Reported 7 months ago
Taiwan's stock market continues to hit new highs, with notable capital flowing into summer-related concept stocks. By mid-June, the index surged by 4,573 points, a 25.51% increase, driven by AI and semiconductor stocks. However, investments are now shifting towards companies related to the summer season, with strong performers such as gaming company G.C., airline company China Airlines (CAL), and electronics manufacturer Avektac, among others, receiving significant attention from foreign investors this week. Analysts suggest that as the summer season progresses, stocks related to power shortages, water resources, and summer holidays are likely to see increased market interest, directly influenced by peak season revenues and profit growth. Selection of stocks, though, should still come back to fundamental analysis.
Source: YAHOO
Reported 7 months ago
In the rush to issue overseas bonds by life insurance companies, National Life Insurance Company has taken the lead. They plan to establish a Special Purpose Vehicle (SPV) in Singapore to issue bonds with a maximum limit of 30 billion NT dollars in US dollar bonds, seeking the right timing to issue within a year. This move comes after other insurers like Shin Kong Life successfully obtained approval for domestic bond issuance as well. The Financial Supervisory Commission's policy allows life insurance companies to set up SPVs overseas to raise funds, with National Life quickly acting. In a bid to secure significant funding injections, they have announced plans for overseas bond issuance after setting up the SPV in Singapore. Their goals include issuing 300 billion NT dollars in bonds for the second time this year, totaling 800 billion NT dollars raised, marking the largest annual fundraising amount in the company's over 60-year history.
Source: YAHOO
Reported 7 months ago
Taiwanese factories like Foxconn and Dongyuanxin are mentioning that many types of edge devices are now equipped with AI capabilities, with projections of over 1 billion AI smartphones by 2027. This surge in AI devices is expected to drive demand for testing services, benefiting companies like Foxconn and Dongyuanxin. These companies foresee growth in testing projects for devices like WiFi 7, with Foxconn aiming for revenue growth in the coming months. The evolution of communication technologies, such as 5G, is leading to increased test orders and the need for compliance with various standards. Overall, the testing market is showing steady growth as the demand for AI and diverse devices continues to rise.
Source: YAHOO
Reported 7 months ago
On June 14, 2024, in Taiwan, immersive experiences are becoming a rising trend that combines technology and art, gaining attention from more businesses and consumers. Lo Jurong, an experienced professional in market planning and management, has founded a company dedicated to promoting innovative light art exhibitions. By merging technology and art, the company aims to create unique immersive experiences for people to contemplate the future and appreciate the present. Lo plans to expand exhibitions globally, collaborate with international artists and tech companies, invest in new technologies, and promote art education and environmental initiatives, showcasing his commitment to art-tech fusion, public welfare, and sustainable development, thus nurturing talent in Taiwan's digital art scene.
Source: YAHOO
Reported 7 months ago
Starting July 4, the EU will impose tariffs on Chinese electric vehicles, prompting China to consider retaliatory measures against EU gasoline cars and brandy. Concerned about potential economic impact, Germany is working to prevent the new tariffs from taking effect or to lower the tax rate, sending its economy minister to China next week to mediate and avoid escalating bilateral tariff conflicts. The move comes as Chinese electric cars flood the European market, with the EU Commission announcing temporary anti-subsidy tariffs on imported Chinese electric cars, up to 38.1%. If tariffs on European cars are imposed, EU's car exports to China may suffer a blow, impacting operations for car manufacturers like BMW, Mercedes-Benz, and Volkswagen who heavily rely on the Chinese market.
