Reported 7 months ago
On June 14, 2024, after the Euro Zone Parliament elections, various countries' ruling parties performed worse than expected due to the Ukraine-Russia war fueling the growth of right-wing forces. French President Macron's popularity plummeted after his meeting with Putin before the war. The European Parliament elections resulted in the center-right 'European People's Party' securing the most seats, while the center-left 'Social Democrats' and the center 'Renew Europe' also gained significant seats, influencing the political spectrum to shift right. Macron's party losing to the far-right 'National Rally' led to him announcing the dissolution of the National Assembly and calling for early elections. Concerns arise over Macron's position affecting the upcoming Paris Olympics, with possible repercussions on the EU's Green policies, automotive industry challenges, and global economic relations.
Source: YAHOO
Reported 7 months ago
In order to compete for orders, textile factories have been expanding their production capacity for environmentally friendly 'green textiles' through the development of eco-friendly recycling and circular economy practices. Global apparel brands now require a green textile supply chain as a condition for placing orders. Various textile companies like Far Eastern New Century Corporation, Shinkong Synthetic Fibers, and Formosa Chemicals & Fibre Corp. are increasing their production capacity for green products to meet the growing demand for environmentally friendly textiles in the market.
Source: YAHOO
Reported 7 months ago
In order to support the development of technology enterprises, the People's Bank of China, in collaboration with other departments, has established a 5,000 billion yuan technology innovation and improvement loan fund, with 1,000 billion yuan specifically allocated to support first-time loans for small and medium-sized technology enterprises. The first batch of innovation loans has already been granted, with more to follow, benefitting about 7,000 qualified enterprises. Additionally, efforts to enhance cooperation between the People's Bank and the Ministry of Science and Technology aim to provide strong financial support for technological innovation and development, ultimately accelerating the growth of new productive forces in China.
Source: YAHOO
Reported 7 months ago
Since its global debut in June 2022, the MG4 has achieved strong sales in major car markets like Europe and Australia. In 2023, global sales surpassed 130,000 units and received awards such as the UKCOTY Awards, GCOTY in Germany, Gizmodo in Australia, and DRIVEN Car Guide in New Zealand. With the new MG4 now officially launched in Taiwan with the flagship MG4 EV priced at 999,000 NT and MG4 XPOWER at 1,189,000 NT, MG Taiwan has also announced the start of test drives at all MG showrooms in Taiwan from June 15. This marks MG's third new model in Taiwan and the brand's first all-electric vehicle, aiming to provide consumers with a high-performance, competitively priced CUV crossover SUV option in the market.
Source: YAHOO
Reported 7 months ago
金控三大公司在股東會上表示，今年營收有望創造新高，國泰金控、富邦金控和中信金控都展現樂觀態度。國泰金控已在前五月賺取588億元稅後純益，超越去年全年獲利；富邦金控前五月每股盈餘達4.57元，預期可能在前六月超越去年全年。中信金控稅後純益已達312億元，樂觀預估今年再創新高獲利。
Source: YAHOO
Reported 7 months ago
MSI's progress in AI server development is picking up pace, with Chairman Sheng Hsu revealing that various products, including high-end AI servers utilizing NVIDIA's AI GPU platform and MGX architecture, are gradually in place and expected to start shipping mid to late next year. With a focus on doubling digit growth, MSI remains optimistic about its business prospects for the second half of the year, having prepared its AI PC capabilities and established an AI server team in the second half of last year in collaboration with NVIDIA. The article also highlights MSI's positive outlook on the overall server business for next year, as well as its performance in the DIY market and other core business areas.
