Reported about 1 year ago
During the shareholders' meeting held by Century Steel (9958) on June 28th, the company approved a cash dividend distribution of 3 yuan per share and re-elected Rong Wenzhang as the chairman. With active development in offshore wind power substructure components, the company expects this year's revenue to surpass last year's, as its production capacity is currently at full load and long-term plans include overseas expansion. Last year, Century Steel's performance was impressive, with a doubling of net profit after tax and earnings per share growth. In the first quarter of this year, revenue increased by 17.72%, and net profit after tax surged from 48 million yuan to 651 million yuan. The company will continue to develop offshore wind power projects internationally, while concurrently maintaining a strong focus on its steel structure business locally.
Source: YAHOO
Reported about 1 year ago
On June 28, 2024, the Japanese Yen depreciated over 13% for the year, falling below the 161 mark against the US Dollar and reaching a 38-year low. Atsushi Mimura was appointed to take over international affairs as the Deputy Finance Minister, replacing Masato Kanda. The government aims to stabilize the yen's excessive fluctuations caused by rapid devaluation. Despite verbal warnings from Japanese officials, including intervention plans, the yen remains weak due to significant US-Japan interest rate differentials.
Source: YAHOO
Reported about 1 year ago
On June 28, 2024, the KGI Asia Investment Strategy Department recommended investors to pay attention to the 'GUIDE' strategy for global layout in the second half of the year. The strategy comprises five parts: 1. 'Gold': buying gold and related mining stocks on dips; 2. 'Utilities' and 'AI': utilities stocks benefit from electricity demand and rate cuts; 3. 'Investment Grade (IG)': emphasizing investment-grade bond yields; 4. 'Defensive Stocks': increasing holdings in defensive stocks; 5. 'Eastern Regions': capturing Asian growth. This article continues to explore three core strategies focusing on aspects such as investment-grade bonds, defensive stocks, and the potential for overseas business expansion.
Source: YAHOO
Reported about 1 year ago
Taiwanese stock market analyst Jiǎn Bóyí provided an economic analysis on June 28, 2024, stating that the economic stimulus signal score for May released by the National Development Council remained at 35 points, signaling a continuous uptrend in the economy. AI applications' strong demand led to red lights across various indicators, indicating a warming economy. However, amidst a slight correction in the short term due to foreign capital outflows and global market consolidation, stocks related to cloud CSP giants like Microsoft and AWS remain promising. With the upcoming Paris Olympics and the Asia Biotech Conference in July, related sectors such as textiles, tourism, and biotech are expected to benefit from the business opportunities presented.
Source: YAHOO
Reported about 1 year ago
To boost Hong Kong tourism and retail industry, China's Ministry of Commerce and other departments announced on June 28 that starting from July 1, the duty-free allowance for mainland residents entering Hong Kong and Macao will be increased from the current 5,000 yuan to 12,000 yuan, though lower than the 30,000 yuan requested by the Hong Kong CPPCC. The new policy is expected to generate up to an additional 17.6 billion HK dollars in annual consumption. This move is part of ongoing efforts by the Chinese government to assist in Hong Kong's economic recovery and promote closer economic and trade relations under the CEPA framework.
Source: YAHOO
Reported about 1 year ago
Chunghwa Telecom announced a partnership with Time Art Multimedia on June 28, 2024, to collaborate on an AR 5G private network. They worked together to create a 5G enterprise network riverside AR application at the Guandu Container Market in Taipei, where visitors can interact with AR dinosaurs and container 3D models using Web AR on their mobile devices, enhancing the market's experience. The project utilized Chunghwa Telecom's 5G MEC edge computing services to reduce data transfer latency and improve security. The innovative application extended to various businesses at the market, integrating AR digital technology with food menus.
