Reported 8 months ago
According to a report from Taipei on June 16, 2024, as of mid-June, mutual funds showed good returns with both stock and bond funds performing well. Technology and India funds are currently leading in the industry and regional fund categories. While experts are optimistic about technology, Taiwan, Japan, and India funds for the second half of the year, they caution against chasing high stock prices. The performance of various stock funds is also analyzed with technology and India funds leading the way. Experts suggest a diversified asset allocation approach to mitigate market risks and capitalize on emerging trends.
Source: YAHOO
Reported 8 months ago
Yageo Electronics, known as the stock queen and profit king, faced two major crises and a breakup with a major international company before reaching success. Learning from failures, Yageo realized the importance of not relying too heavily on a single market and the need to focus research and development resources. By diversifying and focusing on specific types of games, Yageo managed to improve profitability. Despite setbacks, such as the breakup with Aristocrat in 2017, the experiences contributed to Yageo's successful international expansion.
Source: YAHOO
Reported 8 months ago
Analysis provided by Fubon Futures analyst Cao Fukai, compiled by Huang Yanhong on June 16, 2024, at 4:10 PM, highlighting recent trends in the international crude oil market. The article discusses updates from the EIA, OPEC, and API, indicating positive news and a potential rise in oil prices. Technical analysis suggests that WTI crude oil futures may fluctuate between resistance at the previous low and support at the pivotal trendline, with no significant trend currently in sight. Considerations for profit-taking and potential market movements post-OPEC+ meeting are also discussed.
Source: YAHOO
Reported 8 months ago
In a heartwarming story, the three founders of Xudian Electronics, Chairman Lee Kezhu, General Manager Jiang Shuncheng, and General Manager of the Commercial Machinery Business Group, Chen Aijian, who first crossed paths at Taiwan Industrial Technical Institute (now Taiwan University of Science and Technology), started as schoolmates and gaming partners. After over 40 years of friendship, they successfully ventured into business together, utilizing their strengths. Despite their success in the gaming industry, the trio maintains a humble and steady approach to growth, donating generously to their alma mater and contributing to industry-academic collaboration.
Source: YAHOO
Reported 8 months ago
Taipei News by Li Liman on June 16, 2024, at 4:10 PM. The Daan Forest Park Friends Foundation, led by Chairman Lin Minxiong, has entered its tenth year, investing over NT$40 million each year in park adoption projects including tree planting, soil improvement, mosquito control, and firefly ecological restoration. Recognized with awards both domestically and internationally, the association has attracted teams from Singapore for learning. Emphasizing environmental conservation and ecological sustainability, the foundation looks to expand positive influence and engagement from more corporate entities to safeguard natural ecosystems.
Source: YAHOO
Reported 8 months ago
The article discusses how the Chairman of the Foreign Trade Association, Huang Zhi-fang, has been utilizing Taiwan's culture to connect with the world, exemplified by his efforts in organizing international events such as the COMPUTEX technology exhibition and Taiwan Image Expos in various countries. Through initiatives like serving Taiwanese snacks and showcasing local culture at these events, Huang aims to promote Taiwan's economic and cultural presence globally, with successful outcomes, including attracting significant business opportunities and media attention.
Source: YAHOO
Reported 8 months ago
As major central banks worldwide are entering a cycle of interest rate cuts, the investment market focus is shifting. Claire Huang, a senior emerging markets strategist at Fong Yueh Securities, believes that Asia is currently the fastest-growing region globally, with excellent long-term investment opportunities, especially in the tech sector leading the way. The outlook is positive for Taiwan and South Korea markets, with the year-end expected to be clear and cloudless. Fong Yueh Securities is particularly optimistic about tech stocks in Taiwan and South Korea, with attractive investment potential post inventory adjustments. In addition, countries like India, Indonesia, and Vietnam are benefitting from overall domestic demand and supply chain transfer opportunities, showing high growth potential in the coming years. Huang emphasizes that investing in Asia now means buying stocks as bonds offer minimal yield. Vincent Mortier highlights that compared to mature markets, emerging markets, especially Asia, are worthwhile considerations due to their resilience and regional forces driving growth, which are often underestimated by the West.
Source: YAHOO
Reported 8 months ago
Bicycle component industry insiders believe the bicycle industry has slowly rebounded from the bottom, with expectations that by early next year, the new car market in Europe and America will also gradually recover, making the bicycle industry promising in the coming years. Companies like Chain Manufacturer Guiming, Lucky, and Zhengshen have shown double-digit growth in May revenues, indicating a positive trend in the industry. As bike makers have started ordering new models and preparing for E-bike models with longer delivery times, order volumes have reached 30-50% of pre-pandemic levels, marking the end of inventory destocking.
