Reported about 1 year ago
Securities News Center on June 26, 2024, at 4:10 PM: Shareholders' Meetings: Far Eastern New, Yuriscar, Uni-President, Ruentex Industries, etc. Ex-Dividend: Sinoway, Borawell, Tongxin Electric, Yumin, etc. Analyst Meetings: China Steel, China Airlines, San Yo Electronics, Sinoway, Yingtai, Lih Jaan, Taisun, Darhway-KY, Kuo Chung, Corning Holding, GIS-KY, etc. Various Stock Notices and Disposals: Many listed companies including Delta Electronics, MediaTek, Lite-On Technology, Advanced Power Tech, etc. Additionally, changes in margin ratios for certain stocks, ongoing delays in solar and offshore wind power projects, and updated regulations on digital currencies and stablecoins in the United States are reported.
Source: YAHOO
Reported about 1 year ago
Three Circles Construction's founder and major shareholder Wang Guangxiang, along with Chairman Wang Yalin, disclosed after a shareholder meeting on June 26, 2024, that the 'Taipei Star' is likely to complete property registration in August, paving the way for occupancy. The shareholders approved a dividend distribution plan, with cash dividends of 0.2 yuan per share and stock dividends of 1.8 yuan per share. Wang Yalin expressed concern over the slow sales of 'Taipei Star' due to government policies repressing high-end residential properties, urging the government to stop suppressing developers and address issues such as labor shortages and rising construction costs.
Source: YAHOO
Reported about 1 year ago
Singapore's port congestion has reached its most severe level since the COVID-19 pandemic began, disrupting global shipping as ships are forced to take longer routes to avoid attacks in the Red Sea. This situation has caused bottlenecks in other ports across Asia and Europe, leading to challenges such as soaring freight rates, port congestion, and container shortages. Due to ships being delayed in Singapore, cargo handling and transshipment processes have been affected, with some vessels now bypassing the port altogether, causing congestion in neighboring ports like Port Klang in Malaysia and Tanjung Pelepas Port. The pressure is also increasing in Chinese ports.
Source: YAHOO
Reported about 1 year ago
台股26日反彈百點，輝達概念股漲跌互見，其中京元電子及廣達吸引外資大量加碼，共有12檔外資買盤積極，預計27日輝達將召開股東會，市場對其表現寄予厚望。輝達創辦人黃仁勳將聚焦未來AI車用領域、智慧製造布局發表看法，外資26日買超的12檔輝達概念股中除宏碁外皆收漲，部分更飆漲逾半根漲停。投資專家指出，AI應用趨勢看好，長線投資值得注意，短線操作可留意外資偏多的股票。
Source: YAHOO
Reported about 1 year ago
In the investment event '2024 Investment New Trends Series Seminar', held in Taichung on June 22, organized by the Taiwan Depository & Clearing Corporation (TDCC), topics such as 'Utilizing Stock Dividends and eNotice Electronic Notifications' and 'Market Trends and Investment Strategies in the Era of Financial Literacy' were discussed. The speaker highlighted the increasing popularity of dividend-paying stocks like China Steel, TSMC, Cathay Sustainable High Dividend ETF, and Yuanta High Dividend ETF among Taiwanese investors, emphasizing the use of electronic notifications for efficient communication. The event promoted financial literacy through live streaming and discussed the rise in monthly dividend payouts for new ETFs and the benefits of TDCC's eNotice platform, which has gained over 60,000 registered users so far.
Source: YAHOO
Reported about 1 year ago
In response to the Taiwan Stock Market dropping below 23,000 points, eight major public securities firms have purchased over 25.5 billion NT dollars in the past four trading days, with a focus on blue-chip stocks such as TSMC and Evergreen Marine. Despite the market volatility, public securities firms have been actively supporting the market, emphasizing government support and positive policies towards the stock market. Experts point out the noticeable efforts of public securities firms in stabilizing the market, recommending conservative investors to follow suit.