Source: YAHOO
Reported 7 months ago
汽车电子化日益复杂，促使汽车业者研发ASIC（定制化晶片）以满足增强功能需求、提高成本效率和降低复杂性。预计到2031年，车用ASIC市场规模将增长至258亿美元，年均复合增长率高达29.2%。各公司如特斯拉、创意和智原等在车载ASIC领域都有不同的发展和竞争策略。
Source: YAHOO
Reported 7 months ago
本周兩股新進入興櫃市場，竑騰和東聯互動漲幅分別達58.6％和26.17％，成功霸榜。竑騰主要提供半導體封測產業解決方案，受惠於先進封裝市場成長預期；而東聯互動則提供跨境金流服務，在市場定位與利基持續優化。興櫃市場週漲幅前十大股票漲幅介於14.05％至58.6％不等，產業以電子族群居多，展望良好。
Source: YAHOO
Reported 7 months ago
Speculation arises that the Chairman of Taiwan's Institute for Information Industry (III) may change hands with rumors suggesting that Huang Chung-ming, President of Tainan Loyal Friends Club and former Chairman of WiseCore Technology, will be appointed as the new Chairman. An extraordinary board meeting is said to be scheduled next week for the election, but III has remained tight-lipped about the matter. III, a crucial government think tank, is currently focused on developing strategic plans as a third-party collaborating organization to aid in industrial transformation and order maintenance, with plans to enhance Taiwan's international competitiveness in various areas such as carbon border adjustment mechanism and international cybersecurity standards for local businesses to enter global markets efficiently. While the board and supervisors' election was held just last July with Lee Shih-Kuang remaining as Chairman, speculations of personnel changes have emerged following the new government taking office. Huang Chung-ming is rumored to potentially assume the Chairman position. Despite an upcoming board meeting in July, there are talks of an interim board meeting to discuss the new personnel changes, with III preferring not to comment on the matter.
Source: YAHOO
Reported 7 months ago
As Huawei launched 5G smartphones directly competing with Apple, its self-developed operating system HarmonyOS has gradually increased its market share in mainland China. According to Counterpoint Research, in the first quarter of 2024, HarmonyOS surpassed Apple's iOS with a market share of 17%, becoming the second-largest smartphone operating system in the Chinese market. This shift is attributed to consumer support for local products amidst the US-China tech war, as well as the strong adoption of 5G technology. Huawei aims to have 5,000 native HarmonyOS apps by the end of 2024 and ultimately become the world's third-largest mobile operating system.
Source: YAHOO
Reported 7 months ago
Stellina Chen, a 32-year-old political cartoonist from Taiwan, recently published a book titled 'Artificial Intelligence: Evolution?' with 120 global news cartoons discussing AI issues. With a background in diplomacy, Chen draws inspiration from international current events. Over her seven years in the political cartoon industry, she has gained recognition internationally, with her works featured in European media like Le Monde and France 24. Chen's solid foundation in international affairs, fostered by her studies at National Chengchi University and a year as an exchange student in France, has allowed her to excel. Despite facing challenges switching from watercolor sketching to the political cartoon realm, Chen's perseverance and dedication have paid off, with her creations gaining more prominence amidst global political events and her book 'Dans la cour des grands' receiving acclaim and now being published in Chinese for the first time.
Source: YAHOO
Reported 7 months ago
On June 14, 2024, Alter Electric (stock code: 1503) surged due to successful projects in Taiwan Electric's resilient grid plan, solar photovoltaic projects, and energy storage system contracts, leading to a record high consolidated revenue for the first five months. Despite foreign investors turning from buyers to sellers with 991 shares sold on the 14th, institutional investors and proprietary traders jumped in, causing a rush of buying orders in the market. The stock hit the daily limit up of 269.50 yuan within 40 minutes of trading, closing with a significant increase of 24.5 yuan, breaking through the resistance of the 5-day, 10-day, and 20-day moving averages. Alter Electric's uncompleted project acceptances affected revenue recognition, resulting in May's consolidated revenue being the third highest for the same period; the combined revenue for the first five months reached 15.316 billion yuan, a 7.89% yearly increase and a new high for the same period. Alter Electric's power equipment business received a large order and is investing 1 billion yuan to build a new power equipment factory in Hukou, Hsinchu, aiming to commence production in the first quarter of 2025 with an estimated 25% increase in annual production capacity. This was reported by the Commercial Times. Six days left Countdown, local investors strive to balance accounts, and the Taiwan stock market declines. Two major local investors support the market with billions in funds, and tax cuts for day trading passed the third reading, boosting the Taiwan stock market.
