Reported 11 months ago
Publicly-owned banks in Taiwan have differing opinions on the housing market in the second half of 2024, with some predicting a moderate price rebound while others foresee high-end fluctuations. The Central Bank recently introduced the sixth wave of credit control measures, and the government is reviewing the new youth housing loan mechanism. The Financial Supervisory Commission emphasizes risk management in banks and protecting consumer rights, urging banks to ensure borrowers understand their future obligations and not be overly optimistic. Various factors contributing to high housing prices are analyzed, including abundant market funds, inflation driving property purchases for value preservation, and societal trends like aging populations prompting housing changes. State-owned banks are monitoring repayment sources, debt ratios, and loan-to-value ratios, assessing the difficulty of property prices falling by 2-3%. The new youth housing loan scheme has encouraged home purchases for those under 50, with about 90% borrowing for 20-30 years, showing a positive effect in promoting homeownership among young adults. Plans for managing the new youth housing loans were discussed at shareholder meetings for banks like Mega International Commercial Bank to ensure fair treatment of all loan customers.
Source: YAHOO
Reported 11 months ago
據德意志銀行研究顯示，人工智慧晶片領導廠商NVIDIA的市值已超越德國、英國和法國股市，截至20日止達3.22兆美元。由於投資人對AI發展前景看好，推升NVIDIA股價持續攀升，市值水漲船高。此外，NVIDIA18日股價首次超越微軟，成為美國市值一哥。
Source: YAHOO
Reported 11 months ago
Richtek Holdings is optimistic about the demand for advanced packaging and actively expanding production. On June 21, 2024, their subsidiary, Richtek Semiconductor, announced the construction of the K28 factory in partnership with Honcho Construction. This expansion aims to meet the growing demand for advanced packaging processes, AI chip high-energy computation, and cooling needs. Market analysts view advanced AI chip packaging capacity as vital for Richtek's future operations, as the semiconductor industry is expected to lead industry recovery. The joint construction project will involve land contributions from Richtek Semiconductor and funding from Honcho Construction, aiming for completion by the fourth quarter of 2026 to support Richtek's operational growth plan in Kaohsiung. In addition to CoWoS packaging, Richtek's expertise in 2.5D and 3D packaging technologies positions them well for strong growth in the coming years.
Source: YAHOO
Reported 11 months ago
Taiwan's stock market fluctuated downwards on June 21, with FSC Chairman Huang Tien-Mu expressing that FSC is the market's regulator and creator of systems, refraining from predicting future indices but monitoring market changes closely. The recent performance of Taiwan stocks hitting new highs similar to US stocks indicates fundamental support and economic outlook. Focus remains on investment risks, urging caution and flexibility. Discussions are ongoing regarding Taiwan's shift to T+1 settlement cycle, aligning with global practices while addressing forex concerns. Other topics include fund popularity, Renminbi outlook, and derivative trading platform developments.
Source: YAHOO
Reported 11 months ago
Taiwanese memory module manufacturer InnoDisk (2451) held a shareholder meeting on June 21, 2024, where a full board of directors was elected, with the first time selection of second-generation member Shu Dao-an paving the way for succession planning. The new board includes Shu Chung-wan (Chairman), Shu Chung-cheng, Shu Dao-an, Zheng Yan-wei, and Jia Yun Investment Company. Independent directors include Guo Zong-ming, Chen Shi-hong, Lin Jia-xing, and Lin Shu-shan. Shu Dao-an, who is the son of Shu Chung-wan and previously served as the Chief of Procurement, has been prepared for the generational transition after years of company experience. InnoDisk reported a consolidated revenue of NT$10.5 billion and a net profit of NT$1.98 billion in 2023, with an EPS of NT$4.63, and announced a cash dividend of NT$4.99062502 per share. The company expressed confidence in the memory industry's recovery trends in 2024 with increasing DRAM and NAND Flash prices, and anticipated growth driven by innovative products and R&D enhancements. Looking forward to 2024, InnoDisk foresees a revival year in the memory market, especially in the third and fourth quarters, and expects significant growth in memory shipments with the increased adoption of AI PCs around 2025.
Source: YAHOO
Reported 11 months ago
Both industrial sewing machine giant Goman (1531) and the world's largest household sewing machine manufacturer Shenn Hsing (1558) expressed optimism for their operations and shipments surpassing last year at their shareholders meeting on June 21, 2024, with Goman expecting a possible double-digit growth in the second half of the year. Despite the textile and garment industry being affected by the economic downturn last year, leading to decreased demand for industrial sewing machines, Goman's operations were impacted, but they anticipate improved performance this year.