Source: YAHOO
Reported 8 months ago
In order to help customers easily install drag chain systems and reduce installation time, igus has introduced the readychain pre-assembled drag chain service, providing pre-assembled systems consisting of drag chains, cables, connectors, and many other components. igus also added a new 'assembly assistant': the Quick Locator, a simple tool that makes plug-and-play drag chain operations even easier. This service aims to reduce assembly time, increase productivity, and provide high-quality products tested in the lab, all conveniently delivered by igus in a timely manner.
Source: YAHOO
Reported 8 months ago
Ideal Land prepares a summer getaway plan for furry friends by offering the 'Summer Stay for Woof Woofs' package, with discounts for stays before the end of September including a weekday rate reduction of 1,000 yuan and 500 yuan off on Fridays, along with a 'Furry Travel Fun' promotion until the end of June granting a second furry friend complimentary stay (up to two per room per night). The packages start from 8,055 yuan for a one-night stay for two adults and one pet with two meals, including exclusive pet amenities and gifts. Ideal Land emphasizes their commitment to sustainable tourism by continuing hotel operations despite the impact of the 403 earthquake in certain areas of Hualien, expressing love for the city and taking part in community charity efforts. Additionally, they advocate for the recovery of Hualien and encourage corporate support for ESG and SDGS sustainable development goals. In line with their efforts, Ideal Land will host the second edition of the pet fashion show and activities in Petland Pet Park on September 14, open for online registration until September 6, featuring dog shows and a special pet market. The event will also have 10% of earnings donated to charity at each booth. For those interested, please contact (03) 865-6789 or (02) 2658-8181, or visit their website at 'https://pse.is/636g8g' for more information.
Source: YAHOO
Reported 8 months ago
2024年6月16日，海運巨頭為賺取高運價，法國達飛砸天價租用7,000TEU新造船，日租金高達10.5萬美元，引爆租船市場，地中海航運、馬士基等也搶租船舶。據Alphliner統計，中遠海運、達飛、馬士基等旗下超過300艘租船。前景看好未來市場，包括中小船企搶占長程航線，以滿足暴漲的運輸需求。船商紛紛新增航線，多以大型船舶為主力提升效益。
Source: YAHOO
Reported 8 months ago
Yao Muchuan, chairman of the AI Financial Technology Association and founder of Pu Hui Financial Technology, was anticipated to bring a new atmosphere with the new chairperson of the Financial Supervisory Commission, Peng Jinlong, who recently proposed six core policy directions, covering areas such as strengthening capital resilience and risk management, enhancing market behavior and corporate governance, promoting financial market development, accelerating financial and technological innovation, and strengthening sustainable finance. The development in international financial innovation contrasts with the regulatory sandbox in Taiwan, sparking questions about the direction of financial innovation and how Taiwan's financial technology industry can break through challenges. The article highlights past regulatory measures and industry conflicts, emphasizing the need for a more innovative and collaborative approach under the leadership of the new chairperson to keep pace with global trends and promote financial technology reform effectively.
Source: YAHOO
Reported 8 months ago
The foreign net short positions in Taiwan Futures decreased by 463 contracts to 12,855 contracts. On June 14, Taiwan Semiconductor Manufacturing Co. contributed 0.33% to the stock index, which increased by 192.68 points to close at 22,504.72 points. Foreign net short positions decreased, while specific institutional investors increased their net short positions. The options market saw an increase in the put/call ratio, and the VIX index rose slightly. Following a cooldown in the US consumer price index and other economic indicators, market expectations of a Fed rate cut strengthened, leading to a decline in US bond yields.
