Reported 7 months ago
美国联邦储备委员会（Fed）公布最新利率决策，连续第七次维持利率不变在5.25％到5.50％之间。然而，利率点阵图显示，决策官员将今年降息次数大幅减少至一次。预测显示，今年底联邦基金利率水平将降至5.1％，降息幅度约为25个基点。Fed对通胀放缓持谨慎态度，十年期美国公债收益率飙升到4.308％。至明年底，联邦基金利率预计将降至4.1％，意味着明年将有四次降息。Fed维持对今年经济增长和失业率的预测，但对通胀的表述有所调整，同时决定继续减少持有的美国公债、机构债务和机构MBS。
Source: YAHOO
Reported 7 months ago
Amid the pursuit of business growth, balancing ESG sustainability goals is a common challenge for international companies in recent years. To promote Taiwan's corporate governance measures and align with global standards, the Taiwan Stock Exchange recently released the results of the 10th Corporate Governance Evaluation. New Century (8234), a leading industrial computer manufacturer, achieved a top 5% ranking among the many listed companies evaluated, demonstrating excellence in corporate governance practices and social commitments. In addition to excelling in the assessment, New Century is also committed to ESG practices, with initiatives like establishing a sustainability committee, publishing sustainability reports, disclosing greenhouse gas data, and collaborating on carbon footprint certification systems.
Source: YAHOO
Reported 7 months ago
According to a June 13, 2024, report from Nikkei Asia, ASEAN countries' exports to the US in the first quarter of the year surpassed those to China for the first time in six quarters, indicating a significant shift in trade activities within ASEAN as global supply chains realign. Data from ASEAN and individual governments showed exports to the US at $67.2 billion, exceeding the $57 billion to China. Experts attribute this trend to increased US purchases of semiconductors and electronic components from ASEAN, as well as China's slower economic growth. Malaysia's exports to the US in Q1 grew by 8%, while those to China decreased by 3.3%. This shift has been driven by both structural and cyclical factors, with increasing cost in China and geopolitical tensions pushing more US companies to expand beyond China, benefiting countries like Malaysia and positioning it as an attractive alternative for production. Vietnam, on the other hand, saw a 24% increase in exports to the US in the first quarter, reaching $25.7 billion, surpassing Thailand's $12.6 billion and Singapore's $12 billion. Vietnam's economist Le Dang Doanh noted the complementarity between the US and Vietnam in exports, where Vietnam's competitive pricing in goods like smartphones, electronics, agriculture products, wood furniture, textiles, and apparel has led to a significant export potential to the US. The US-China trade war has further favored Vietnam's exports to the US, with the imposed high tariffs on Chinese goods making Vietnamese products more competitive. Thailand also experienced a 9.8% increase in exports to the US in Q1, while exports to China decreased by 5.1%, mainly due to a sluggish demand for automobiles in China amid deflation risks. This shift highlights the impact of US-China relations on the export dynamics of ASEAN countries.
Source: YAHOO
Reported 7 months ago
Unified Futures provides, compiled by Huang Yan-Hong on June 13, 2024, at 4:10 pm American time. The May CPI in the United States was unexpectedly lower than market expectations, driving TAIEX Futures to another all-time high, reaching a peak of 22,473 points during the day and closing up 277 points at 22,323 points. Looking at institutional funds, the total net buying of the three major institutional investors in the spot market was NT$33.74 billion, with foreign investors net buying NT$32.3 billion, supporting the continued rise of the index. Examination of options flow showed that foreign investors positioned 101 million yuan on the long side, while proprietary traders positioned 139 million yuan on the short side. Foreign investors significantly added to long positions, but proprietary traders closed out significant long positions at high levels, resulting in a net long position decrease to 5.8 million yuan, with different views from the two main players. In terms of futures, foreign investors added 546 short positions in the night session and 2,896 short positions in the day session, increasing the net open short positions to 15,016 contracts; the top ten specific institutional investors added 1,719 short positions to 7,950 positions. Despite the index hitting a new high again, foreign investors did not cover short positions, instead adding significant short positions at higher levels, showing a clear hedging intent. The top ten specific institutions also added short positions at higher levels, keeping the overall futures sentiment bearish. The lower-than-expected US inflation data ignited a strong rise in US tech stocks, prompting market participants to actively buy Taiwan electronic stocks, driving TAIEX Futures to a new all-time high. Despite main players in futures maintaining a bearish stance and option leaders showing a mixed stance between foreign and domestic investors, with the three major institutional investors actively buying in the spot market and uncertainty regarding the overall US economic factors temporarily eliminated, TAIEX Futures are expected to continue rising.