Source: YAHOO
Reported 11 months ago
President Lai Ching-tai announced the establishment of three major committees, including 'Climate Change,' on June 21, 2024, stating that extreme climate impacts are humanity's greatest challenge. The highly anticipated carbon pricing schedule, led by the Ministry of the Environment, is also racing against time to be completed by the end of October. The initial targets for carbon levy include high-emission industries such as petrochemicals and steel, as well as tech giants like TSMC, Winbond, and UMC, accounting for 54% of total emissions. Minister of the Environment, Peng Chau-ming, indicated that Taiwan will implement this unprecedented system within the year, drawing inspiration from carbon schemes in the UK, Singapore, and Japan, which will be closely monitored by the public.
Source: YAHOO
Reported 11 months ago
According to statistics from the Ministry of Health and Welfare, cancer is the leading cause of death in Taiwan. Moved by the sudden loss of his father to pancreatic cancer, Wang Qingdong, Chairman of Junjen Group, made a vow to work towards a 'cancer-free' world. Transitioning from the semiconductor industry to biotechnology, Wang focuses on cancer treatment research by applying his expertise in semiconductor development to innovate in the field of oncology. With a strong belief in continuous learning, innovation, selflessness, and collaboration, Wang is dedicated to developing advanced cell therapy technologies to reduce cancer treatment costs and side effects, while also actively engaging in charity work to support cancer patients in need.
Source: YAHOO
Reported 11 months ago
As of June 21, 2024, in Pingtung High-Speed Rail Special Zone and driven by factors such as 'Buy Pingtung,' the presale prices of high-rise building projects in Pingtung City have started at over 300,000 per ping. The prices in desirable areas have also surged, with an increase of at least 17% since a year ago. Both new and second-hand properties have seen significant price hikes, attracting buyers from neighboring areas like Kaohsiung. The continuous hot trend in Pingtung's housing market is attributed to its affordability, policy immunity from property regulations, and ongoing major public infrastructure projects like the Pingtung High-Speed Rail Special Zone.
Source: YAHOO
Reported 11 months ago
On June 21, 2024, Vice President Zeng Yanyu of Yuanta Securities Research Department analyzed the market at 4:10 pm: NVIDIA's Huang Renxun's comment before leaving Taiwan, stating that TSMC's value in the semiconductor industry is undervalued, sparked foreign interest in TSMC. With ambitious new chairmanship at TSMC's shareholders' meeting, TSMC's stock price soared in just one week, pushing the Taiwan Stock Index past 23,000 points, exceeding all expectations. The rise of NVIDIA indicates TSMC's continued undervaluation and the beginning of AI growth. The article also discusses implications for other major tech companies like Microsoft and Apple, and the importance of the semiconductor industry and AI in the global market.
Source: YAHOO
Reported 11 months ago
Huadong (1603) is benefiting from Taiwan Power's Resilient Grid Project with over NT$5 billion in hand orders. Their 161KV ultra-high-voltage cable production line is at full capacity, prompting them to start developing 345KV ultra-high-voltage cables with the goal of qualifying for Taiwan Power tenders by the end of 2027. At the shareholders' meeting on June 21, Huadong approved a cash dividend of NT$1.3 per share, elected 2 directors and 3 independent directors, with Chen Liangyin appointed as chairman. Chen indicated a commitment to market development, innovation, and operational resilience to ensure sustained growth for the company. Huadong's cable orders primarily come from Taiwan Power, and with the current 161KV production line already profitable and at capacity, their focus for this year is on developing the 345KV XLPE cable project, aiming to complete testing by February 2026 and secure qualification for Taiwan Power tenders by the end of 2027. Regarding the challenging aluminum door and window market, Huadong signed an OEM contract with Japanese giant TOSTEM to promote high-performance aluminum door and window systems for luxury home projects and develop barrier-free facilities for the increasing elderly population in Taiwan by 2026. Additionally, Huadong plans to utilize 2MW of land in the Lizet Industrial Zone to build a solar photovoltaic field and rent out remaining lands for a large-scale energy storage system. This article also covers other business developments such as the demand for Liaoning Changcheng Semiconductor bidding derivatives and the upcoming launch of the Confirmation Platform for Derivatives in the 2022 season. Global server shipments are rising, as TrendForce forecasts a 5% growth for next year.
Source: YAHOO
Reported 11 months ago
La Vie by Thomas Buhner's dishes, designed by Michelin three-star chef Thomas Buhner and resident executive chef Yang Zhan-Hao, feature unique ingredients such as goatfish, lobster, tuna belly, white asparagus, beef liver, among others. The meticulous use of ingredients and culinary techniques, combined with diverse flavor combinations, justifies the restaurant's high prices and showcases a blend of European and Asian culinary skills. Each dish prepared by chef Yang is labor-intensive, exemplifying a trend in the culinary world towards zero-waste cooking, with innovative presentation and taste experiences.
