Reported about 1 year ago
The upcoming 2024 Summer Olympics in Paris, after a century of absence, will be hosted by the design capital itself, showcasing various innovations and talents. The attention-grabbing Olympic theme poster, created by French modern artist Ugo Gattoni, has garnered global acclaim for being the first Olympic poster to combine both the Olympics and Paralympics themes, taking over 2,000 hours to complete as a meticulously detailed handcrafted piece. Gattoni's surreal and colorful artwork invites viewers to explore the depicted Paris Olympics events, landmarks like the Eiffel Tower and Arc de Triomphe, and multiple hidden Olympic mascots, resembling a 'Where's Waldo' game, aiming to immerse audiences in a fantastical journey of storytelling and whimsicality.
Source: YAHOO
Reported about 1 year ago
On June 29, 2024, Chinese Premier Li Keqiang signed a State Council decree announcing the 'Rare Earth Management Regulations,' which will be implemented starting from October 1 of the same year. This is the first comprehensive regulation in the industry, aiming to strengthen the management of rare earth mining, smelting, and circulation. The regulations emphasize the protection of rare earth resources, stating that these resources belong to the state and must not be encroached upon or damaged by any organization or individual. Various measures to promote high-quality development in China's rare earth industry have been outlined, including unified planning, emphasis on technological innovation, and ensuring green and safe production practices.
Source: YAHOO
Reported about 1 year ago
On June 29, 2024, US President Biden received criticism for his poor performance in the first presidential TV debate, leading to calls within the Democratic Party for him to withdraw, including a strong statement from the New York Times editorial suggesting Biden should step down. However, former President Obama showed support for Biden amidst the calls for his replacement. The NY Times article highlighted Biden's inability to explain his second-term goals, tackle Trump's challenges, or hold him accountable for lies and failures. Biden's campaign team responded to the NY Times editorial by dismissing the call for his withdrawal.
Source: YAHOO
Reported about 1 year ago
Health is the greatest wealth, but stress is an invisible killer. Often, stress comes from external voices, so turning criticisms and concerns into positive nutrients is the main focus of this week. While opportunities are precious, impulsive actions under sudden emotions are likely to be the last straw. In terms of investments, it's best to stay calm and slow down. Lucky items and color: garnet and pink. Lucky numbers: 2, 9, 6, 3 and their combinations.
Source: YAHOO
Reported about 1 year ago
The personnel reshuffle within the management team of Shin Kong Financial Group accelerated with several key changes, including the resignation of Chairman Chen Huai-Chou due to personal health reasons, and the upcoming appointment of a new Chairman on July 1. The high-level personnel changes, affecting numerous individuals across the group's banking and life insurance subsidiaries, are being regarded as the largest-ever in the history of Shin Kong. The new Chairman of Taiwan Shin Kong Life is expected to be elevated from the Vice Chairman position, with the former Chairman temporarily leading the company before seeking a new candidate. Market analysts also predict other key appointments within the group, such as the promotion of the bank's General Manager to Vice Chairman and the appointment of new executives. Taiwan Shin Kong Life plans to expand its insurance sales channels with innovative strategies, while leveraging the group's support to grow its business through banking channels and other financial institutions.
Source: YAHOO
Reported about 1 year ago
Following the ex-dividend adjustment on June 29, 2024, Dongyuan (1504) showed a past-interest trend with a strong performance last Friday, closing at 53.5 yuan, up 1.3 yuan, with a turnover of 12,000 shares. After peaking at 63.3 yuan in April and then retracing with low volume, the stock fell below the quarterly line post-dividend in mid-June, facing significant selling pressure. Despite breaking through the semi-annual line, there is still heavy pressure above 57 yuan, awaiting increased turnover to support a bullish reversal. The company's board of directors underwent changes, with Li Mingxian taking over as chairman and former chairman Qiu Chenzhi becoming the group's vice chairman, ushering Dongyuan into a new era. The company may venture into the AI and semiconductor supply chain fields, while also planning to evolve towards a holding company. In other news, the Business Times reported on potential stock market connectivity between China and Switzerland, along with updates on real estate price trends and Taiwan's maritime sales dominance in the first half of next year.
