Reported 10 months ago
On June 19, 2024, at 4:10 p.m., Shin-I Kosei (4768) saw a surge in stock price to 257 yuan as demand for special gases in the semiconductor industry continued to recover, accompanied by the launch of a new photoresist remover product, strengthening its operational advantages. Trading volume doubled to 2,350 shares, with a net buying activity of 708 shares from the three major institutional investors. The stock price broke through the 234 yuan resistance level, turning short-term bullish as the KD indicator showed a golden cross upward trend. The company's products are used by major semiconductor and memory manufacturers globally, with expanding production capacity and positive market outlook driven by AI advancements boosting semiconductor demand.
Source: YAHOO
Reported 10 months ago
Following the excitement of COMPUTEX TAIPEI, AI tech leaders from around the world served as Taipei City's tourism ambassadors, promoting Taipei's night markets and local delicacies. Taipei City Government's Tourism and Travel Bureau, along with the Ministry of Transportation's Tourism Bureau and various travel agencies, organized three Taiwan tourism promotion events in three major cities in North America - Seattle, Los Angeles, and San Francisco. Taipei, known for its modern yet traditional charm, has been recognized as one of the 25 most popular tourist cities in the world by Tripadvisor and one of '52 Places to Go' by The New York Times. Taipei City Government is actively promoting Taipei's tourism resources as safe, convenient, diverse, and friendly to attract long-haul travelers from North America. Along with tourism campaigns, Taipei City Government is hosting international events such as the '2025 Taipei New Taipei City World Masters Games' in May 2025 to showcase Taipei's charm and promote tourism industry development.
Source: YAHOO
Reported 10 months ago
Chang Hwa Bank aims to promote financial literacy and investment among young professionals by launching the 'Good Bond' program, which allows individuals to invest in specified foreign bonds starting from $1,000, with a 50% discount on handling fees. The bank's initiative targets to attract young investors with lower capital to enter the global market, build investment portfolios early, accumulate wealth steadily, and cultivate healthy investment habits, contributing to the overall financial growth of individuals. Chang Hwa Bank plans to continue offering innovative financial products and services to meet the diverse needs of its customers.
Source: YAHOO
Reported 10 months ago
Biotech sector welcomes a new player as Anji Biotechnology (7754) is set to debut on the emerging stock market at 45 yuan per share on the 25th. Anji's Chairman, Huang Wenying, revealed that their fastest-progressing new drug is the authorized rare disease drug AJ201, currently in phase Ib/IIa clinical trials in the U.S., with unblinding expected in the third quarter of this year and pivotal trials planned for next year, aiming for drug approval by 2028. The company focuses on preclinical translational research and aims to bring new drugs into phase I/II clinical trials for early authorization. With major shareholders such as Taiwan Cement, Fubon Financial, and others, Anji plans to apply for listing on the main board by 2025. Their product line includes the Kennedy Disease treatment drug AJ201, where last year, European and American development and commercialization rights were licensed to Nasdaq-listed Avenue for $250 million, with positive prospects for regional authorization and multi-center clinical trials in the future.
Source: YAHOO
Reported 10 months ago
Sonix (5471) held a shareholders' meeting on June 19, 2024, where they announced the emergence of new AI PC and mobile products. To capitalize on market trends, they plan to launch high-end microcontrollers with AI capabilities and energy-saving concepts to establish a competitive advantage and growth momentum. The company reported a decline in overall performance in 2023 due to global economic uncertainties and market demand issues but introduced strategies for the upcoming year, focusing on AI products, energy-efficient concepts, and environmental trends like electric vehicles and carbon reduction. Sonix also revealed their new board of directors and their focus on expanding into various markets including laptops, home video, smart monitoring, and digital payment sectors.
Source: YAHOO
Reported 10 months ago
During the shareholders' meeting, the acting chairman of CSC, Wang Hsi-Chin, expressed that the production and sales of CSC in the second half of this year will be better than the first half, and next year will be even better. Despite a challenging market environment last year, CSC saw a significant profit increase in the first quarter of this year and is optimistic about the future due to favorable global economic conditions and projected growth in global steel demand.
