Reported about 1 year ago
As we approach July, the Taiwan stock market is projected to have a stable trading atmosphere with three main positive factors: squeezing of short positions, bullish technical indicators, and narrowing gap between spot and futures prices. Market experts predict that the market will remain robust despite potential consolidation, and they are optimistic about the overall outlook for the second half of the year. Factors contributing to this positive sentiment include the resurgence of short positions, indexes surpassing all moving averages, and the reduction in the disparity between stock and futures prices.
Source: YAHOO
Reported about 1 year ago
Established on June 28, 2024, the High-Dividend ETF - Yuanta High Dividend (0056) announced the first-stage dividend distribution amount for Q3, estimating a distribution of 1.07 yuan per unit, a new high for the quarter. With an estimated annual dividend yield of 10.4%, this marks the start of the ETF dividend battle in July. 0056 has seen continuous growth in scale, surpassing 300 billion in assets on June 19, reflecting Taiwan's growing stock market. The ETF, tracking the Taiwan High Dividend Index, selects stocks based on predicted cash dividend yields for the coming year, showing both dividend stability and growth potential.
Source: YAHOO
Reported about 1 year ago
台股月月配風潮引領者00929在上半年ETF換股熱潮中登場，成為台股ETF中的第四大，換股生效日期為7月1日。除00929外，中信上櫃ESG 30和月月配兆豐電子高息等權也進行成分股調整，各有新增與刪除股票名單。
Source: YAHOO
Reported about 1 year ago
On June 28, 2024, the Taipei stock market closed above 23,000 points, with the Taiwan Stock ETF performance rankings for the first half of the year announced. Among them, the Fubon Technology ETF (0052) took the top spot with a 48.77% increase, while the New Taiwan Semiconductor 30 ETF (00904) led among semiconductor ETFs with a 29.74% return. With Taiwan's ETF market reaching 5 trillion NT dollars, the first half of the year saw strong performance driven by technology and AI, especially benefiting the semiconductor industry. Managers forecast continued growth in the semiconductor industry from 2024 to 2026, as the market anticipates a significant cash dividend distribution in July, providing further support for the semiconductor sector in the third quarter.
Source: YAHOO
Reported about 1 year ago
Morgan Stanley recently conducted a large-scale roadshow in various Asian locations, meeting with over a hundred major institutional investors. They highlighted eight key issues that Asian institutional investors are most concerned about, including AI demand in mainland China, AI smart machines, NVIDIA's GPU test time, AI PC semiconductors, niche memory prices, mainland China's wafer factory equipment and mature processes, analog IC industry, and special application IC industry. Morgan Stanley specifically recommended stocks such as TSMC, MediaTek, UMC, and more in the Tai Chi electronic supply chain, giving them a 'better than market' rating, while others like Nanya Technology and Silergy were rated 'below market.' The article also discusses various developments and trends in the semiconductor industry, including the focus on AI technology and the performance of different chips in the market.
Source: YAHOO
Reported about 1 year ago
To prevent abuse of the New Youth Housing scheme, Taiwan's Ministry of Finance has implemented a new rule limiting each individual to receive the benefits only once. Public banks were urged to thoroughly investigate and report any clear evidence of violations such as dummy households or subletting within two weeks. The scheme, introduced in August 2021, led to a surge in property demand but also various irregularities. The government aims to ensure fair resource allocation by cracking down on violations and adjusting loan conditions where necessary.
Source: YAHOO
Reported about 1 year ago
The Financial Supervisory Commission (FSC) in Taiwan has received recognition for its performance over the past 20 years and is expected to do more in the future. Experts interviewed by the Economic Daily suggest that in the next 20 years, FSC should focus on internationalization, organizational restructuring, and incorporating flexible supervision practices. Recommendations include promoting mergers to compete internationally, establishing a Financial Innovation Development Bureau, and revising regulations for consumer protection and financial services in line with international standards.
