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Enhancing Mainland Bond Market International Attractiveness - PBOC: Enrich Dual-rate Derivatives

Reported about 1 year ago

In order to continue promoting high-level openness of the bond market, the People's Bank of China's Financial Market Department stated the need to deepen and expand financial market connectivity, create a more friendly and convenient investment environment for overseas institutions to attract more issuers, investors, especially long-term investors, to participate in the Chinese mainland bond market. The PBOC aims to enrich interest rate and exchange rate derivative products, facilitate offshore investors in allocating RMB assets and conducting liquidity management, and explore mechanisms for using RMB bonds as offshore eligible collateral.

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Shanghai Taiwan Affairs Office Director Zhong Xiaomin Visits Taiwan for Consultation on Twin City Forum, Undertaking Heavy Responsibilities to Bridge Cross-Strait Economies

Reported about 1 year ago

Last August, the twin-city forum between Taipei and Shanghai was held after the pandemic, serving as a significant exchange activity amid the strained cross-strait relations. This year, Shanghai's Taiwan Affairs Office Director Zhong Xiaomin suddenly visited Taiwan to discuss the upcoming forum with Taipei Mayor Jang Wan-an. With tensions in cross-strait relations, Zhong's visit garnered attention as to whether it can maintain interactions and foster warmth between both sides. Zhong, born in 1972, has an engineering bachelor’s degree and a law Ph.D. She has been in various roles in Shanghai and has been actively promoting services for Taiwan compatriots, businessmen, and youths since becoming the Taiwan Affairs Office Director in February 2021. Zhong's visit is considered the highest-level mainland Chinese delegation to Taiwan in over four years, signaling a potential easing of communication levels between both sides under Taiwan President Lai Ching-te's administration.

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Chinese Capital Market Reopens with Three Major Exchanges Resuming IPOs

Reported about 1 year ago

As of June 22, 2024, the three major A-share exchanges in China have lifted the ban on initial public offerings (IPOs) and resumed accepting and reviewing IPO applications from companies. This decision comes after a period of halted IPO applications due to various factors affecting the A-share market, with the Shanghai, Shenzhen, and Beijing exchanges canceling IPO applications to prevent market confidence collapse. However, last week marked a turning point as the Shanghai and Shenzhen exchanges accepted IPO applications for the first time in six months, while the Beijing exchange accepted applications for three companies after three months, signaling the full recovery of China's capital market operations. The companies being considered for IPOs this time are mostly from strategic emerging industries, benefiting from policy support and high technological content, aiming to boost business operations and expand scale.

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ASML CEO Christophe Fouquet Navigating the US-China Semiconductor Battle

Reported about 1 year ago

ASML's new CEO, Christophe Fouquet, is faced with the challenge of maintaining a delicate balance amid the US-China semiconductor battle. ASML, a leading semiconductor equipment manufacturer, is caught in the crossfire due to its vital position in the industry. Despite US restrictions on selling advanced equipment to China, ASML must continue to cater to the Chinese market while navigating political pressures. Fouquet, described as shrewd and politically astute, emphasizes the importance of global tech cooperation and warns of the unintended consequences of tech restrictions.

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Self-traders favor Weighted Stocks and Optimistic about the Market

Reported about 1 year ago

Before the end of the second quarter in 2024, not only investment trusts and groups rush to improve their performance, but self-traders are also adopting a short-term trading strategy to beautify their books. Experts indicate that as this week is the final week of June, the momentum of closing accounts will peak, with top ten stocks favored by self-traders showing interest in index gains, including large-cap stocks like TSMC and Yang Ming. Analyzing the positions bought by self-traders, the top ten net buyers last week were Hon Hai, Evergreen Marine, Evergreen, Yang Ming, UMC, Fubon Financial, Shin Kong Financial, Yuanta Financial, Sing Fu Tai, and TSMC, with purchases ranging from at least 3,000 to as high as 10,000 shares. These self-traders are known for pursuing instant performance and short-term trading, especially approaching the end of the quarter, and with the crossover of closing accounts, they continue to heavily invest in large-cap stocks. Despite a potential short-term correction in the Taiwan stock market, the index still has room for upward movement based on the buying patterns, and all top ten weekly net buyers have seen their stock prices rise.

Source: YAHOO

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HanQuan CEO Yang Yikang started from the grassroots and cultivated a future leader for 14 years

Reported about 1 year ago

After reluctant to succeed, HanQuan's CEO Yang Yikang eventually took over his father's position as he learned and worked his way up from grassroots marketing for 14 years, overseeing the establishment of factories in Laos and Vietnam. Under his leadership, the growth and efficiency strategies he implemented helped HanQuan maintain a high profit margin even amid material inflation. Yang's military experience taught him valuable leadership skills that he brought into his management style, emphasizing teamwork and employee engagement in the competitive connector market.