Source: YAHOO
Reported 8 months ago
As the Taiwan Stock Market surpassed the 22,500-point milestone and is expected to reach the 23,000-point landmark soon, coupled with lower-than-expected US CPI data indicating easing inflation, the market has reacted optimistically to the prospects of interest rate cuts. Investment experts recommend focusing on leading stocks that keep breaking new highs and selecting stocks with increased trading volume last week and a strong uptrend signaled by a long red candlestick with high volume within 14 days. Among the 15 selected stocks are Fu Hwa (8085) and Hwa Cheng (1519), attracting institutional investors to position themselves, with future trends under close watch. Taiwan's investment atmosphere is positive, particularly during peak shareholder meeting season in June, advising to monitor the optimistic outlooks released by companies in the market. Major drivers of last week's market growth included TSMC, Hon Hai, and MediaTek, while sectors like heavy electronics, tourism, Apple's new products, and AI-PC related stocks are worth observing. The potential high-growth sectors among the selected 15 stocks include electronic companies, with an emphasis on optoelectronics and diversified presence in sectors like electrical cables. Green energy and heavy electronics have regained market interest, leading stocks like Hwa Cheng to hit the daily limit and become the focus once again, hinting at a possible market rally. Despite the market's chance of reaching new highs, certain stock categories like passive components, optical lenses, heavy electronics, electrical cables, cooling systems, and construction exhibited strength, while a stronger US dollar index may pose challenges to fund flows.
Source: YAHOO
Reported 8 months ago
Benefiting from border openings, last year saw a rise in international business for insurance companies' Offshore Insurance Units (OIU), selling a total of 9 new insurance policies, up from 3 in 2022; however, in the first four months of this year, only 3 new policies were sold compared to 7 in the same period last year, reflecting a frozen business largely due to high-value mainland clients still unable to freely travel to Taiwan. While OIU saw growth after border opening last year, this year has shown stagnation, with overall new policy premiums dropping by 68% to $1.1 million by April, down from $3.46 million in the same period last year, showing a significant sales decline since the beginning of the year.
Source: YAHOO
Reported 8 months ago
Tung Ho was overlooked at the Taipei International Computer Show, leading to a 7-day price decline, despite foreign investors giving a favorable rating. Meanwhile, server giant Nvidia's recent price surge has boosted Taiwan's supply chain, with cooling solution provider Tung Ho (3324) set to supply liquid cooling components for the upcoming GB 200 server. Wentai (2329) will handle the motherboard EMS. As Nvidia partners closely with Super Micro, Tung Ho is one of the main domestic manufacturers entering the liquid cooling market, aiming to surpass competitors like Foxconn and Quanta. All eyes are on the transition from air-cooled to liquid-cooled systems in the server market, with chip shortages causing delays in GB 200 production. Wentai is expected to benefit from Super Micro's demand, driving strong EMS business growth. Analysts estimate revenue to rise each quarter with an annual double-digit growth target, challenging an EPS of 3 NTD. With major American clients continuing to place orders and the NAND Flash market rebounding, Wentai anticipates increased revenue and promising profits.
Source: YAHOO
Reported 8 months ago
With the passage of the dual laws on regenerative medicine on June 16, 2024, exosomes have become the hottest trend in the biotech industry, attracting key players like former Health Minister Lin Jou-yen, renowned hematologist Dr. Chen Yao-chang, and Taiwan's leading biotech companies to invest. Exosome technology is revolutionizing the field with potential applications in disease treatment, drug delivery, and cosmetics. Taiwan is poised to join the global exosome market under the support of the new laws, with local companies already making significant advancements in research and development.
Source: YAHOO
Reported 8 months ago
Wind power developer CIP is set to sign a crucial underwater foundation agreement with Century Wind Power Group on June 17, 2024, making it the first wind farm to sign such a key contract for Phase 3-1. With ambitions to complete construction by 2027, CIP is actively engaging in various maritime projects and partnerships with suppliers like Tatung and Huacheng. Century Wind Power plans to connect to CIP's wind farm with Vestas turbines after Taiwan Power Company completes its Phase 2 project. The entire wind power sector is facing challenges, with delays in Phase 3-2 leading to significant layoffs for some companies, while CIP remains dedicated to advancing progress on Phase 3-1.