Source: YAHOO
Reported 7 months ago
On June 14, 2024, at 4:10 pm, the Mandarin Teaching Center at Da-Yeh University held an 'International Students Mandarin Speech Competition,' attracting students from France, Eswatini, Malawi, Indonesia, Mongolia, and other countries to participate. Students from diverse cultural backgrounds shared their experiences and achievements in learning Mandarin in Taiwan through self-introductions. The center's director, Peng Hanmei, aims to facilitate cultural exchange among students from different countries by creating a diverse language learning environment and promoting international perspectives. Judges Chen Junfu, Cao Xiurong, and Zhang Jiajia praised the students' Mandarin proficiency, with each participant displaying remarkable courage. International student Marjorie from France expressed her love for Taiwan and enjoyment during her study exchange, particularly fond of temples like Fo Guang Shan. Another student, Jérôme from France, appreciated Taiwan's beauty and delicacies but found stinky tofu hard to accept. Qiu Wenxin from the International Specialized Department, hailing from Malawi in Africa, found learning Mandarin fun and easy, planning to pursue biomedical studies after a year of Mandarin study in Taiwan. The event provided a platform for showcasing Mandarin learning achievements by international students.
Source: YAHOO
Reported 7 months ago
Following IMF's upward revision of China's GDP growth rate expectation for this year, the World Bank has also released a report raising its prediction for China's GDP growth by 0.3 percentage points to 4.8% for factors including stronger-than-expected exports and the Chinese government's implementation of housing market policies and increased fiscal expenditure. However, this forecast still falls below the government's 5% target, with China now facing both upward and downward economic growth risks due to various factors as outlined in the World Bank's latest brief on China's economy.
Source: YAHOO
Reported 7 months ago
New Light Steel (2031) held a shareholders' meeting on June 14, 2024, at 4:10 PM, approving a cash dividend of 3 yuan. The company believes that the global economy's continuous recovery and international investment in innovative and sustainable infrastructure to address extreme weather conditions will support global steel demand. With the increase in domestic demand due to the forward-looking plan, which expands the rigid economic construction funds to over 600 billion yuan, New Light Steel is expected to see growth momentum, targeting sales of 500,000 tons this year. Despite a 6.3% decrease in total revenue to 16.075 billion yuan last year, New Light Steel's net profit after tax soared by 320.05% to 1.655 billion yuan, and EPS jumped from 1.23 yuan in 2022 to 5.15 yuan last year. In the first quarter of this year, New Light Steel's revenue of 3.466 billion yuan decreased compared to the same period last year, but profits from investments in Century Steel led to increased net profits and EPS compared to the same period last year.
Source: YAHOO
Reported 7 months ago
Taipei-based semiconductor testing giant Hongtai held its shareholder meeting on June 14, 2024, where Chairwoman Xie Yongfen revealed that their global expansion strategy from last year has yielded impressive results, prompting them to further develop global business this year. They are focusing on advanced processes and packaging R&D in Taiwan, expanding service capacity in Japan, and deepening involvement in third-generation semiconductors and local semiconductor supply chains in mainland China. With record-high earnings in 2023, Hongtai plans to enhance R&D, develop digital customer service platforms, and strengthen internal management systems to improve global operational efficiency and continue overseas expansion.
Source: YAHOO
Reported 7 months ago
Chairman of Sakura Construction, Chen Shiying, anticipates better operational performance this year compared to last year despite some project deferrals. With nine projects scheduled for completion with a total sales amount of around 15.5 billion NT dollars, all have been sold out. Additionally, Sakura Construction will launch nine new projects across Taiwan starting from May, with a total sales amount expected to reach 23.4 billion NT dollars. The company aims to exceed last year's revenue and profit levels with a target revenue between 8 to 10 billion NT dollars. Notably, the company faced delays due to labor shortages last year. Looking ahead, they foresee a resilient housing market and plan to focus on smaller units to cater to first-time buyers, with 2-bedroom units expected to make up over 60% of their offerings.
Source: YAHOO
Reported 7 months ago
In the face of geopolitical pressure, TSMC is heavily investing abroad beyond the US and Japan, including planning to establish a plant in Germany. While most advanced processes remain in Taiwan, concerns arise regarding potential talent, technology, and industry hollowing, as well as patent and intellectual property loss. Reflecting on Japan's 'Economic Security Promotion Law,' Taiwan should enhance its industry competitiveness with measures like a cross-agency mechanism focusing on ensuring stable supply of critical materials and components, safeguarding confidential projects, and strengthening investment ecosystems both domestically and in target countries like Japan and Germany.