Source: YAHOO
Reported 7 months ago
2024年6月22日，台中舉辦「2024投資新趨勢」系列講座，由證券暨期貨市場發展基金會主辦。活動將涵蓋新制度、新商品、證券期貨等議題，希望幫助投資者掌握市場趨勢、制定投資策略，保障投資權益。凡參與者還有機會獲得多項實用好禮，而活動報名詳情及詢問電話可至證基會官網查詢。
Source: YAHOO
Reported 7 months ago
金管会对虚拟资产业强化管理进入第二阶段，虚拟通货公会（VASP公会）成立大会召开，24家虚拟通货业者加入，首次理事长鄭光泰强调制定自律规范、加强管理；公会与法务部合作建立反洗钱机制、致力降低产业风险与负面事件、塑造清洁、安全和可持续的产业环境。
Source: YAHOO
Reported 7 months ago
In the shareholder meeting held by Sanyo Electric on June 13, 2024, the company stated that due to a later-than-usual rise in summer temperatures, along with diminishing benefits from energy subsidies and reduced cargo tax exemptions, overall sales have declined. The company aims to recover in the second half of the year and strive for stable annual performance. Despite challenges such as rising shipping costs and the impact of the New Taiwan Dollar depreciation on profits, Sanyo Electric remains focused on its performance goals. Additionally, updates on the progress of the Tai Shan factory development project were provided, with ongoing negotiations and cooperation with the New Taipei City Government.
Source: YAHOO
Reported 7 months ago
Held by 16 ETFs, Nvidia's stock split in June 2024 led to historic highs, with four of these ETFs doubling in value in the past year, reaching as high as 146%. Topping the charts is the FANG+ ETF (00757) with a 346.09% increase over the past five years. The loosening monetary policies by the Fed are expected to further boost the valuation of tech growth stocks, potentially driving tech ETF prices even higher. Expectations are positive for tech ETFs following significant announcements at COMPUTEX, with the overall economic signal index for Taiwan rising to 35, the first uplift in 25 months.
Source: YAHOO
Reported 7 months ago
Taipei report by Huang Yourong, Dai Ruiyao, Huang Yuting on June 13, 2024, 4:10 PM: Central Bank implements the sixth wave of selective credit controls; national banks analyze that the reduction in the second household loan-to-value ratio has limited impact on housing prices but is clearly aimed at curbing speculation. Analysts believe the new 'Green & Safe Housing Loan' scheme may stimulate the property market, prompting state-owned banks to scrutinize credit approvals. Economists point out limited impact on housing prices due to one-year lock-in period for property swap buyers; aim to deter speculation through communication. Measures can only suppress further price increases as demand remains strong.
Source: YAHOO
Reported 7 months ago
At a press conference on June 13, 2024, Google and the National Health Insurance (NHI) agency jointly announced a five-year collaboration to develop customized AI models for diabetes analysis and research. The study aims to predict and prevent disease onset in high-risk populations, improving disease awareness among potential patients. This initiative marks Google Cloud's first foray into healthcare-related AI models in Taiwan, aligning with the NHI's 'Health Taiwan' initiative to leverage AI technology and data analysis to enhance diabetes management and intervention strategies for early diagnosis and care.