Source: YAHOO
Reported about 1 year ago
京城银行（2809）五月的税后纯益为4.26亿元，环比增加0.28亿元，同比增长13％。累计到2024年前五个月的税后纯益达到28.05亿元，同比增长78.3％，税后每股盈余（EPS）为2.52元。市场关注京城银行的并购消息，公司董事长承诺会照顾小股东权益，在股东大会中也带动股价维持高位。京城银行股价28日收于60.9元，比上周五收盘价下跌6.1元。三大法人近五个营业日合计买超968张股票，其中外资买超5,896张、投信卖超2,791张、自营商卖超2,137张。
Source: YAHOO
Reported about 1 year ago
Japan's storage chip giant Kioxia, supported by Bain Capital, is said to be planning to submit a preliminary application for listing on the Tokyo Stock Exchange in the next few days, with the official application expected in August and the listing projected for the end of October, which could potentially be delayed until December. Sources revealed that Mitsubishi UFJ Morgan Stanley Securities and Nomura Securities are providing advisory services for the listing. Kioxia, formerly Toshiba Memory, faced financial difficulties in the past but was restructured with the support of Bain Capital and other technology companies, including SK Hynix, Apple, and Dell, and is now looking to go public. Despite facing losses in recent years due to market challenges, Kioxia is expected to return to profitability this year, driven by the recovery in the memory chip market demand and rising chip prices.
Source: YAHOO
Reported about 1 year ago
Despite numerous positive policies and interventions from the Chinese authorities, the performance of the A-Shares market in the first half of 2024 has been lackluster, with all three major indices recording declines. However, amidst this downturn, the number of dividend-paying stocks has significantly increased, becoming a highlight of the A-Shares market. Sectors like banking, oil and petrochemicals, and food and beverages have been particularly generous in their dividends. Despite challenges like weak domestic demand, a sluggish property market, and increasing local government debt, efforts to enhance the dividend distribution system has shown positive results, with A-Share companies collectively distributing a record high of 2.24 trillion RMB in dividends in 2023.
Source: YAHOO
Reported about 1 year ago
As Kaohsiung accelerates the development of the technology industry, the 'concert economy' is also thriving and increasing international visibility, creating a magnetic effect on consumer industries. Various businesses like KTV chains and restaurant groups are planning to establish branches in Kaohsiung to capitalize on the diverse economic structure and the influx of people and opportunities brought by the concert industry. With the efforts of attracting investment bearing fruit, Kaohsiung has become a well-known metropolitan area in southern Taiwan. The city is attracting more investments, especially in entertainment and food industries, driven by upcoming productions from TSMC and the AI trend led by NVIDIA. The article highlights the increasing competition in the KTV and restaurant sectors, with businesses from other cities expanding to Kaohsiung to tap into the growing market.
Source: YAHOO
Reported about 1 year ago
Peng Weilin / Taipei reported on June 29, 2024, 4:10 p.m. Taiwan stocks ended the last trading day of the first half of the year on the 28th, with the weighted index closing at 23,032, holding above the 23,000 mark. Institutional investors evaluate that funds are shifting from the market leader TSMC (2330) to various sectors, indicating a healthy sector rotation, aiming to challenge the 24,000 mark in the second half of the year. The main contributors to the strong performance of the Taiwan stock market in the first half of the year were heavyweight stocks TSMC and Hon Hai, but now funds are moving into green energy, regenerative medicine, pharmaceuticals, and robotics. Sector rotation into AI and robotics is significant, with stocks like Solomon surging by 3.5 times in two months. Additionally, the hot weather and high electricity demand have boosted green energy companies like Clouded Leopard Energy. Experts recommend considering Clouded Leopard Energy as a leading indicator of this trend and suggest focusing on solar energy, wind energy, and other power generation stocks as the mainstream investment targets for the summer peak. The article also mentions specific stock picks and upcoming trends in sectors like cooling systems, AI server demand, and AI robots.
Source: YAHOO
Reported about 1 year ago
In Taipei on June 29, 2024, at 4:10 PM, Taiwan stocks were affected last week by the fluctuation of the US stock AI leader NVIDIA's stock price, along with continuous foreign selling and a significant drop in the New Taiwan Dollar. The weighted index dropped to a low of 22,503 points. With the support near 22,500 points being crucial for Taiwan stocks, analysts suggest focusing on Smart (8176), Qiaoding (3057), Baiyan (3205), Xu Hui Yingcai (6698), and Bade (4563). As Taiwan stocks returned to 23,000 points on the 28th, short-term consolidation is expected between 22,500 and 23,500 points, recommending investors to buy low and sell high within this range. The selective stock sectors for this week include optical discs, shipbuilding, robots, panel equipment, and gallium arsenide, with a focus on companies like Smart, Qiaoding, Baiyan, Xu Hui Yingcai, and Bade showing positive potential for further growth.