Source: YAHOO
Reported about 1 year ago
The Taishin High Dividend Taiwan Value ETF (00940) announced its first monthly distribution amount on June 26, 2024, with an annualized dividend yield of about 6%, showcasing its high dividend characteristic stock selection advantage in the Taiwan stock market. Analysts predict that with 00940 emphasizing value investing and displaying distribution capabilities, it may drive another high dividend ETF trend and open up a new battleground beyond performance based on dividends. The high dividend ETF market is heating up this year, with monthly payouts becoming standard. Out of eight high dividend ETFs established after Mega Taiwan Technology High Yield (00929), seven offer monthly distributions. With over 2 million investors collectively, 00929's $229.7 billion, 00940's $187.7 billion, and United Taiwan High Yield Momentum (00939) with $58 billion are the top three in terms of size. Analysts mention that despite 00939 and 00940 returning to issuance prices, at this stage, dividend sources will focus on dividend income. 00929 has participated in the recent uptrend in the Taiwan stock market, but considering the composition of net assets, continuous monthly dividend payments and the decrease in dividend yield due to the rise in technology stocks have left only $0.3 in realized capital gains to support the distribution rate. Regarding performance, as Taiwan stocks continue to challenge new highs, since June, 00940 focusing on value investing has risen by 4.4%, outperforming the tech-focused 00929 at 3.2%, and the momentum-driven 00939 at 2.8%. 00940's value investing appeal has attracted high attention from investors preferring lower risk since its fundraising, and after a regular adjustment of constituent stocks in mid to late May, electronics stocks decreased while financial stocks increased, resulting in a further decrease in overall P/E ratios. The number of investors and units issued since listing have both increased, indicating a positive outlook on ongoing value investing and a shift from short-term price differences to mid- to long-term dividend stock holding strategies. Advertisers remind that aside from the distribution rate, stock selection directly impacts investment performance, suggesting choosing products that align with one's investment preferences and being mindful that the distribution rate does not represent the return rate. The dividends received by ETFs from corporate dividend offerings are calculated in the net asset value daily, regardless of distribution, are part of investor equity, and the dividend amount is deducted from the ETF's net value, so it's wise to also pay attention to net value changes.
Source: YAHOO
Reported about 1 year ago
In order to achieve its net-zero vision by 2050, Hua Nan Financial Holdings has been actively implementing various climate risk mitigation measures to enhance climate resilience. Following its achievement of the highest level in BSI 'Level 5+: Excellence' in 2023 for climate-related financial disclosures (TCFD), the company has once again been recognized with the highest BSI rating. This demonstrates their determination to address climate change. By collaborating with environmentally friendly suppliers, procuring eco-friendly equipment, and promoting diversified sustainable action plans, the company is aligned with the government's ESG initiatives and aims to achieve net-zero carbon emissions by 2050. Hua Nan Financial Holdings has strengthened its climate risk management by following the TCFD framework, focusing on governance, strategy, risk management, and metrics and targets, to enhance climate risk management mechanisms and assist businesses in ESG development and low-carbon transition through funding. The company has been conducting greenhouse gas inventories since 2016 and has expanded data collection to include domestic and international operations, achieving a comprehensive greenhouse gas inventory. Initiatives such as solar power generation, green electricity procurement, and carbon rights purchase have been employed to increase the use of renewable energy and reduce carbon emissions. Notably, the company's subsidiary, Hua Nan Bank's new information building, is a rare example in Taiwan's industrial areas as a green building rated above gold status.
Source: YAHOO
Reported about 1 year ago
The editorial on June 26, 2024, discusses the recent earthquake-triggered landslides in Hualien and Keelung, highlighting Taiwan's vulnerability to extreme weather events and the shortcomings in disaster prevention systems. The article emphasizes the need for the new government to address these issues effectively, suggesting that Taiwan, despite its technological advancements, must implement more proactive technological solutions to prevent and mitigate the impact of disasters, such as utilizing AI for early warning systems and risk control.
Source: YAHOO
Reported about 1 year ago
Taipei, June 26, 2024 - According to the Credit Card Big Data Platform of CardLink, analyzing credit card consumption data of cards issued in Taiwan in 2023, the top 1% of consumers contribute 21.5% of total card spending, with an average annual spending of over 1.44 million NT dollars per card, which is 28 times higher than the average consumer group. These top spenders, known as 'Top Swipers,' prioritize and are willing to spend more on travel and automotive-related expenses, with an average annual spending of nearly 300,000 NT dollars per card in the automotive industry, 30.8 times higher than regular consumers.
Source: YAHOO
Reported about 1 year ago
Following the US's announcement of imposing 100% tariffs on Chinese electric vehicles in May, the upcoming climate negotiations between the US and China face new challenges. The Chinese Special Envoy for Climate Change Affairs, Xie Zhenhua, expressed concerns that the tariffs on electric vehicles might disrupt multilateral climate change negotiations, potentially hindering global cooperation. With the green energy sector becoming a point of contention due to disputes involving China's electric vehicle subsidies and overcapacity, the climate negotiations focusing on green energy are once again at risk of hitting a deadlock.