Source: YAHOO
Reported about 1 year ago
Kunyin (2365) saw its stock price surge under the influence of foreign investors on June 28, 2024, reaching the daily limit up at NT$38.8 with a trading volume of nearly 20,000 shares. The company's revenue for May 2024 increased by 55.65% year-on-year and by 1.99% month-on-month, showing positive growth trends. Kunyin also achieved positive growth in the first quarter of the year for the first time in 12 quarters, attributing the performance to ongoing cost control and product line strengthening efforts to enhance operational quality.
Source: YAHOO
Reported about 1 year ago
德微科技董事長張恩傑宣布公司近期併購整合效果明顯，將朝向高階IDM分離式元器件整合供應商的策略目標邁進，以加深產品競爭力及延伸品牌效應。公司在2023年取得亮眼成績，而今年前5個月的合併營收已較去年同期大幅增長29.47％。張恩傑強調隨著整合計劃進入尾聲，德微開始呈現出穩健的獲利能力，準備好邁向2024年的新階段。
Source: YAHOO
Reported about 1 year ago
Starting in 2022, Taiwan Power Company has been promoting a ten-year 'Resilient Power Grid Project,' benefiting heavy electrical and wire and cable industry companies and sparking a 'surge stock boom' in Taiwan stock market. Dadi Electric, a 70-year-old player among Taiwan's four suppliers of 345kV ultra-high-voltage power cables, made the decision to enter the emerging stock market in 2024. Chairman Lin Zhiming aims to break away from the family business and traditional industry stereotypes, leading the company on a new path. Known for its quality electrical wires and cables, Dadi Electric secured significant orders from Taiwan Power Company and is strategically positioned to seize opportunities in energy transformation.
Source: YAHOO
Reported about 1 year ago
Wu Pao Chun's bakery has unveiled a series of innovative taro-flavored baked goods including 'Taro Pizza' made with highland taro grown by the Siraya tribe, 'Taro Cream Puff' inspired by Hong Kong's layered pastry, and 'Coconut Taro Bun' using taro from Orchid Island. These creations honor Taiwan's indigenous food culture and highlight traditional taro varieties that are unique to the island, aiming to revitalize local culinary traditions through modern baking techniques.
Source: YAHOO
Reported about 1 year ago
Taipei, June 28, 2024 - As the first half-year and June stock market activities came to a close, Hui You, a robot concept stock linked to NVIDIA CEO Huang Renxun, saw a significant surge of 186.82% in June, securing the top spot for the month. The top performing stocks in the first half are dominated by smaller companies, with Taiwei leading the pack followed by many others doubling their stock prices. Large-cap stocks also showed impressive gains with TSMC standing out for increasing its market value by 9.675 trillion NT dollars in the first half. Overall, AI-related stocks have driven the market, with companies like NVIDIA, semiconductor, servers, robots, CPO, and Apple concept stocks taking the lead. Looking ahead to the second half of the year, market trends are expected to remain focused on AI stocks, while memory stocks, financial stocks set to pay dividends in the third quarter, and potential growth stocks in biotech, digital cloud, and green energy sectors are also worth keeping an eye on.
Source: YAHOO
Reported about 1 year ago
At a forum on June 28, 2024, the potential and application prospects of exosomes in medicine were highlighted by Dr. Kim Seong-Hun, the founder of Zymedi from South Korea. Dr. Kim shared insights on the secretion of a novel bioactive protein by exosomes - Aminoacyl-tRNA synthetases (ARS), which impact biomedical and cosmetic applications. Different ARS enzymes are found to be secreted in specific cells or stress environments, playing roles in various physiological processes like angiogenesis, immune regulation, wound healing, and stem cell activation. Three new drugs utilizing this technology are currently in clinical trials for treating diseases like pulmonary arterial hypertension and pulmonary fibrosis. Collaboration opportunities in exosome technology development with Taiwan companies were noted, along with advancements in cell reprogramming and regeneration techniques. The potential for using exosomes derived from mesenchymal stem cells to reduce eye inflammation and promote corneal repair was also discussed, offering new treatment possibilities for dry eye syndrome patients. The importance of close cooperation and resource integration in Taiwan's exosome research and industrialization process was emphasized by Prof. Li Cai-Kun, the deputy executive director of the Biotechnology Center.