Source: YAHOO
Reported 7 months ago
奇鋐董事長沈慶行透露，因急單挹注，6、7月業績看旺，預期第二季營收有望上修，展望下半年水冷板出貨、AI伺服器商機引爆，預估全年營利成長率將優於營收成長率。沈慶行在股東會中釋疑市場疑慮，強調品牌和價值才是水冷市場競爭的關鍵，而不是價格。
Source: YAHOO
Reported 7 months ago
In an article by Hsu Chun-yang on June 14, 2024, it talks about the artistic journey of the artist known as 'Three Passions'. Starting from sketching outdoors in high school to exploring various painting styles like realism, impressionism, and abstract, Three Passions continuously evolves. By incorporating elements from Chinese painting, calligraphy, and even comics, the artist creates a distinct style that conveys environmental messages and emotions. With each artwork featuring calligraphic phrases, Three Passions aims to bring viewers closer to the artist's emotions and ideas, presenting a unique approach to art creation.
Source: YAHOO
Reported 7 months ago
In a meeting held on June 14, 2024, Chairman Richard Lin of Quanta Computer expressed that with the incoming AI wave, large cloud service providers are continuously expanding AI data centers to develop generative AI applications. Quanta Computer has significant orders due to their long-standing strategic relationships with clients, making the next two years extremely busy, with the following year looking promising. Lin highlighted the onset of the AI boom and the triad of new inventions, new layouts, and new market development happening concurrently. Quanta will continue to focus on intelligent manufacturing, healthcare, and mobile technologies, staying ahead in research and development. Vice Chairman CC Leung discussed the potential growth of AI personal computers in consumer markets once software applications mature and prices decrease, emphasizing the importance of price reduction for market penetration.
Source: YAHOO
Reported 7 months ago
In a recent report, HSC stated that despite global electric vehicle uncertainties, the company remains optimistic about the first half of the year matching its expectations. While the second half may pose challenges, the company has multiple clients beyond just one, with the possibility of double-digit growth in the electric vehicle sector throughout the year. With a comprehensive global layout, HSC plans to grow by expanding services to different regions and industries. Expectations are high for improved performance in various product lines in the second half of the year, with a positive outlook even after the introduction of AI systems like Apple Intelligence.
Source: YAHOO
Reported 7 months ago
StarLux Airlines Chairman, K.W. Chang, expressed confidence at the shareholders' meeting on June 14, 2024, predicting profits to reach hundreds of millions this year and hinting at dividend distribution. Chang mentioned the company is striving to expand in the North American and Southeast Asian transfer markets, anticipating explosive growth by 2026. StarLux plans to be listed by the end of the year following its profitable post-pandemic year and ambitious fleet expansion goals, targeting to become one of the fastest-growing airlines domestically within a decade.
Source: YAHOO
Reported 7 months ago
Chicony Electronics held a shareholders' meeting on June 14, 2024, announcing a dividend of NT$1.6 per share. The vice president, Lien Tzu-jui, mentioned that the Vietnam factory traditionally produced flywheels and die-cast products as semi-finished goods for Chicony Taiwan. With the operation of Johnson Health Tech's Vietnam factory, Chicony aims to supply magnetic control products for fitness equipment nearby. Chicony's Vietnam factory, spanning 30,000 square meters over two phases, focuses on production and leasing. Amidst a conservative outlook due to market factors, Chicony anticipates maintaining sales levels of commercial and home fitness components from the previous year, while also expanding their business as the agent for Curves women's fitness centers in Taiwan.