Source: YAHOO
Reported about 1 year ago
Following the recent implementation of new property loan regulations, the Ministry of Finance in Taiwan has instructed public banks to quickly investigate high-risk cases to determine if any violations have occurred. The Ministry aims to have concrete results within one week and will take necessary actions against those found in breach. The measures are in response to concerns of property speculation and misuse of the 'New Qing'an' loan program, with new rules being introduced to prevent such activities and ensure compliance.
Source: YAHOO
Reported about 1 year ago
According to reports, on June 28, the exchange rate of the Japanese yen against the US dollar fell below 161, dragging down the major Asian currencies including the New Taiwan dollar. Despite initially depreciating to 32.59 against the US dollar, strong demand by exporters at the end of the quarter and significant foreign capital inflows due to a soaring stock market reversed the trend in the afternoon session, leading the New Taiwan dollar to appreciate by 8 pips and close at 32.45. The New Taiwan dollar has depreciated by 1.715 yuan in the first half of the year, a decline of 5.29%, ranking third in depreciation among major Asian currencies, trailing behind the Japanese yen by 12.13% and the South Korean won by 5.84%.
Source: YAHOO
Reported about 1 year ago
Morgan Stanley recently conducted large-scale roadshows in various Asian regions, meeting with over a hundred major institutional investors. In response to client feedback, investors are highly focused on eight issues related to artificial intelligence (AI). Pertaining to the Taiwanese supply chain, Morgan Stanley endorsed eight stocks including TSMC, MediaTek, ASMC-KY, and Creative, giving them a rating of 'outperforming the market'. The top eight issues of concern to Asian institutional investors include Chinese AI demand, Chinese AI smart machines, NVIDIA GPU testing time, AI PC semiconductors, niche memory prices, Chinese wafer factory equipment (WFE) and mature process, analog IC industry, and special application IC industry (ASIC).
Source: YAHOO
Reported about 1 year ago
The opening ceremony of the '2024 Yehliu Stone Night Visit to the Queen' event was held at Yehliu Geopark by the North Coast and Guanyinshan National Scenic Area Administration, featuring the 'Big Queen Electric Firestone Image Water Dance' water curtain fountain show, where 300 drones displayed images of the Queen's head, candlestick rock, surfing, and lily flowers in the sky-water curtain simultaneously, mesmerizing the audience. The event includes various light areas, environmental education elements and special effects, aiming to showcase the beauty of Yehliu's landscapes and offer visitors a new experience, with performances by drummers, violinists, and dancers. Tickets are available for purchase online and at the venue, with entrance fees varying for weekdays, weekends, and senior citizens, while children under 12 and persons with disabilities can enter for free with valid documents. The event, running from now until July 14th, opens every night from 6:30 pm to 9:30 pm with limited entry. For more information, visitors can check the official website of the North Coast and Guanyinshan National Scenic Area Administration.
Source: YAHOO
Reported about 1 year ago
On June 28, 2024, a US RC-135W electronic reconnaissance aircraft was suspected of crossing the airspace above southern Taiwan and entering the southwest airspace to fly over the Bashi Channel, as reported by aviation enthusiasts tracking the flight through online platforms. Military experts suggest that it is not impossible for the aircraft to fly over Taiwan. The Taiwan Ministry of National Defense declined to comment on civilian observations of military aircraft activities, reassuring the public that they are closely monitoring all military movements around Taiwan. Former Air Force Deputy Commander Zhang Yanting mentioned that the US aircraft may have used electronic jamming functions during the flight, possibly to confuse flight paths as it entered the southwest airspace. However, he noted that this tactic could easily expose the aircraft, making it a less likely scenario. The aircraft's actions are seen as a gesture to assist Taiwan rather than an aggressive move similar to China's military actions towards Taiwan.