Source: YAHOO
Reported 10 months ago
2024年6月28日將在台中市豐原舉行「2024看見台灣AI元宇宙未來已來高峰會」，論壇將探討AI在元宇宙中的應用與未來發展趨勢，包括數位藝術重塑、感官擴展、應用人工智慧、以及科技與人文跨界合作的主題。會議完全免費，歡迎參與。
Source: YAHOO
Reported 10 months ago
On June 19, 2024, Ma Ruiwen, the chairman of Yunik Life Sciences, utilized his business connections and resources to venture into the health and e-commerce field, creating a large health industry e-commerce platform. Over the past nine years, Dr. Ma has focused on biomedical technology research and successfully commercialized products, such as the popular Sir David sterilizing solution. Amid the COVID-19 pandemic, Yunik Life Sciences aided in epidemic prevention, emphasizing social responsibility. Dr. Ma recently announced the establishment of Yama Biotech, emphasizing food safety in the health industry and providing reliable health information. Yama Biotech's platform collaborates with medical experts to develop scientifically-backed health products, ensuring consumer confidence. Dr. Ma's personal fan page also aims to promote health consciousness and dietary habits to address daily health challenges.
Source: YAHOO
Reported 10 months ago
The market continues to focus on the development of Edge AI, particularly in the AI PC sector, with expectations that IC design companies in the PC sector will benefit from the wave of AI PC processor upgrades, driving up the intrinsic value of related chips. Amidst the bullish market, the report suggests focusing on Yu Tai (6679) and Silergy-KY (6415) stocks as the industry experiences an economic recovery and product upgrades. Yu Tai is expected to benefit from the increasing average number of microphones in a single laptop and upgrades to 67dB or higher, while Silergy-KY holds a leading position in the Chinese automotive IC industry and stands to benefit from the country's semiconductor localization trend.
Source: YAHOO
Reported 10 months ago
Asia Cement and U-Ming have joined forces to create an eco-friendly low carbon cement carrier, 'Asia Cement No.9,' which was launched with its maiden voyage ceremony in Hualien Port on June 19, 2024. The new ship not only improves cement transportation capacity but also significantly reduces carbon emissions during voyages, fulfilling the group's environmental commitment. U-Ming highlights the addition of 'Asia Cement No.9' as a step towards green shipping efforts and sustainable development, contributing to the maritime industry's resilience against climate change. The ship's features include advanced navigation systems, safety management systems, and energy-efficient power systems to enhance operational efficiency and reduce environmental impact.
Source: YAHOO
Reported 10 months ago
Yuqing-KY (6957) conducted a public subscription for 1,105 shares at a price of 138 yuan per share before listing, attracting a total of 93,000 applications and freezing approximately 12.86 billion yuan in the market. The draw was held on the 19th with an oversubscription rate of only 1.18%, indicating strong market interest. Yuqing is set to be listed on the 25th. The company aims to strengthen its operations by expanding its commercial display rack business customer base and collaborating with well-known manufacturers to develop Ai sleep intelligent sleep beds and related sensor product series, deepening its layout in the intelligent electric bed mechanism component field. Looking ahead to 2024, Yuqing is cautiously optimistic as it continues to expand its global business order layout and negotiates cooperation opportunities with globally renowned chain cosmetic brand clients, in addition to maintaining strong demand from major clients and observing changing technology and consumer trends.
Source: YAHOO
Reported 10 months ago
Taiwan has become an international stage for countries to come and learn about elderly health housing planning, with Singapore showing interest in acquiring knowledge. As Singapore faces rapid aging and a similar demographic trend to Taiwan, they are looking at Taiwan's innovative models and expertise in elderly care housing and services. Taiwan's vibrant market for elderly housing, with features like concept villages, intergenerational living spaces, and comprehensive care facilities for seniors, has caught the attention of Singaporean researchers and developers, leading to potential collaborations and exchange of knowledge for mutual benefit.
Source: YAHOO
Reported 10 months ago
In response to the shortage of manpower in the post-pandemic era, Jia Bei Co., Ltd.'s General Manager, Lin Yunxian, introduced SPARKOZ's AI floor cleaning robots TN70 and TN10, officially named as the 'All-Intelligent Cleaning AI Floor Cleaning Robots.' These robots integrate AI technology into traditional cleaning equipment, providing Taiwan's market with efficient and reliable cleaning solutions. As the official distributor of SPARKOZ in Taiwan, Jia Bei has marked a significant leap in the cleaning technology industry. The TN70 features advanced sensor technologies, while the TN10 is compact yet powerful, both offering data management functions for increased transparency and convenience in cleaning operations. Jia Bei also offers a range of high-end cleaning equipment and is dedicated to continuously introducing innovative and efficient cleaning solutions to meet diverse customer needs and maintain a leading position in the cleaning equipment sector.