Source: YAHOO
Reported about 1 year ago
In a June 29, 2024 editorial, it was discussed how artificial intelligence (AI) is influencing various industries, including finance. Nearly 99% of financial services in the United States have already applied AI in different ways by 2023. While AI is seen as a symbol of technology and profit, regulators in the US, UK, and other countries have recently issued warnings and regulations regarding AI applications in order to prevent potential risks. The concerns primarily stem from the societal impact of AI potentially causing widespread job displacement and widening the wealth gap, as well as the risks AI applications may pose to financial markets by increasing systemic risks and market instability.
Source: YAHOO
Reported about 1 year ago
As summer vacation season arrives, gaming companies are launching new products to capitalize on the opportunity. Companies like Gamania, NetDragon, Softstar, XPEC, Xun You, and Hwa Yi have seen their stock prices rise with new product releases, igniting the summer boom. PwC's Global Entertainment and Media Outlook report predicts that Taiwan's gaming and esports industry will reach a value of 38.86 billion USD by 2024, with a projected value of 44.64 billion USD by 2027. Many gaming companies have already released games for the summer season in June, with some experiencing significant success like the game '洶湧海豚' published by Softstar, achieving a 100% conversion rate on its debut day. Additionally, other games like 'MapleStory' and 'Tales of Wind' continue to launch activities to maintain engagement during the summer. Companies to watch include NetDragon and Xun You, which are focusing heavily on the overseas market this summer.
Source: YAHOO
Reported about 1 year ago
On June 29, 2024, Jinxiang Electric (2368) saw its revenue from AI server-related services exceed 20%. With a strong emphasis on AI concepts, the company went ex-dividend at 3.5 yuan on June 27. Despite experiencing a discount on the ex-dividend date, Jinxiang Electric rebounded on the 28th, with share prices rising to 207 yuan, marking a new high since going ex-dividend. The company's performance was driven by AI applications boosting the demand for HDI (high-density interconnect) boards, prompting Jinxiang Electric to double its Taiwan factory's expansion to 20%, with new capacity expected to come online in the third quarter of this year. The company anticipates stronger operations in the third quarter compared to the second quarter, with the latter half of the year poised to outperform the first half.
Source: YAHOO
Reported about 1 year ago
Chinese cross-border e-commerce unicorns Temu and SHEIN, popular in the US and Europe, are targeted by the EU's Digital Services Act, mandating them to provide specific information by July 12 this year on how they comply with regulations, including minor protection, transparency of recommendation systems, merchant tracking, and adherence to design rules. Failure could result in a fine of 6% of global revenue. Both companies are facing stricter regulatory policies under the EU law. The EU Commission demanded information following complaints from consumer organizations, with both firms required to explain user pathways to report illegal products and ensure users are not deceived or manipulated by dark patterns. Temu stated it will cooperate with the EU Commission, emphasizing commitment to compliance with all market regulations, while SHEIN noted it has already begun addressing the issues and vowed to collaborate closely with the Commission.
Source: YAHOO
Reported about 1 year ago
On June 29, 2024, the Taiwan Stock Exchange saw a significant increase of 1,858 points, closing the index at 23,032 points for the first half of the year. Despite a slight weekly drop from the historical high of 23,406 points, the fact that the monthly line has risen for five consecutive months remains. The market outlook is cautious but still leaning towards positive expectations. As the market transitions into the first week of July and the month of 'Xinwei,' the article emphasizes the need for cautious investment strategies due to the potentially turbulent energy of the current month. The investment horoscope for July points to overcoming obstacles in a positive development trend amidst a hidden aura of difficulties and obstacles. Short-term adjustments and profit-taking strategies are recommended in the current market climate.
Source: YAHOO
Reported about 1 year ago
As Pluto is retrograding in Aquarius, there will be increasing pressure at work that requires wisdom to handle. It's advised to let go of negative thoughts. Family luck also needs attention with care and warmth. Avoid major decisions affecting future family fortune this week. Investment luck is good with greater fluctuations leading to more profits. Lucky items and colors include emerald green. Lucky numbers are 1, 4, 5, 3, and their combinations.
Source: YAHOO
Reported about 1 year ago
On June 29, 2024, at 4:10 pm, the world's largest beauty conglomerate L'Oréal, with the mission of 'Creating Beauty, Touching the World,' focuses on preserving the environment, promoting social inclusion, and shaping the future of the beauty industry through science and innovation, bringing a positive impact to the world. Taiwan L'Oréal organized the 'Beauty Collaboration Exchange Day' around the themes of technological innovation, social participation, and environmental sustainability, showcasing breakthrough beauty technologies like the 'AirLight Pro' hairdryer and the 'HAPTA' lipstick assistant. They also launched the 'Beauty Innovation in Green (BIG BANG) Program' inviting Taiwanese startups to compete in sustainable projects with the support of L'Oréal's international resources, aiming to foster a beauty ecosystem with partners and customers.