Source: YAHOO
Reported 11 months ago
Wang Qingdong emphasized the importance of cancer prevention, stating that many cancers are preventable. He advocates for reducing the risk of cancer through healthy lifestyle choices. While there is extensive information available on cancer prevention, he believes that cancer can be controlled through proper diet and lifestyle habits. Simple lifestyle changes such as healthy eating and staying hydrated can effectively prevent cancer. With his dedication to developing cell therapy techniques, the aim is to replace traditional chemotherapy, reduce its side effects, enhance patients' quality of life, lower cancer treatment costs through technical innovation, making advanced treatment methods more affordable, and ultimately improving treatment accessibility and effectiveness to challenge the notion that cancer equals death.
Source: YAHOO
Reported 11 months ago
The Central Bank announced on June 21, 2024, that the five major banks in Taiwan had a significant increase of 116.235 billion NT dollars in new housing loans in May, marking a record high for a single month and surpassing April by nearly 20.7 billion NT dollars. Among them, Qing'an loans accounted for 40.64% of the new housing loans undertaken by the five major banks, reaching a record high since its introduction in August last year, becoming a crucial factor in driving the housing market. After the Central Bank raised interest rates unexpectedly in March, the weighted average interest rate for new loans granted by the five major banks in May increased to 2.187%, the highest in nearly 15 and a half years, with the previous high being 2.523% in December 2008. The surge in new housing loans in May reflects factors such as increased working days compared to April, new home transactions driving demand, and continued market activity. Additionally, the increase in Qing'an loans has stimulated the growth in demand for self-occupied housing among the public.
Source: YAHOO
Reported 11 months ago
Cathay Financial Holdings, along with its corporate partners, has been recognized for its sustainable financial impact and efforts to reduce climate risks at the 2024 TWSIA Sustainable Investment Award in Taiwan. The group won multiple awards including Institutional Impact Award in the financial industry, while Cathay Securities and Cathay Securities Investment Trust received accolades in ESG innovation. As a leader in climate finance, Cathay Financial Holdings has actively participated in international initiatives and events, promoting sustainable practices and partnerships within the finance sector to address climate challenges effectively.
Source: YAHOO
Reported 11 months ago
Far EasTone has successfully launched four key business initiatives, including sustainable smart cities, telecommunications system integration, smart healthcare, and digital transformation, powered by AI. The initiatives have seen positive outcomes across various sectors, such as transportation, healthcare, and digital services. The company has also made significant progress in expanding its digital services and enhancing customer experiences through AI technology. Far EasTone's recent financial performance has been impressive, with a significant increase in its stock price, market value, and revenue growth, positioning the company as a leader in the telecommunications industry.
Source: YAHOO
Reported 11 months ago
SpaceX最近向舊客戶提供星鏈（Starlink）新產品體驗版，Starlink Mini是一款機身只有一般天線一半大小、僅三分之一重，售價599美元的攜帶型衛星網路天線，內建WiFi路由器，傳輸速度最高可達100Mbps，Ping值23毫秒。用戶需每月付加價30美元使用Mini漫遊服務，數據流量上限每月為50GB，總費用為每月150美元。首批產品將於7月出貨，馬斯克表示Mini可作為固網斷線時的低成本備用網路連線。星鏈已擁有超過300萬客戶，全球服務地區遍布100個國家，特別受到農村地區及學校歡迎。
Source: YAHOO
Reported 11 months ago
As Taiwan Semiconductor moves into Kaohsiung and offers double-high salaries to attract technical personnel, the Kaohsiung City Government is encouraging the construction of employee dormitories and promoting developers to build housing while simultaneously donating social housing units. To help companies secure land, the city has established a platform to assist in obtaining public land for business housing projects. An example involves a major factory converting industrial land to residential areas, donating some as social housing and some as employee housing, with plans to gift the housing to employees for free after 15 years to retain talent.
Source: YAHOO
Reported 11 months ago
On June 21, 2024, 'Discover Hualien' introduces the Baibaoxi Cycling Trail as an escape from the hustle and bustle, offering a picturesque ride through lush greenery and babbling streams in the countryside. The trail includes historical landmarks like the General's Office, designed by the indigenous artist Sabu Gaxiao featuring a coffee shop and handicrafts, and the Dafu Forest boasting a cycling experience amidst forests and flower fields. Hualien's latest '2024 Cycling Trail Promotion' event incorporates nature, culture, and community participation, with participants earning rewards for completing sections of the cycling trail. Additionally, Hualien's 'Two Rails Cycling Trail,' a collaboration between railways and cycling paths, provides a sustainable and comfortable travel experience through the region's natural and cultural highlights.