Source: YAHOO
Reported 7 months ago
隨著進入6月中旬，投信作帳向集團蹭熱度，台股ETF換股拉抬新成份股買盤走強，吸引主動基金跟進，形成集團、投信聯手作帳榮景。預估季底前的強勁作帳力道將影響股市，包括15檔潛力強棒股如長榮航、中信金、群益證和聯電等，將有助台股逼近23,000點。內資季底作帳行情關鍵期間也將到來，投信本月來買超張數排名前位的個股有長榮航和中信金，形成內外資協力的強勁買盤。
Source: YAHOO
Reported 7 months ago
Yung San Motor Group announced the acquisition of the Taiwan agency for Austrian sportscar brand KTM Sportcar, introducing the new limited edition X-BOW GT-XR model to the market for elite buyers to enjoy a unique brand experience. The GT-XR, produced in limited quantities at the headquarters in Graz, Austria, inherits the competitive style of LMP and GT racing cars, featuring bold and sharp lines designed by the renowned KISKA company. Yung San International, a subsidiary of Yung San Motor Group, has already imported the first GT-XR model and plans to officially launch the brand's products and market planning in the third quarter of 2024.
Source: YAHOO
Reported 7 months ago
YH E&M (3622) benefits from Taipower's robust grid plan, turning around with its mechanical and electrical business after a recent consolidation phase. The stock saw a significant surge on June 14, reaching the daily limit at 76.5 yuan with a weekly gain of about 24% and trading volume reaching 15,000 shares. YH E&M mainly produces cable terminal boxes and connectors, serving major cable factories in Taiwan. Taipower's 10-year, 560 billion yuan robust grid plan is expected to bolster the company's performance over the next few years. With the current order status for this year indicating a utilization rate similar to last year at 70%-80% and nearing full capacity, the overall performance is expected to match last year's levels. In terms of the optoelectronics business, vertical integration and increased production in Vietnam are expected to improve the financial performance.
Source: YAHOO
Reported 7 months ago
Chen Yuguang/Taipei reports that on June 14, 2024, at 4:10 p.m., Yuanta Securities announced a personnel change with Vice Chairman Huang Weicheng resigning from the position. He will serve as a director of Yuanta Securities starting from July 1 and continue as the Executive Vice President of Yuanta International Business and the Chief Strategist of Yuanta Financial Holdings. The appointment of a new Vice Chairman of Yuanta Securities has not been announced yet. Huang Weicheng, who has been with Yuanta for over 20 years, will focus on international business and group strategy development, resigning as Vice Chairman but remaining as a director to oversee the company's operations. Yuanta Financial Holdings hopes to leverage his expertise to strengthen core business contributions and enhance overseas operations, aiming for integrated growth benefits across the group.
Source: YAHOO
Reported 7 months ago
Taiwanese senior stock analyst Jian Boyi's economic data analysis on June 14, 2024, reveals that the US Federal Reserve kept interest rates unchanged for the seventh consecutive time, with expectations of only one rate cut in 2024. In terms of inflation, the US May CPI slightly decreased, supporting the Fed's cautious stance on rate cuts. Taiwan's listed companies reported record-high revenue in May, showing positive growth trends. With technical analysis indicating upward momentum for Taiwan stocks, the overall outlook remains positive. Stock selection direction recommends focusing on shareholder meetings and high-dividend stocks, while upcoming changes in carbon trading policies and Apple's AI strategy could also impact investment decisions.
Source: YAHOO
Reported 7 months ago
Following the dissipation of negative impacts from recent housing market measures, construction stocks like Aishanlin, Huagu, and Dajiang surged over 5% on June 14th. The Central Bank maintained interest rates and implemented two housing market control measures, leading to limited market impact. Construction stocks relaxed as a result, with Aishanlin (2540), Huagu (2548), and Dajiang (1453) rising over 5% on the 14th, attracting significant buying interest. Despite the limited impact of the credit control measures, it was noted that key construction stocks rebounded, though there may still be pressure on building material and construction sectors. It was suggested to adopt a strategy of buying on pullbacks to reduce risks from chasing after recent gains in the construction sector.
Source: YAHOO
Reported 7 months ago
Taiwan's stock market has recently been hitting new highs, with Cathay Financial Holding's General Manager Lee Chang-keng expressing concerns about the high stock prices and increasing price-to-earnings ratios. While the utilization of AI is expected to drive business opportunities in the future, if profits fail to keep up in the short term, market volatility may occur. The structure of the stock markets in Taiwan and the U.S. seems very similar currently, focusing on a few stocks, mainly related to AI. Investment caution is advised regarding profits versus expectations in the AI industry.