Source: YAHOO
Reported 7 months ago
高鋒為提升國內工具機市占率，決定將保固期延長至3年。目前在手訂單3、4億元，訂單能見度2～2.5個月，今年營運目標為持平。公司計畫加大大陸淮安廠資本支出，建新廠房預計2025年完工，月產值3,000萬元。高鋒主管表示，致力提升生產品質，但全球環境不利，日圓貶值對出口造成壓力。公司董事長強調必須提高品質，並持續開拓海外市場。
Source: YAHOO
Reported 7 months ago
After the Fed maintained the policy interest rate at 5.25%–5.5%, there were expectations that the rate cut for this year would be reduced from 75 basis points to 25 basis points, potentially keeping rates high for longer. In Hong Kong, the power supply sector may see growth due to rising demands during the peak summer months, with investors encouraged to focus on thermal power generation companies for stable electricity supply. Additionally, household appliance stocks, especially air conditioning units, are worth monitoring. The extreme weather conditions in mainland China may drive the demand for electricity and these sectors may become the focus of market discussions.
Source: YAHOO
Reported 7 months ago
During Tesla's annual shareholder meeting in Austin, Texas, on June 13, CEO Elon Musk made ambitious remarks, stating that the humanoid robot Optimus would propel Tesla's market value to $25 trillion, over half the current combined market value of S&P 500 companies and 8 times that of the leading US market capitalization behemoth, Apple. Musk expressed optimism about the future of Tesla, highlighting Optimus as a catalyst for this surge and promising limited production by 2025, anticipating over 1,000 or even thousands of Optimus robots working at Tesla. Despite Musk's past grand projections that have not been realized, he boasted about Tesla's chip development technology surpassing AI chip leader Nvidia. Tesla's market value closed at $580 billion on the 13th, ranking as the 10th largest component of the S&P 500 index, while the combined market value of S&P 500 companies currently stands at $45.5 trillion. Achieving a $25 trillion market value would position Tesla above half of the S&P 500 companies and 8 times Apple's $3 trillion market capitalization. Musk did not specify a timeline for achieving the $25 trillion market value but suggested that self-driving cars could boost Tesla's value to $5 to $7 trillion. Despite a 27% decline in Tesla's stock price this year due to decreased electric vehicle sales and intensified competition in China, Musk urged investors to focus on the future of self-driving cars, robots, and AI.
Source: YAHOO
Reported 7 months ago
To avoid abrupt profit and loss changes after 2026, life insurance companies are lobbying the Financial Supervisory Commission to continue using the overlay method for investments like stocks and funds under the FVTPL category. While aligning with IFRS17 for liability accounting in 2026, the special relief measure of overlay method under IFRS9 will be removed, potentially causing sudden large gains or losses due to market fluctuations. Insurers are fighting to maintain the overlay method post-2026 to ensure financial stability, as without it, market fluctuations could lead to significant changes in profits.
Source: YAHOO
Reported 7 months ago
US freight rates increased, boosting the Shanghai Containerized Freight Index (SCFI) by 6.1% to 3,379.22 points on June 14, marking a ten-week continuous rise. The strikes in the US and Europe have raised concerns, leading to speculations that shippers are advancing their shipments, with some cargo shifting towards the US West Coast. Factors such as congested ports and worker demands for wage increases in Europe are contributing to the rise in shipping rates, impacting global trade sentiments.
Source: YAHOO
Reported 7 months ago
旭隼董事長謝卓明表示，去年庫存去化告一段落，今年訂單能見度提升，全年可望恢復成長。經過今年初逆風後，營收已恢復年成長，且專注於代工市場，展望尚佳，新董事團隊入主後，營運預計持續向上。On-line UPS市場潛力看好，Inverter方面需求修正，但南亞、中東市場表現優，全年營運預料回到成長軌道，獲利也將溫和增長。
Source: YAHOO
Reported 7 months ago
市場傳出新光金與台新金的合併評估，可能在短期內取得進展。新光金總經理陳恩光形容合併就像選擇戀愛對象，對方有意願是關鍵。合併成功將帶來擴大規模、增強競爭力、擴大股東基礎與產生綜效等四大優點。金融整併是當前熱門話題，台灣金控業者積極探討合併策略。
Source: YAHOO