Source: YAHOO
Reported 11 months ago
Fancy Eternal Real Estate announced a cash dividend of NT$18 per share approved at the shareholders' meeting on June 21, 2024, expressing optimism for the year with the launch of new cars from BMW, Porsche, and MINI leading to continued strong sales orders, alongside an increasing share of electric vehicle sales, which is expected to drive overall annual business growth. The company highlighted BMW's complete line of electric vehicles, including seven new generation models such as iX1, iX2, i4, i5, i5 Touring, iX, and i7, maintaining its position as the leading luxury electric vehicle brand with electric vehicle sales accounting for over 80% growth compared to the same period last year. Additionally, Porsche plans to introduce several new vehicle products in the second half of the year, including the all-electric Macan EV and the new Taycan series, with the possibility of official delivery by the end of the year. Fancy Eternal Real Estate aims to continue implementing sales plans for electric vehicles in cooperation with brand manufacturers and general agents, introducing more environmentally friendly electric vehicles, setting up DC fast charging stations and charging spots in all dealership regions in Taiwan to boost stable growth in electric vehicle sales market share.
Source: YAHOO
Reported 11 months ago
Tainan Enterprise (1473) has seen an increase in customer orders, with market expectations high for this year's operational growth. Institutional investors are back in the market, with the stock price correcting from the previous high of 57 yuan, rebounding after not breaking the short-term monthly line of 46 yuan. On the 21st, trading volume broke through the five-day moving average, closing at 51.2 yuan and returning above all short-term averages. Short-term weekly downtrends are gradually converging, while monthly and quarterly trends remain upward. The 9-day KD value is trending up and may cross over at low levels soon. With increasing trading volume, the short-term bull rebound momentum is strong. In the short term, if trading volume gradually increases and resolves the short position around the previous high of 57 yuan, there is a chance for the stock price to challenge its peak again. Customer ordering momentum is strengthening, visibility extends to the third quarter, and production line efficiency improvements are expected to boost this year's operational performance compared to last year.
Source: YAHOO
Reported 11 months ago
Chairman Zhang Yunpeng of Huannan Financial Holdings stated that tech industries have already consumed most of their inventory, with electric cars and servers related to AI being the hottest industries now. Traditional industries like steel are showing signs of recovery. He expressed optimism for the economy in the second half of the year due to these factors. Various financial leaders in Taiwan, including those from First Financial Holdings and First Bank, also hold a cautiously optimistic view for the second half of the year, citing improved global economic conditions, AI innovations, and strong demand. Multiple challenges like uncertain US interest rate policies, a weak Mainland Chinese economy, and geopolitical risks were mentioned, emphasizing the need for financial institutions to adapt, digitize, and manage risks efficiently.
Source: YAHOO
Reported 11 months ago
In less than a year, Cai Junwei has gained the trust and collaboration of two temples. Cai believes that apart from having a strong team combining industry, government, and academia, the key is to approach temple negotiations with a practical mindset. Being honest about capabilities and costs while aligning with the temple's needs is crucial to win them over. Additionally, understanding the temple's perspective and adapting communication accordingly, including speaking the local dialect, can bridge the generational gap and foster better relationships for successful collaboration.
Source: YAHOO
Reported 11 months ago
Giant Group's Chairperson Du Hsiu-chen and CEO Liu Yong-chang expect the bicycle industry to resume positive growth next year. They mentioned that even the U.S. market with the most low-end product inventory has started to receive additional orders, indicating a turnaround in inventory structure and marking the end of the industry's downturn. The company anticipates improved performance in the second half of the year, especially in the growing Chinese market where high-end bike sales have surged significantly.
Source: YAHOO
Reported 11 months ago
Shanghai Commercial Bank held a shareholders' meeting on June 21, 2024, and elected a new board of directors, appointing Li Qingyan and Rong Kangxin as executive directors, with Chen Muzai as an independent executive director. Li Qingyan was elected chairman and Rong Kangxin as vice chairman of the board. Rong Kangxin, a fourth-generation descendant of the major shareholder of Shanghai Commercial Bank, has taken the first step in generational succession, with plans for a gradual handover. With a Master's degree from the University of Chicago, Rong Kangxin has held various positions in banks and at Shanghai Commercial Bank before assuming the role of vice chairman. The shareholders' meeting also approved financial reports and a cash dividend distribution of 1.8 yuan per share, reflecting a dividend yield of about 3.93% based on the closing price on the 21st.
Source: YAHOO