Source: YAHOO
Reported about 1 year ago
Starting from July to the end of September, Shilla Duty Free Store will collaborate with popular illustrator KINGJUN to launch a 'Fantasy Adventure Journey' for travelers aiming to travel during the summer vacation rush. Customers who spend a certain amount will receive rewards, including exclusive KINGJUN gifts. iRich members will have the opportunity to obtain KINGJUN co-branded products. In July, purchases over NT$6,000 might win a trip to Finland to chase the Northern Lights. There are various promotions and rewards for different purchase categories until the end of September, including discounts on chocolates, local products, authorized products, toys, and more.
Source: YAHOO
Reported about 1 year ago
After the Taiwan stock market surged to a new high of 23,406 points on June 29, 2024, short-term adjustments were observed. Investment experts suggest maintaining the overall bullish structure, as the economic cycle is on an upward trend with Taiwan's stock market benefiting from the AI growth wave. While short-term fluctuations are expected due to rebalancing trades and market volatility, the fundamental strength of the market remains solid, especially in the semiconductor industry. Factors such as growing industrial production, strong orders, and increasing AI opportunities indicate a positive economic outlook, presenting a favorable investment atmosphere during market consolidation. Amid expectations of continued growth in industrial production and market liquidity, with a focus on sectors like green energy, electronics, and AI-related industries, the market is poised for sustained stability and vibrancy in the short term.
Source: YAHOO
Reported about 1 year ago
The Taipei Stock Market, resting last week along with major stocks like TSMC (2330) and Foxconn (2317), traded sideways. In this high market position, fund operation needs effective division and staggered purchases, focusing on small and medium-sized stocks like Yinghan (4562), Xuhui (6698), Lianyi (6658), Pu'an (2495), and Rende (2349). The stock market is expected to continue sideways this week, recommending to withdraw funds from heavyweight stocks until bearish gaps are filled. Among stock picks, the cooling sector is worth monitoring, as well as the strong performance of the robotics sector. Traditional industries like wind power and heavy electric are also worth watching due to AI-driven electricity demand growth. Standouts are automated equipment manufacturer Yinghan that benefits from the 5G wireless communication era and increasing demand for automation workstations, semiconductor equipment company Xuhui benefiting from AI-driven cooling needs, and Lianyi and Pu'an showing strength in the AI-driven visual and smart equipment demand.
Source: YAHOO
Reported about 1 year ago
特斯拉近期裁員後，特斯拉中國開始召回被解雇員工，甚至讓人資管理人員（HR）協助銷售車輛。裁員比例達10％以上，中國銷售服務部門更是重災區。公司計劃召回超過100名員工，重新計算裁員前的年資，但有部分被裁員工不願回歸。人力短缺情況下，特斯拉中國甚至讓HR協助銷售，該公司預計銷量增長率可能低於往年。
Source: YAHOO
Reported about 1 year ago
On June 29, 2024, Direct (1597), a manufacturer of linear motion products such as linear guides and linear motors, saw a slight increase in shipments in June compared to May. Despite foreign investors selling 54 shares on the 28th, the market showed strong buying momentum, causing the stock price to surge by 3.7 yuan to close at 75.3 yuan, breaking through all technical resistance levels. Consolidated revenue for May was 85 million yuan, down 16.56% year-on-year, and 413 million yuan for the first five months, down 19.63% year-on-year. Recently, orders from the semiconductor and electronics industries have been increasing, maintaining a two-month backlog, with expectations for better performance in the second half of the year. Direct participated in the Taipei International Food Equipment Exhibition, attracting attention with its miniature six-axis robotic arm, and plans to attend the Taiwan Printed Circuit Board Industry International Exhibition in October to increase product exposure.
Source: YAHOO
Reported about 1 year ago
Buoyed by positive developments in the AI leasing sector on June 29, 2024, at 4:10 pm, the stock price of GMI Corporation (3312) surged by 4.1% to 87 yuan on the 28th, marking a weekly increase of 22.36% and hitting a historical high. As GMI Cloud, the AI cloud service company of GMI Corporation, partners with NVIDIA in their cloud service provider program, becoming Taiwan's first cloud service provider certified by NVIDIA, GMI Corporation primarily offers hardware components, FAE, and hardware solutions, while GMI Cloud provides professional resources for AI servers through leasing contracts, which is poised to drive the company's operations forward.
Source: YAHOO