Source: YAHOO
Reported 10 months ago
Xu Xudong, Vice Chairman of Far East Commercial Bank, emphasized the importance of staff training in the context of financial mergers and acquisitions during a shareholders' meeting on June 19, 2024. He highlighted the challenges in executing mergers and acquisitions, stressing the need for matching ideals and technologies with potential partners. The bank's General Manager, Zhou Tiancai, discussed the strategic development towards a financial holding company within the Far East Group. Emphasizing the need for internal consolidation, mutual benefit, business growth, and strong capital for successful mergers, Zhou Tiancai outlined the complex process of M&A and the necessity of rigorous employee training. With the aim to enhance its capital structure, the bank distributed dividends equally between stock and cash dividends, while also planning to strengthen its competitiveness in the face of intense competition in Taiwan's banking industry compared to world-class banks in Singapore.
Source: YAHOO
Reported 10 months ago
A recent surge in container shipping capacity and rates has led to conflicting views on the future of the industry, with some predicting a correction in prices due to increased capacity and others remaining optimistic due to continued disruptions like the Suez Canal incident. While some expect prices to rise further in the short term, concerns over potential oversupply in the market remain, especially with early signs of peak demand in the shipping industry.
Source: YAHOO
Reported 10 months ago
和潤企業慶祝25周年，在全台北、中、南三地同步舉辦ESG家庭日活動，以永續生活為主軸。活動吸引逾1,500人參與，提倡無紙化、減碳減塑，並鼓勵員工日常環保行動。活動推動健康永續，包括健走減碳競賽，並展現企業對環境永續的重視。和潤透過實際行動支持公益事業，邀請公益團體參與，希望激勵更多人投入公益，為社會共融盡一份力。公司除了多角化發展、積極轉型外，也持續以ESG永續投入與實踐，展望未來將繼續推動環境永續和社會責任活動，為共創美好未來努力。
Source: YAHOO
Reported 10 months ago
According to the U.S. Department of the Treasury's International Capital Report (TIC), China slightly increased its holdings of U.S. Treasury bonds by $3.3 billion in April, marking the first increase this year. Despite the small increase in April, China has reduced its holdings by a total of $45.6 billion so far this year. Japan, the largest holder of U.S. debt, reduced its holdings by $37.5 billion in April, while the third-largest holder, the UK, decreased its holdings by $17.9 billion. Overall, foreign investors' holdings of U.S. Treasury bonds decreased from $8.084 trillion in March to $8.018 trillion in April.
Source: YAHOO
Reported 10 months ago
Benefiting from the bullish trend in the Taiwan stock market, Yuanta Financial's stock price rose by 5.47% to NT$33.75, with a 19% year-on-year increase in net profit to NT$2.515 billion in May. Overall, the 14 financial holding companies in Taiwan collectively earned NT$52.65 billion in May, doubling from last year and surpassing the 2021 record. Fubon Financial, with a net profit of NT$16.02 billion in May and a total of NT$59.43 billion in the first five months, reclaimed the profit king title among the financial holdings. With the weighted index breaking the 23,000 mark, financial stocks like Yuanta Financial and Fubon Financial showed significant gains, reflecting the strong performance in the stock market.
Source: YAHOO
Reported 10 months ago
Taipei, June 19, 2024 - Taiwan Stock Exchange announced that Tianhong (6937) has met the requirements for margin trading and securities lending after being listed for more than 6 months since December 12 last year. Effective from June 20, the company can now engage in credit transactions. In other news, Hong De Energy is making strides in green energy and the stock market is influenced by various factors.
Source: YAHOO
Reported 10 months ago
The Taiwan Securities and Futures Market Development Fund Foundation signed a memorandum of understanding with the Asian Institute of Digital Finance-National University of Singapore on June 19th, 2024. Both parties expressed their willingness to cooperate in promoting various projects for nurturing digital finance talent, including organizing training courses, industry-academia collaborations, mutual visits, international seminars, and more. This collaboration aims to enhance the competitiveness of financial industry players in financial technology.
Source: YAHOO
Reported 10 months ago
Chunghwa Telecom and Taiwan Mobile have deepened their AI strategy by expanding cooperation with NVIDIA. Chunghwa Telecom has purchased DGX H100 from NVIDIA, and through their AI 2.0 program, they are deploying various AI applications internally before expanding to external clients and government agencies. Additionally, Taiwan Mobile is upgrading its services with NVIDIA to provide a highly realistic 3D interactive experience through the launch of Graphics Delivery Network (GDN) in partnership with GeForce NOW cloud gaming service, utilizing NVIDIA's global cloud-to-edge streaming infrastructure.