Source: YAHOO
Reported 7 months ago
Huaxinke's vice chairman, Gu Lijing, anticipates an increase in the company's capacity to 80% in the second half of 2024, driven by the upcoming peak season for smartphones. With a focus on their liquid-cooled servers and high-power electrical demands, Huaxinke is in a promising position with clients like Lite-On Technology and Delta Electronics. Anticipating growth in the second half of 2024 and into 2025, especially with the early preparations by Southeast Asian and European American appliance factories for the Christmas demand, Huaxinke sees potential for a recovery to pre-pandemic levels by 2025 in response to various market drivers such as the increasing demand for passive components in AI applications.
Source: YAHOO
Reported 7 months ago
Securities News Center lists on June 13, 2024, 4:10 PM: Shareholders’ Meetings: Quanta, Pegatron, Wistron, Fubon Financial, Cathay Financial, First Financial, E. Sun Financial, Taishin Financial, Shin Kong Financial, CTBC Financial, etc. * Ex-Dividend & Ex-Bonus: Diyes, Delloy, Newtrend * Investor Conferences: Advantech, Abus, CTBC Financial, ChipMOS, Foxconn, Unizyx, Siswe, Alcor, Delta Electronics, HTC * Stocks to Watch: Accton, Datavan, GEMTEK, Rongstar, Hermes-Epitek, Etron, MediaTek, Inmax, State Industries, Newtech, KPCB, Asmedia, Unizyx, Sitronix, Mstar, Alchip, Win Semiconductors, Everest, Solartech, Qisda, Aces, Hiwin, CloudPick, RichWave, Risingtek, Foshan, JihSun, Delta Cast, Gemtek, Chipbond, etc. Economic Daily reports Hsinchu Science Park's differentiation case approved. How is cultivating land defined? Academia Sinica forecasts Taiwan's inflation rate to exceed 2% next year.
Source: YAHOO
Reported 7 months ago
Central Bank Governor Yang Jinlong raised the deposit reserve ratio and implemented selective credit control measures for the housing market to avoid deepening inflation expectations while ensuring economic growth, focusing on stocks but pointing directly at the housing market. Despite the current economic growth rate estimated at 3.77% and a Consumer Price Index (CPI) year-on-year increase of 2.12%, the central bank aims to manage expectations to prevent rising prices rather than directly controlling prices, as shown through the newly implemented credit control measures specifically targeting housing loans. The market reaction will ultimately determine the effectiveness of these policies in curbing house price increases and speculative activities.
Source: YAHOO
Reported 7 months ago
KGI Securities has initiated a fundamental research on the water resource industry in the Taiwan stock market, the first among large internal and external research institutions, citing strong industrial water demand, increasing extreme weather events posing challenges to water resource management, and accelerated government investment in water facilities as positive factors. They have issued a 'Buy' rating for the benchmark stock Guo Tong (8936), estimating a reasonable price target of NT$114, potentially seeing a triple-digit figure. By looking at the water resource industry from a medium to long-term fundamental perspective, KGI Securities aims to attract long-term funds into the sector, analyzing the profit-explosive era the industry is entering, and providing a more comprehensive perspective for the market to consider.
Source: YAHOO
Reported 7 months ago
Broadcom, the US telecommunications chip giant, announced a stock split of 1:10 effective July 15, coupled with better-than-expected Q2 earnings driven by AI until May 5, 2024, causing its stock price to skyrocket over 15% to a new high of $1,722.21 on the morning of June 13. TSMC seized the opportunity with TSMC concept stocks surging, Entering and Unimicron hit their limit-up prices, and ASE Technology also surged 6.93%. Broadcom's market value approaches $800 billion with a nearly 60% increase in share price for this year so far, and positive expectations for entering the trillion-dollar club eventually. The stock split aims to make it easier for investors and employees to buy Broadcom shares and provide added flexibility for existing shareholders. Analysts suggest that high-priced stock splits often lead to better performance, with an average 25% return after a year for split stocks compared to the S&P 500’s 12% average. Overall, with the boost in AI performance, Broadcom is predicted to continue its positive momentum post-split.