Source: YAHOO
Reported about 1 year ago
Ju Yang Chairman Zhou Liping mentioned that customer order momentum is strengthening and order visibility extends until the first quarter of next year. He is optimistic about the economic outlook in the second half of this year, expecting third-quarter revenue to surpass 10 billion NTD, reaching a historical quarterly high. Despite the traditional slow season in the fourth quarter, the company's order backlog suggests revenue could exceed 10 billion NTD, indicating stronger growth momentum in the second half of the year. The company's long-term production capacity is also increasing each year to meet growing demand.
Source: YAHOO
Reported about 1 year ago
宜鼎國際宣布擴大日本業務，買下東京不動產，並預定7月1日開幕宜蘭研發製造中心二期，強化AI產能。旗下安提國際已有上市櫃計畫，致力於邊緣AI應用市場。另於董事會通過現金增資計畫，募得約新台幣1.38億元。公司亦購入日本東京不動產以擴大當地業務。
Source: YAHOO
Reported about 1 year ago
The 2024 Penghu Wind-chasing Music Light Festival will begin with a spectacular opening on August 30, featuring a lineup of dreamy performers. The festival will include five main themes spread across five Friday nights, aiming to attract music lovers and tourists to Penghu for an unforgettable experience. With the theme 'Sing and Dance in the Wind,' the event is expected to boost tourism and offer a vibrant atmosphere with various activities for visitors to enjoy.
Source: YAHOO
Reported about 1 year ago
Unizone Electronic (3293) has initiated a business outsourcing strategy and hired overseas consultants to expand its overseas market. The company's new strategy is aimed at maintaining steady profit growth while expanding internationally. With strong financial performance in the first five months of the year, analysts believe there is a high probability that Unizone may earn three times its capital in the first half of the year. The company's overseas revenue contribution has reached 53%, with a focus on gaming products in key markets such as the US and Southeast Asia.
Source: YAHOO
Reported about 1 year ago
Kang Ho Securities Investment Director Liao Ji-Hong mentioned on June 28, 2024, that the Taiwanese stock market surged by 8.77% in June, with the electronic weighted stocks leading the growth. Companies like TSMC, Hon Hai, MediaTek, Quanta, and Delta Electronics contributed significantly, with TSMC alone accounting for about 70% of the market's rise. Analysts are concerned about the concentration of market growth on a few tech giants, urging for a rotation towards large-cap value stocks for a more sustainable market. The article also discusses the overbought conditions and potential corrections in the market.
Source: YAHOO
Reported about 1 year ago
Unified Supermarket opened Park 17 Nanke Marketplace in Nanke on June 28, 2024, in collaboration with Nanke Management Bureau. The new complex features a nature, history, and technology-themed design, with 11 branded kiosks, a pharmacy, a Books.com.tw area, and personal mobile offices to cater to local needs, aiming for double-digit revenue growth post-renovation. The company plans to replicate this model in other areas like Tucheng, Taichung, and Kaohsiung Wan City to boost revenue. Unified Group Chairman emphasizes continuous expansion in stores and new market layouts, focusing on outdoor optimization, friendly planning, smart technology, diverse brands, and space activation to meet customer demands, creating a vibrant landmark in Tainan.
Source: YAHOO
Reported about 1 year ago
This week in the GreTai market, three new stocks joined, but the top three in terms of weekly growth were all taken by veteran companies: Hua Yang Precision Machinery (6983) in the electronics sector surged 37.6% to claim the top spot, followed closely by Chu Sheng Technology (6739) at 36.86%, with Yijun Environmental Technology in green energy and environmental protection taking third with a 30% increase. Overall, 183 out of 324 GreTai stocks maintained an upward trend this week, surpassing half of the stocks from the previous week, showing a strong performance. In particular, Hua Yang Precision Machinery's growth momentum was driven by the increasing demand for high-end electronic components in areas such as 5G, AI, and HPC, fueling growth in the AOI inspection application field.