Source: YAHOO
Reported 10 months ago
On June 2, Huang Renxun presented a two-hour lecture at the National Taiwan University Sports Center, revealing a list of 43 Taiwanese partner companies, causing a stir in the stock market. The unexpected inclusion of YSY into the list saw a surge in their stock price, while other companies like Qihong and Shuanghong faced declines. Following this, Qihong’s chairman utilized an opportunity during a shareholders' meeting to emphasize the company's role with NVIDIA, while companies like Foxconn also showed their support to attract NVIDIA's attention, leading to a significant increase in stock prices.
Source: YAHOO
Reported 10 months ago
Held on June 19, 2024, at 4:10 pm, the Director of the Economic Development Department of the New Taipei City Government, Ho Yi-ming, presented a specialized report at a municipal meeting with the theme of '1234 Smart Economic Development Styles. 2024: Glory of New Taipei City', highlighting recent industrial promotion achievements and the strategic application of the '4 smart economic development styles' to advance industrial development in New Taipei. The city aims to leverage industry clustering, flexible land use, abundant talent, and green energy coordination as key benefits in AI industry development, intending to establish a foundation for the New Taipei AI City, fostering a new economic landscape. Mayor Hou You-yi stated that New Taipei is home to 26 key upstream and downstream AI companies, driving the city to become an AI foundational city through core industry clustering that includes manufacturing and ICT sectors. He emphasized New Taipei's stable and conducive economic environment, which has laid a solid foundation for smart city development amidst the global AI wave. New Taipei will continue to enhance industry support to provide innovative services and employment opportunities for residents. With a focus on attracting talent, the department will collaborate closely with 24 colleges and universities in Northern Taiwan to promote international talent matching, including 13 New Taipei-based institutions offering AI programs like Tamkang University and Fu Jen University. Additionally, in terms of coordinated green and stable energy, New Taipei has pioneered enterprise carbon health check services to ensure stable power supply from generation to transmission. The city will persist in co-creating the future of smart cities with businesses, advancing the 'One-stop Investment Attraction', 'Dual Energy. Dual Axis Transformation', 'Triple Force', and 'City of Prosperity' 4 styles of smart economic development, aiming to promote prosperity in all sectors and enhance the city's economy together. (Advertisement by New Taipei City Government Economic Development Department)
Source: YAHOO
Reported 10 months ago
During the shareholder meeting on June 19, 2024, Silicon Intellectual Property (IP) giant Largan (3529) successfully passed resolutions such as the reelection of directors and acknowledgment of financial reports. Largan announced its initiation of the development of the 2nm process, aiming to inject momentum into future royalty growth. With key figures from TSMC joining Largan's board and with plans to enter the 2nm IP market in collaboration with TSMC, Largan is strategically positioning itself in advanced manufacturing processes. Despite economic challenges, Largan remains proactive in expanding its technology, collaborating with foundries, and diversifying revenue streams, showcasing stable growth in royalty income.
Source: YAHOO
Reported 10 months ago
Zhenwei Biotechnology, founded by a group of Ph.D. graduates from the biotechnology industry of National Cheng Kung University, has made significant progress in analyzing the 'inflammatory response' in the laboratory over the years. Since winning the first prize of the Innovative Entrepreneurship Incentive Program (FITI) in 2018, they have developed a variety of antibody drugs, peptide drugs, and diagnostic reagents for tracking disease progression targeting key proteins for the treatment of chronic diseases. The company also extends their technology to the skincare line 'Zhenqi Skin'. By targeting common inflammatory response factors activated by various stimuli, Zhenwei Biotechnology has developed peptide inhibitors aiming to simplify and directly address chronic inflammatory diseases caused by abnormal inflammatory responses. The company is dedicated to developing drugs not only for human chronic inflammatory diseases but also exploring the application of peptide products in various fields. Zhenwei Biotechnology is also striving to expand into the skincare, medical diagnostics, pet medical drugs, and health food markets to support their key protein antibody drug in auxiliary cancer treatment and clinical trials for conditions such as pulmonary fibrosis post-pandemic. The general manager, Du Junyi, expressed the company's hope to achieve the goal of 'broad-spectrum drugs' through their antibody drugs in the near future, after completing preclinical animal testing in the current drug development process.
Source: YAHOO