Source: YAHOO
Reported about 1 year ago
日月光投控舉行股東會，宣布再次增加資本支出，將擴大全球布局，包括考慮在日本、馬來西亞和墨西哥建立先進封裝廠。公司估計2021年資本支出將達24億美元，主要用於先進封裝和智慧生產。此外，公司計畫建置新產能，包括在美國進行測試產線建設，強化對美國市場的布局。
Source: YAHOO
Reported about 1 year ago
To promote the development of the private economy, the Chinese State Council has announced six major focus areas, including optimizing the environment for private economic development, increasing support for key elements, strengthening legal protection, enhancing policy coordination and implementation supervision, improving the capabilities of private enterprises, and fostering a supportive social atmosphere for private economic development. Statistics show a significant rise in the number and contribution of private enterprises in China from 2012 to 2023. Despite the growth, challenges remain such as market access, resource acquisition, protection of property rights and entrepreneur interests, policy implementation, government integrity, overdue payments, and the need for improved corporate governance in some private enterprises.
Source: YAHOO
Reported about 1 year ago
According to Taiwan Power Company Chairman, the electricity consumption during peak hours keeps setting new records, which has become the norm this year. With the highest peak electricity consumption exceeding previous records, there are concerns about power shortages, but the company assures that they are well-prepared with a 7% reserve margin during nighttime peak hours. Additionally, progress is made in supporting Taiwan's electricity needs with the introduction of offshore wind power.
Source: YAHOO
Reported about 1 year ago
TSMC's investment in building a plant in Kumamoto, Japan has been highly anticipated by the industry. Following the opening of Kumamoto Plant Phase 1 at the end of February, reports reveal that groundwork for Phase 2 has begun, with construction set to commence in the fourth quarter of this year. The Phase 1 plant is expected to start production in the fourth quarter of this year, with the Phase 2 plant aiming to be operational by 2027. The Japanese government will provide a maximum subsidy of 732 billion yen for this project, with Phase 2 focusing on producing 6/7-nanometer chips.
Source: YAHOO
Reported about 1 year ago
On June 26, 2024, New York private equity firm KKR invested $2.1 billion in acquiring a real estate portfolio encompassing over 5,200 apartments, marking the company's largest residential acquisition to date. This reflects a trend of major investment firms showing confidence in the upcoming rebound of the U.S. rental housing market. The purchase from Quarterra, an apartment development business under Lennar, includes 18 newly constructed mid-to-high-rise buildings in various states including California, Washington, Florida, Texas, Georgia, North Carolina, Colorado, and New Jersey. Recent acquisitions by large investment companies like KKR suggest growing optimism for the rental market with expectations of rising rents in the near future, especially in the central and northeastern U.S. where rental prices are already showing signs of recovery.
Source: YAHOO
Reported about 1 year ago
Dr. Liu Wenxiong, Director of ITRI and Chairman of Taiwan Power and Energy Engineering Association, highlighted the importance of virtual power plants in Taiwan's energy transition. The concept involves integrating various energy sources into controllable power, allowing for more stable and resilient power supply. Taiwan's virtual power plants are still in the development stage, with the Taiwan Power Company having established a power trading platform to facilitate the buying and selling of power resources. Emphasizing the significance of reducing peak power consumption, the article explores how leveraging Integrated Resource Planning and virtual power plant technologies can optimize power supply and demand arrangements.
Source: YAHOO
Reported about 1 year ago
Chang Hwa Bank has been recognized by the Financial Supervisory Commission for its outstanding efforts in supporting small and medium enterprises (SMEs) and promoting agricultural credit under the New Southbound Policy. At the 57th Business Contact Meeting for local bank general managers, the bank was awarded for its exceptional performance in SME lending schemes for 2023 and for handling agricultural credit under the New Southbound Policy, with General Manager Zhou Chao-chung accepting the honors. Chang Hwa Bank's dedication to sustainable business practices and social responsibility has been evident through various recognitions in recent years, highlighting its commitment to SME development and financial services excellence.
Source: YAHOO
Reported about 1 year ago
Yang Rixing/Taipei reported on June 26, 2024, that the Ministry of Labor held the first consultation meeting on adjusting next year's minimum wage. The employment market is concerned about the current average wage situation, where according to 104 Job Bank, the average monthly salary for all industries and years of experience is 47,000 yuan, with a 5.4% annual increase, marking a ten-year high in scale and growth. Disparities in salaries still exist among industries, with some sectors like computer and consumer electronics manufacturing having the highest average salary of 60,000 yuan, whereas industries like social welfare services have lower salaries at around 38,000 yuan.
Source: YAHOO
Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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