Source: YAHOO
Reported 7 months ago
Benefiting from increased customer orders, Taiwan Banqiao (9938) and Banqiao-KY (8404) saw enhanced profits. Taiwan Banqiao reported consolidated revenue of NT$6.112 billion in the first five months, a 27.75% annual increase, with a net profit of NT$582 million, a 239% annual increase, and an EPS of NT$1.95; in May alone, revenue reached NT$1.322 billion, a 38.07% annual increase, with a net profit of NT$119 million and an EPS of NT$0.4. As for Banqiao-KY, revenue for the first five months was NT$2.715 billion, a 39.43% year-on-year increase, resulting in a net profit of NT$146 million, turning around from a net loss of NT$316 million in the same period of 2023, with an EPS of NT$0.37, and May revenue of NT$601 million, a 51.55% annual increase, net profit of NT$31.46 million, and EPS of NT$0.07.
Source: YAHOO
Reported 7 months ago
In its sixth wave of targeted credit control measures in the housing market, the Central Bank of Taiwan has reduced the maximum loan-to-value ratio for second property purchases from 70% to 60% in specific areas (including six major cities and Hsinchu County), effective from June 14. This move aims to address the rapid rise in property prices and lending volumes. The Central Bank will continue monitoring the market closely and focus on indicators like banks' real estate loan concentration and financial stability, implementing rolling adjustments to maintain market stability.
Source: YAHOO
Reported 7 months ago
The Taiwan stock market has remained stable above the monthly line since May, with a positive market sentiment. Recently, sector rotation in sectors with strong performance and high dividends has boosted the market, particularly in the electronics sector. Short-term market remains bullish while the long-term trend is unchanged, with the AI concept in electronics stocks remaining the main focus. Various upcoming events, such as the Taipei Computer Show and Apple WWDC, are expected to further enhance the market's AI focus. While challenges like high valuation and record-high margin financing exist, opportunities in sectors like semiconductor supply chains and AI supply chains are promising for investors.
Source: YAHOO
Reported 7 months ago
The Federal Open Market Committee (FOMC) remains unchanged in its seventh consecutive meeting with a hawkish yet dovish tone. National banks hold different views on the US rate cut; Chinatrust Commercial Bank maintains the belief that the US will cut rates for the first time in Q3, while Bank SinoPac predicts two rate cuts this year, recommending buying on dips when the 10-year US Treasury yield surpasses 4.5%. Banks see potential in the US market due to strong Q1 economic data and the global manufacturing recovery potentially boosting corporate profits, despite short-term corrections. Investment in US stocks is viewed positively, with the S&P 500 index predicted to range between 5,000 and 5,600 points.
Source: YAHOO
Reported 7 months ago
Jinli Technology (Stock Code: 3228) held a shareholder meeting on June 13, 2024, and approved a private placement of up to 12.8 million shares with a subscription price not lower than 80% of the market price. Chairman Yi Jianman stated that the company turned the loss into profit in the first quarter of 2024 after facing a loss in 2023 due to reduced shipments during the pandemic. With a significant investment in R&D, Jinli Technology has introduced advanced products such as a 64-core server CPU, PCIe 5.0, and upcoming developments like PCIe 6.0/CXL3.1 Switch and NVLink Switch chip, aiming to enhance product efficiency and expand applications in the AI server market.