Source: YAHOO
Reported about 1 year ago
After the Chinese Communist Party's Politburo meeting on June 27, both former and current State Councilors and Defense Ministers, Wei Fenghe and Li Shangfu, were expelled from the party, while former State Councilor and Foreign Minister Qin Gang, who has been missing for a while, still has no news. Hong Kong media speculates he may have a 'safe landing'. Several high-ranking CCP officials also had their positions reshuffled, involving multiple provinces. Qin Gang disappeared suddenly at the end of June last year and subsequently was relieved of his positions, including Foreign Minister, State Councilor, and 'resignation' from the National People's Congress deputy. The media believes that his issues 'may not be serious' and he might 'land safely'. Wei Fenghe, who fell from power, had a recent incident involving the sending of a wreath to mourn the late former Vice Chairman of the NPC, Wuyunguimuge, leading to speculations of a possible mix-up. The CCP 20th Central Committee will convene in mid-July, with official adjustments made to leadership positions in five provinces, involving five Central Committee members. Additionally, the NPC formally appointed Lei Haichao as the director of the Health Commission. This article reports on the recent political developments and speculations surrounding Qin Gang and other officials in China.
Source: YAHOO
Reported about 1 year ago
During a phone call on June 27th, Chinese Vice Foreign Minister Ma Zhaoxu and U.S. Acting Secretary of State Kurt Campbell exchanged views on current U.S.-China relations. Ma clarified China's firm stance on Taiwan, Tibet, the South China Sea, and Ukraine, warning that supporting Taiwan independence would have consequences. He urged the U.S. to fulfill President Biden's commitments, respect China's sovereignty, and play a positive role in stable development of U.S.-China relations. Ma emphasized that Taiwan is a core interest of China, and endorsing Taiwan independence would lead to consequences. He also addressed issues concerning Tibet and the South China Sea, urging the U.S. to stop supporting separatist forces and refrain from interfering in China's internal affairs.
Source: YAHOO
Reported about 1 year ago
With the 27th anniversary of the Hong Kong handover coming on July 1, there's a shift in the usual protests and gatherings, making the day more sensitive. Amid news of a large police presence and warnings about attire and anthem respect, Hong Kong businesses, especially in the food industry, are offering discounts like the '7.1 Discount' to encourage locals to stay and dine in the city rather than heading north. Moreover, the opening of the Shenzhen-Zhongshan Passage on June 30 is seen as a new opportunity to boost travel between places, with Hong Kong travel agencies quickly adapting their offerings to include day trips with meals for around HKD 300, appealing to many.
Source: YAHOO
Reported about 1 year ago
On June 28, 2024, Linne Township Mayor Liu Ziyen was proposed for recall by residents of Yunlin County. The recall has entered the second stage of petition, with a deadline for submission of names on July 29. If approved, a vote will take place within 60 days. The recall, led by residents including Ceng Qingxuan, cited issues such as the shutting off of water and electricity to community centers, heavy workloads for village officials, and lack of action on various community requests. Residents argue that if the mayor is not performing satisfactorily, they should have the right to recall. Mayor Liu responded by urging residents to discuss concerns before resorting to recall, due to financial and taxpayer burdens. Linne Township residents are encouraged to engage in dialogue and give time for the township administration to show results.
Source: YAHOO
Reported about 1 year ago
The National Development Fund, with assets totaling nearly 1.3 trillion NT dollars, is planning to adjust its investment process following past failures discussed in parliamentary queries. The Fund's chairman has decided that it will only act as a follower in future investment cases and will no longer be the lead investor. The Fund aims to accelerate industrial innovation and economic transformation, attract private investment in startups, and increase its investment budget over the next four years to reach a capacity of 150 billion NT dollars.
Source: YAHOO
Reported about 1 year ago
在第29屆上海電視節白玉蘭獎頒獎典禮中，胡歌以《繁花》榮獲視帝，周迅則以《不完美受害人》勇奪視后。《繁花》共獲得5獎項，包括最佳中國電視劇、最佳攝影、最佳美術等，成為當晚的大贏家。
Source: YAHOO
Reported about 1 year ago
The US Army has awarded Lockheed Martin a $4.5 billion multi-year contract for the Patriot Missiles system. This contract covers 870 PAC-3 MSE missiles and associated hardware. Lockheed Martin is manufacturing the latest version of the interceptors, PAC-3 MSE, to support Ukraine in its defense against Russia's invasion. Each interceptor costs around $4 million.