Source: YAHOO
Reported 7 months ago
When asked how to master the sharp perspective of political cartoons, Chen Xiaohan mentioned the importance of accumulating experience through extensive reading and digesting news information. She emphasized the need to find a sensitive point to visualize the issues accurately. Chen also highlighted the timeliness of news cartoons, mentioning the risk of missing publication opportunities if the submission is delayed even by a day. Additionally, the article discusses China and Switzerland's plans for stock market connectivity, Strong's aggressive approach in the electric vehicle market, the increase in overseas trading activities, and the surge in cumulative entrusted assets in the first 11 months.
Source: YAHOO
Reported 7 months ago
Semiconductor equipment manufacturer Wan Run (6187) recently disclosed its self-financial numbers for April, revealing a post-tax net profit of 86 million NT dollars, marking a substantial 617% increase from the same period last year. With revenue of 333 million NT dollars in April, a 301% year-on-year growth, Wan Run's performance is attributed to the expanding production of advanced packaging by TSMC next year. Analysts expect Wan Run's operation to remain strong next year. The company has been actively involved in 2.5D and 3D packaging equipment in anticipation of future trends. Wan Run plays a vital role in TSMC's CoWoS technology supply chain, benefiting from TSMC's extensive CoWoS capacity expansion efforts. Market analysts are optimistic about Wan Run's outlook for the current and upcoming year.
Source: YAHOO
Reported 7 months ago
在義大利舉行的七國集團（G7）峰會討論中國產能過剩及在俄烏戰爭中是否暗助俄羅斯的議題，凸顯美歐國家憂慮中國補貼綠色能源和科技業，因低價產品傾銷全球市場帶來不公平競爭，G7計畫採取行動應對中國不公平商業做法。
Source: YAHOO
Reported 7 months ago
Yuanta Financial Holding held a shareholders' meeting on June 14, 2024, where they approved the 2023 annual business report, financial statements, dividend distribution, and long-term fund raising. They also passed a resolution to amend the company's articles of association, changing the company name to 'KGI Financial Holding Co., Ltd.' to further integrate the group's brand identity and create a more comprehensive brand synergy. Since the decision to change the name in late April, the stock price has risen by over 20% by the meeting date, demonstrating a clearer brand recognition and gaining investor approval for long-term development synergy. The company plans to continue enhancing brand recognition and business efficiency to attract more market and shareholder recognition, accelerate group-wide development, and create more value for shareholders.
Source: YAHOO
Reported 7 months ago
According to reports from Taipei by Tsai Huifang and Guo Jitian, the Central Bank's board of directors decided on June 14, 2024, to maintain its policy interest rate, leading to optimistic interpretations in the commercial real estate market, with industry experts foreseeing a 'stable bullish' outlook. Various trends include the scarcity of high-yield products, challenges for property buyers, and the rise of AI-powered solutions, all contributing to a positive sentiment in the market. Despite warnings about evolving demand and debt structures, recent data shows significant growth in land and commercial property transactions, indicating a resurgence in market activity.
Source: YAHOO
Reported 7 months ago
StarLux Airlines, through capital increase and profitability, will be listed with a diverse IPO approach, marking the first instance of a diversified IPO on the Taiwan Stock Exchange. Following this, Tigerair Taiwan is set to transition to the main board in the fourth quarter of this year, potentially leading to all four major national airlines in Taiwan being publicly listed before the year ends. The move towards diversified IPOs by the Stock Exchange aims to assist financially struggling large enterprises in accessing funding channels without the strict profit requirements, but with certain criteria including a market value of over 5 billion NTD, annual revenue exceeding 5 billion NTD, and positive cash flow from operating activities over the past year.
Source: YAHOO
Reported 7 months ago
Gynecologist Chen Chiping's story of saving fetuses through artwork is showcased in the 'Beauty of Life, Rainbow Poetry' art exhibition, in conjunction with the release of a special edition of 'Collections' magazine in June. The exhibition, featuring 31 pieces, is open to the public at CollecCafé until the end of July on the 4th and 5th floors. Chen Chiping, a renowned gynecologist who received recognition for his medical contributions, showcases his exceptional painting skills that touch hearts and reflects his rich life experiences on canvas. The exhibition highlights the fusion of music and visual arts in a rare collaboration with composer Zhong Hongyuan, emphasizing the beauty of life and art.
Source: YAHOO