cutting interest rates later this year, but the extent and speed of the cuts remain uncertain. The slowdown in US economic growth and the decline in inflation provide room for the Federal Reserve to cut rates over the next two years, with labor market conditions being another key variable to watch. With large-cap technology stocks expected to resume their upward trend in the third quarter as the sell-off pressure from the end of the quarter has eased, US stocks are expected to continue in an upward bias. The US stock index futures (excluding Dow futures) launched by the Taiwan Futures Exchange hit new highs in mid-June, corrected near the 10-day moving average before rebounding, pushing back to the previous highs. The bullish pattern of the three major index futures remains strong. The Dow futures have also followed this bullish trend, establishing short, medium, and long-term bullish patterns, but close monitoring of economic data and the effects after the first US presidential debate are still needed. (Analysis provided by Yuanta Futures analyst Jiang Zhongkang, compiled by Huang Yanhong)
Source: YAHOO
Reported about 1 year ago
The layout of PCB industry factories in Thailand is set to land and start production, with companies like Unimicron (8039) opening a factory in May, and Tripod Technology Corporation (3715) estimating mass production in the fourth quarter. By the first half of 2025, the industry is expected to enter a peak of trial and mass production. Several major PCB manufacturers have clear schedules for trial production in Thailand, indicating a potential for a complete PCB industry cluster in two to three years. Companies such as Tripod Technology Corporation and Chin-Poon Industrial Co. Ltd. are expanding their investments in Thailand, expecting rapid maturity of the PCB industry in the country. The expansion is also seen as a strategic move considering investments in the PCB industry in Vietnam in recent years.
Source: YAHOO
Reported about 1 year ago
As of May, the total assets under management (AUM) of national banks' wealth management have reached NT$1.947 trillion, with a significant increase to 8,872 clients, up by 77%. Market estimates indicate a shift towards bonds due to expectations of a year-end rate cut by the Federal Reserve, leading to a historic high bond percentage of 12.4% in May. The intense competition among 12 banks for high-net-worth clients has led to frequent ranking changes, with Mega Bank, Cathay United Bank, and First Bank exchanging top positions in April and May.
Source: YAHOO
Reported about 1 year ago
Last year marked the 60th milestone of Hitachi Taiwan's establishment. In light of industry development, succession planning, and sustainability, the board of directors held elections on June 25th, leading to the appointment of Su Yizhong as Chairman, succeeding his role as President. Meanwhile, Wang Xuanlang, with nearly 40 years of service in the company, assumed the position of Chairman and General Manager, aiming to uphold the core values of 'professionalism, innovation, and service' for Hitachi Taiwan's future. Reflecting on their 30-year partnership with Hitachi, Hitachi Taiwan has successfully spread its products across various sectors and is now focusing on organizational optimization and customer-oriented solutions for continued success in the air conditioning market.
Source: YAHOO
Reported about 1 year ago
Global economic growth in the first half of 2024 exceeded expectations, leading to adjustments in economic outlook for the second half of the year. Foreign banks predict continued moderate economic growth without affecting stock market performance. Inflation remains on track, with expectations of a soft landing. Major countries have revised their economic growth rates upwards, with the U.S. GDP projected at 2.5%, the UK at 0.6%, the Eurozone at 0.8%, and Taiwan expected to maintain over 3% growth due to support from the technology sector. Inflation is expected to ease in the U.S., UK, and Eurozone, with the possibility of a Fed rate cut in September. Stock markets in Europe, the UK, Japan, and the U.S. remain attractive for investment, with expectations of reaching new highs by 2025. The stock markets in Asia are also expected to continue growing, driven by high demand for semiconductors and AI applications.
Source: YAHOO
Reported about 1 year ago
As the second half of the year brings the peak season, coupled with Apple's new themes, G.lite and Yujing both express optimism for their Q3 operations. Following Apple's launch of Apple Intelligence that significantly upgrades Siri functionality and integrates the GPT-4o model, the anticipation of the iPhone 16 Pro and Pro Max with 5x optical zoom lenses is expected to drive older model upgrades, boosting sales for the iPhone 16 and benefiting G.lite and Yujing. Observers predict that the shift to periscope lenses in the iPhone 16 series will increase the average selling price, with G.lite poised to be a major beneficiary. G.lite's Chairman, Lin Enping, expects peak performance in September, October, and November, while Yujing's Chairman, Chen Tianqing, is equally positive for the second half of the year due to ongoing optical applications growth in Android phones and VR products.