Source: YAHOO
Reported about 1 year ago
The article discusses market trends, the impact of the presidential debate on President Biden's campaign, and announcements by major banks like JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America about raising dividends after passing stress tests. It also touches on the preparations being made to prevent cyberattacks during the 2024 Summer Olympics. The article includes insights from experts on various topics and provides a detailed analysis of the current financial landscape.
Source: YAHOO
Reported about 1 year ago
Reporters Jiang Wanyi, Li Dingyu, Yang Zhenghai / Reported Live - On June 28, 2024, New Taipei City Mayor Hou You-yi, Taichung City Mayor Lu Xiuyan, and Taipei City Mayor Jiang Wan'an gathered in Northern Taiwan, with a focus on the 2026 and 2028 elections. Lu emphasized friendship with Hou, calling him a 'big brother' while referring to herself as the 'little sister.' They discussed mutual cooperation and the upcoming races. Taipei Deputy Mayor Li Sichuan is seen as a strong contender for the 2026 New Taipei City mayoral election, with speculation surrounding Jiang and Hou's potential acceptance of him. They highlighted unity and collaboration for the well-being of the cities and citizens.
Source: YAHOO
Reported about 1 year ago
President Tsai Ing-wen submitted a request for constitutional interpretation to the Judicial Yuan through lawyer Hong Wei-sheng regarding the parliamentary reform bill, seeking constitutional review and temporary injunction. This comes after the DPP caucus and Executive Yuan filed similar requests three days in a row. The Constitutional Court accepted the DPP caucus' request and will handle the cases involving the infringed Investigation Rights of the Control Yuan. President Tsai Ing-wen opposes Parliament's expanded power, stating that while reforms are needed, they must be legal and constitutional. People's Party Chairman Ko Wen-je noted that President Tsai stated she would not abide by laws passed until the constitutional interpretation is out, leading to debates regarding the implications of this approach.
Source: YAHOO
Reported about 1 year ago
After announcing measures to punish 'Taiwan independence' elements, Taiwan's Mainland Affairs Council raised travel warnings for mainland China, Hong Kong, and Macau to 'non-essential travel' status. The Taiwan Affairs Office of China criticized the move as a blatant threat and intimidation against Taiwan's people, damaging cross-strait relations. Several incidents of Taiwanese visitors facing 'illegal detention, questioning, and searching' in mainland China have occurred, prompting the increased travel warning. The Chinese spokesperson emphasized the actions target only a small minority promoting separatism, not the general Taiwanese public, and urged against politicizing the situation.
Source: YAHOO
Reported about 1 year ago
During a parliamentary session in Taiwan, legislator Huang Kuo-chang raised concerns about the renewable energy mix, specifically the proportion of solar energy in 2026. Both Deputy Minister Chen Cheng-chi of the Ministry of Economic Affairs and Chairman Liu Ching-ching of the National Development Council were unable to provide an answer. After pressured questioning, Liu Ching-ching promised to provide a response within a month. This highlights the lack of clarity and planning in achieving renewable energy targets, with the current renewable energy generation being at 10.7% and aiming for 20% by 2026.
Source: YAHOO
Reported about 1 year ago
As the second phase of the recall of Keelung Mayor Xie Guoliang enters its final sprint, the KMT has issued a 'Stabilizing Xie' order to fully prepare for battle, but next week the Legislative Yuan's Internal Administration Committee will review the amendment to the 'Recall Law,' potentially adding a twist to the recall case. There is a debate within the KMT on whether to wait until after Xie Guoliang's recall case is resolved before pushing for amendments, with disagreements on the timing of the law revision still within the blue camp. Amid the parliamentary reform, with civil groups planning to launch recalls against several blue camp lawmakers one year after taking office, the internal debates within the KMT continue as both factions assess the situation.
Source: YAHOO