Source: YAHOO
Reported about 1 year ago
At TSMC's technical forum in Yokohama on June 28, Chairman Wei Zhejia announced the goal for the local procurement rate of the Kumamoto plant in Japan to reach 60% by 2030, aiming to revitalize Japan's semiconductor industry. With Taiwan and Japan collaborating in various areas like semiconductor equipment, materials, and crucial processes, the resurgence of Japan's semiconductor industry seems promising. TSMC's strategic deployment in Japan includes vertical integration in Kumamoto, Yokohama, Osaka, and Ibaraki, indicating a possible shift from concentrating production lines in Taiwan to expanding investments in Japan.
Source: YAHOO
Reported about 1 year ago
台股上半年表現強勁，即將迎來股息高峰，約416家公司將陸續發放股息，總計6,907億元，有望注入股市活水。專家指出，股息再投入將成為股市提升的動能，預計第三季股市持續穩步盤堅。台新投顧副總經理預測，股市可能出現相對低點浮現後的資金挹注力道加強，形成股市指數的重要支撐，預估第三季台股高點有機會挑戰23,500點，甚至24,000點。
Source: YAHOO
Reported about 1 year ago
In a report by Zhang Ruiyi in Taipei on June 28, 2024, at 4:10 PM, the prominent analysis company, Hongkang (3587), maintained stable performance in the first half of the year. The company foresees a significant increase in demand for generative AI and expects a boost in consumer demand as AI continues to expand to the edge, leading to a potential overall recovery in consumer demand in the second half of the year. Hongkang is actively strengthening its presence in Taiwan, Japan, and China, setting the stage for future growth. With the rising complexity in chip processes and design, the demand for failure analysis (FA) and reliability analysis (RA) is increasing rapidly, benefiting Hongkang's continued growth. Through close collaboration with wafer foundries, Hongkang maintains a competitive advantage in the MA and FA fields by leading in developing testing technologies and deploying high-end equipment.
Source: YAHOO
Reported about 1 year ago
In the traditionally slow third quarter for the stainless steel market, Huaxin Steel (1605) responded to the recent international nickel price decline by lowering raw material prices for the first time this year, ending a six-month consecutive price hike. Some stainless steel prices in the 300 series in July were reduced by NT$1,000-3,000 per metric ton. With uncertainties in the stainless steel industry this year, Huaxin considers customer order competitiveness and adjusts prices reflecting the decrease in nickel and other raw material prices. While maintaining the prices for the 200 and 400 series, Huaxin anticipates better performance in the second quarter for its cable, stainless steel, and resources businesses compared to the first quarter.
Source: YAHOO
Reported about 1 year ago
To achieve housing justice, as of the end of May this year, the Land Administration Bureau has approved rent subsidies for 540,000 households and successfully matched 111,000 households with managed public rental housing, providing support to over 650,000 households. More than half of the beneficiaries are young adults aged 18 to 39, totaling 330,000 households. To prevent landlords from profiting from electricity price differentials, the Ministry of the Interior is amending the standardized residential lease contract to regulate electricity fees, with the proposal expected to be implemented in mid-July. The policy has significantly reduced the housing burden for young adults and elderly renters, with over 6,100 elderly tenants benefiting from the housing support programs.
Source: YAHOO
Reported about 1 year ago
Financial companies in Taiwan are expected to earn over 320 billion New Taiwan Dollars in the first half of 2024 as profits soar and share prices rise, with foreign investors targeting financial stocks for investment. Among them, Shin Kong Financial Holding Co. is particularly favored. On June 28, the Taiwan Stock Exchange closed at 23,032.25 points with the New Taiwan Dollar slightly depreciating against the U.S. Dollar. Expectations are high for the financial sector's profits and performance with positive trends anticipated for the upcoming months.
Source: YAHOO