Source: YAHOO
Reported 8 months ago
Focused on researching and producing various types of metal precision cutting machinery, Guiquan Machinery Company has innovatively developed the 'High-Speed Precision Cutting Machine for Steel Bars' with a mechanical transmission structure design, featuring fast cutting speed, high roundness, low noise, and smooth end surface. It is equipped with a special servo 'high-speed preset' feeding system, suitable for precise cutting and processing of automotive and motorcycle valves, aiding in industrial upgrading and precision cutting of long cylindrical workpieces. Marketed under their own brand 'KCM,' these machines have been successfully distributed in Taiwan, Europe, America, China, Japan, Brazil, and more. Guiquan Machinery CEO Chen Hui-huang noted that the machine's mechanical transmission design with precision-ground gears offers advantages such as high-speed cutting, low noise, and the servo motor 'high-speed preset' feeding system allowing for approximately 100 steel bar workpieces to be rapidly cut per minute. Furthermore, the company has also developed a heating type of machine, the 'High-Speed Precision Cutting Machine with Steel Bar Heating' (RF-450IH), which can heat the steel bars to the optimal processing temperature of 300°C to 400°C through a specially designed heating system before cutting operations, preventing structural damage due to cutting. This ensures high safety and quality requirements for processed parts, also featuring the 'servo-driven high-speed preset' feeding system, making it a new weapon for producing automotive valves. Additionally, Guiquan Machinery has a subsidiary in Taicang, Jiangsu, China, to provide faster and high-quality professional services for the Chinese market. Website: www.kcm-samson.com.tw.
Source: YAHOO
Reported 8 months ago
In the midst of the AI era, Alibaba's Chairman Jack Ma emphasizes the importance of AI and cloud computing capabilities. Ma predicts that despite Microsoft and OpenAI's close collaboration, their independent positions may lead to a parting of ways. Ma highlights Alibaba's unique advantage of possessing both AI and cloud computing capabilities, which is rare in the industry. He also stresses the need for diversified investments in the crucial area of artificial intelligence for risk mitigation. Alibaba has been actively expanding in the AI sector and has made significant investments in various AI-related companies. Additionally, Alibaba Cloud has dominated the Chinese cloud market but remains behind global competitors like AWS, Azure, and Google Cloud.
Source: YAHOO
Reported 8 months ago
On the first day back to work after the long holiday, car insurance claims service personnel of Shinan Tokyo Insurance are at their busiest. Due to the common practice of driving for travel in Taiwan, good holiday moods are often disrupted by traffic jams or sudden accidents, making car insurance essential. Shinan Tokyo has introduced a new 'On-the-Go QR Code Sticker' customer service card, revolutionizing the industry's practices. Customers can now easily access the 'Heart Security Digital Customer Service Platform' directly through scanning the sticker without needing to download any app, offering various services such as accident reporting, claims application, roadside assistance, renewal application, and online payment. Additionally, the company provides '24-hour accident site service' and 'real-time location map service' on mobile devices for customer convenience and peace of mind.
Source: YAHOO
Reported 8 months ago
According to analysts, the Taiwan stock market closed at a historic high of 22,504 points with expectations to reach 23,000 points, supported by factors such as anticipation of Fed rate cuts, the strong performance of TSMC, potential price comparison effects, and stable institutional buying. Experts believe in the positive impact of factors like low US CPI leading to rate cut expectations, record high US stock indices, TSMC's close reach to a key price milestone, and significant institutional buying to support a bullish market trend. The focus is on the semiconductor supply chain, Apple concept stocks, optoelectronics, heavy electronics, shipping, and biotech sectors for potential rotation and growth.
Source: YAHOO
Reported 8 months ago
近年来全球掀起了“FIRE”潮流，即“经济独立、早期退休”（Financial Independence Retire Early）。华南银行推出“华丽退”网站，提供青年和中年人士试算退休金缺口，并推出“华美人生养老信托”计划，通过信托提前安排未来生活、规划退休理财，早日实现经济独立与早期退休。信托合同下的财产受保障，可防范不法侵害，计划灵活性强，可随未来变化调整资产配置和支付方式，兼顾自身与家人，是适用于各年龄段的退休理财好伙伴。
Source: YAHOO
Reported 8 months ago
Taipei, June 16, 2024, 4:10 PM - Following the highly anticipated interest rate cut by the US Federal Reserve with inflation cooling down, the market expects a potential rate cut in September, which could benefit the bond market. Fund investors suggest positioning themselves through bond ETFs, with a focus on long-term bonds in light of the rate cut. Managers of various ETFs highlight the advantages of long-term bonds in a declining interest rate environment, recommending investors take advantage of the relatively low prices and volatility in the market.
Source: YAHOO
Reported 8 months ago
As the deadline for the reduction in Taiwan's day trading tax approaches, there are various discussions on its impact. The reduction in tax has led to significant growth in the stock market with the daily average value of listed stocks increasing from around 1.3 trillion to 5.687 trillion. This reduction has benefited investors by lowering trading costs, improving market liquidity, and increasing government tax revenue. Stakeholders suggest different approaches for the future of the tax, highlighting its importance for capital market competitiveness and economic development in Taiwan.
Source: YAHOO