Source: YAHOO
Reported about 1 year ago
Darfon (6526) is seen as a potential golden stock in the Taiwan stock market, specializing in providing high-performance, low-latency, and low-power consumption network infrastructure and advanced AI IoT chips. With its focus on high-end markets and diverse applications, Darfon has gained favor from institutional investors, receiving a 'buy' rating and a speculated fair price of 940 NTD. Along with other companies like TSMC and MediaTek being considered for the golden stock status, Darfon's growth prospects in various technology sectors are predicted to contribute to its potential rise as a part of the 'almost golden stock group'.
Source: YAHOO
Reported about 1 year ago
Recently, the strong earthquake in Hualien caused damage to multiple buildings and residences. Bosch Power Tools teamed up with their long-standing distributor, Hsiao's Enterprise Co., Ltd., to donate power tools to the Mustard Seed Mission in support of post-disaster recovery efforts in Hualien. Bosch Power Tools, a division of Bosch Group, a leading global supplier of power tools, gardening tools, accessories, and measurement tools, aims to introduce over 100 products in 2024. General Manager of Bosch Power Tools, He Wenguang, emphasized the company's commitment to corporate social responsibility by assisting local communities like Hualien, helping with post-disaster housing repairs and aiding residents in restoring their homes.
Source: YAHOO
Reported about 1 year ago
The first round of the French parliamentary elections took place on June 30, 2024, with predictions showing Marine Le Pen's far-right National Rally could gain the highest share of votes but may struggle to secure an absolute majority, requiring the results of the second round on July 7 for clarity. The National Rally and the Eurosceptic anti-immigration stance are leading in polls, expected to secure 35% of support to become the largest party in parliament, followed closely by the 'New People's Front' leftist alliance with an estimated 25%-26% support. President Macron's centrist alliance is likely to only get 19% support. The complex French election system makes seat distribution uncertain until the second round. Experts suggest a likely scenario of a hung parliament if no party secures over half of the 577 parliamentary seats. If the National Rally wins a majority, it would be France's first far-right government since WWII, potentially leading to a power-sharing government with Macron handling defense and foreign affairs while the National Rally-led government focuses on domestic and economic policies, potentially with Le Pen aiming for the 2027 presidency.
Source: YAHOO
Reported about 1 year ago
若蘋果新機iPhone 16及iPhone 16 Plus的記憶體確實從6GB提升至8GB並內建OpenAI ChatGPT4o，將推動果粉換機潮，也帶動記憶體產業迎來新商機。此舉將有望強化iPhone的多工執行效能，並支援Apple Intelligence的AI應用，預計吸引消費者升級至新機以應對更高的硬體需求。
Source: YAHOO
Reported about 1 year ago
On June 30th, Taiwan's three major telecom companies shut down their 3G networks, marking the end of 3G services that have been in operation for over 20 years. As of the end of June, Taiwan's 5G user base has officially surpassed 9.06 million, reaching a penetration rate of nearly 39% among the population and over 30% among all mobile users. The closure of 3G networks may pose challenges for users with 53.39 thousand 3G devices. The telecom industry has also witnessed a significant increase in 5G users with Chunghwa Telecom, Taiwan Mobile, and Far EasTone having a combined market share, establishing a competitive landscape in the market.
Source: YAHOO
Reported about 1 year ago
With the opening of the Asia Biotech Expo in July, Poya and Shiyang are benefiting. Poya expects a 15%-20% growth in CDMO revenue this year with over 15 commercialized production projects globally, while Shiyang plans to expand its production capacity for colored contact lenses from 5 million to 10 million per month by year-end. Poya recently acquired a sterile drug manufacturing plant in Maryland, USA, aiming to enhance its CDMO capacity. Shiyang's revenue is expected to surpass last year's full-year earnings by the end of the first half of this year, showing strong growth potential.
Source: YAHOO