Source: YAHOO
Reported 7 months ago
Benefiting from the increasing number of migrant workers in Taiwan, Trans Zhen recorded a consolidated revenue of 1.161 billion in the first five months of this year, a 31.64% year-on-year increase. As a leader in the migrant small amount international remittance service market, the company looks forward to a cautiously optimistic outlook for this year, aiming to boost long-term stable growth through increased registration of effective QuickPay APP members, remittance transactions, and retail shipment collaborations in cosmetics and health products. The company recently approved last year's financial statements and profit distribution during the shareholders' meeting, deciding to distribute a cash dividend of 2.73 yuan per share, with a cash dividend rate of 99.64%, marking five consecutive years of dividend distribution exceeding 70%. With the labor shortage becoming a norm, the Ministry of Labor agreed to expand the quota for migrant workers and modify related regulations, contributing to the continuous increase in the number of foreign migrant workers in Taiwan and assisting in the growth of Trans Zhen's financial technology business. By establishing a financial technology mobile APP connecting convenience stores and a comprehensive network of foreign financial institutions from Vietnam, Thailand, Indonesia, the Philippines, etc., the company simplifies remittance procedures for foreign workers in just four steps, significantly shortening the time for transferring funds back home from 1 to 2 days to within an hour. Anticipating a cautiously optimistic outlook for 2024, Trans Zhen is optimistic about the influx of Taiwanese businesses, increasing demand for foreign migrant workers, and the government's relaxation on introducing foreign workers. Leveraging its 24 years of experience in the migrant telecom prepaid card market, the company aims to deepen relationships with partners, promote the QuickPay platform's small amount international remittance service, and capture more market share in the foreign migrant worker sector. In May, Trans Zhen recorded a consolidated revenue of 234 million, a 3.00% monthly increase and a 32.98% annual increase, with the financial technology and communication and distribution businesses growing by 37.35% and 19.09% respectively. The cumulative consolidated revenue for the first five months of this year amounts to 1.161 billion, marking a 31.64% year-on-year increase.
Source: YAHOO
Reported 7 months ago
The Chairman of Regent Hotels International, Pan Silang, urged the government on June 13, 2024, to open cross-strait business tourism to boost economic development. He suggested that by opening up business tourism and allowing foreign workers in the service industry, not only would the tourism industry be stimulated, but it would also promote Taiwan's economic growth. Pan noted the importance of these policies in light of a labor shortage issue and highlighted the success of Japan's post-pandemic recovery through similar measures. Proposing a more nuanced approach to foreign worker policies, Pan believes that by attracting foreign workers, Taiwan can address the shortage of frontline workers and offer opportunities for local employees to advance into management roles, ultimately benefiting the country's youth and economy.
Source: YAHOO
Reported 7 months ago
According to IDC's latest report on the global smartphone supply chain, the smartphone manufacturing scale in Q1 of 2024 showed a seasonally reduced situation due to weak downstream market demand and rising prices of key components. IDC predicts that component price hikes will not ease until Q3, leading to a relatively sluggish growth trend in the global smartphone industry in Q2. Despite a 8.6% decline compared to Q4 of 2023, the industry saw a 10% growth from the same period last year. The report suggests that as market demand remains weak, smartphone brands are cutting component orders to combat further price increases, with most component price hikes expected to stabilize in Q3. While the global 5G smartphone shipment share may exceed original expectations in 2024, IDC anticipates a slight drop in outsourced design and production.
Source: YAHOO
Reported 7 months ago
The server market continues to be the shining star in the Taiwan stock market, with Accton (5274) recently receiving multiple target price upgrades from foreign investors, surpassing NT$4,000 per share. As the server market heats up, Gigamedia (2368) is also benefitting from upgrades in server transmission speed, PCB materials, and layer numbers, attracting attention from both local and foreign research institutions. Accton closed at NT$4,675 on June 13, the only stock price exceeding NT$4,000. Analysts predict the server market size to increase from US$97.2 billion in 2020 to US$178.2 billion in 2025, with AI servers projected to represent half of the market by 2026 or 2027.
Source: YAHOO
Reported 7 months ago
Raymond Tan, Director of Investment in UBS Wealth Management, stated on June 13, 2024 that with the recovery of the Eurozone economy and the Fed beginning to cut rates, the Euro is expected to rise to 1.09 by the end of the year, and it's possible that the US Dollar might peak and fall in the third quarter. Factors like the possibility of Fed cutting rates later this year, the relatively high valuation of the US Dollar, and the improvement in the European economic outlook are expected to contribute to this expected trend.
Source: YAHOO