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Hospitality Industry Grabs Market Share in Scissor Economy

Reported about 1 year ago

Recent observations in June 22, 2024, show that post-pandemic retail sales have increased, prompting major hotel groups like Regent, Eslite, Lihfu, Caesar, Far Eastern Shangri-La, as well as Taipei Grand Hyatt, Miramar, and Tian Cheng hotels, to actively expand into the retail food and souvenir market. By increasing production capacity through in-house and outsourced OEM methods, developing frozen and ambient temperature products, and focusing on both festive and daily necessity items, these hotels are tapping into the opportunities of the at-home economy and scissor economy. After breaking sales records in 2023, the entire restaurant industry in Taiwan saw a boost, with many hospitality and chain restaurant groups achieving new highs in revenue. To sustain this growth, businesses aim to diversify revenue streams and create new engines for growth.

Source: YAHOO

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Bill Gates' Investment Portfolio Heavily Weighted in 5 Stocks

Reported about 1 year ago

As of June 22, 2024, Microsoft co-founder Bill Gates is among the top ten richest people globally, with a net worth of $132.6 billion, ranking ninth on the Forbes real-time billionaire list. His foundation, soon to be renamed the Gates Foundation, holds stocks in about 50 companies worth around $45 billion, with 87% of its holdings concentrated in five stocks, including Microsoft, Berkshire Hathaway, Waste Management, Canadian National Railway, and Caterpillar. Microsoft, with 35% of the total investment portfolio, holds about 36.5 million shares valued at $15.47 billion. The foundation's holdings reflect a diverse investment strategy across industries such as technology, finance, waste management, transportation, and heavy machinery.

Source: YAHOO

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Internal Funds Rush to Buy 17 Stocks to Lead the Way

Reported about 1 year ago

Investment experts suggest that monitoring the three main internal fund trends is crucial as international factors are volatile in the short term. With a strong start to the year, the Taiwan stock market enters the final countdown phase of the second quarter, but facing new variables for the second half of the year due to geopolitical issues, U.S. stock options expiration, and tech stock volatility. It is recommended to pay attention to the 17 stocks favored by the three major internal funds, including Yiguang, UMC, Sino-American Silicon, and Etron, as they are not only anticipated to perform well in the first half-year report but also set a positive tone for the second half of the year.

Source: YAHOO

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NVIDIA市值1日大縮水

Reported about 1 year ago

NVIDIA(輝達)在短短一天內,市值蒸發超過2,200億美元,使其退居美國第三大企業。該公司執行長在兩個交易日內持續出售手中輝達股票,市值排名因此下滑。輝達股價近期波動劇烈,導致市值排名變動,顯示該公司在股市中的驚人表現。

Source: YAHOO

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Lion Travel Shows Strong Rebound on Weekly Chart

Reported about 1 year ago

On June 22, 2024, Lion Travel (2731) opened high with increased trading volume and rose by 2.89% before closing at a 1.29% increase with a price of 157.5 yuan, with a trading volume of 2,747 shares, hitting a near one-month high. The weekly increase was 1.29%, reversing the downward trend from the previous two weeks. Currently, the weekly line, 10-day line, and monthly line are all trending upwards, showing both price and volume are on the rise, indicating a strong technical outlook. Lion Travel merged revenue was 21.5 billion yuan last year, a year-on-year increase of 551.83%, with a net profit after tax of 1.392 billion yuan, and an earnings per share (EPS) of 15.21 yuan, all reaching record highs. The shareholders approved a dividend of 8 yuan, the highest amount in history. For more information, visit Commercial Times for details on land identification methods, development timelines, Gold Housing Q4 profits, Maogu's electric vehicle market push, and upcoming product releases next year.

Source: YAHOO

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Yang Cheng Increased Trading Volume, Feng Qing's May Revenue Impressive, Stock Price Resilient

Reported about 1 year ago

On June 22, 2024, at 4:10 pm, Taipei, the Taiwan Stock Market reached a historic high for eight consecutive days, stabilizing above 23,000 points and reaching as high as 23,406 points. Analysts from Hengda Investment Management pointed out the strong bullish trend and advised investors not to set limits, to avoid short-selling risks. Recommended stocks include Elitegroup (3652), Yang Cheng (3498), Feng Qing (2061), Huarong (5328), and Senao (3025). Elitegroup, an automatic data collection product company, secured ODM orders from major US and European manufacturers, showing positive revenue prospects for the next two years. Yang Cheng, an automated equipment supplier, experienced a moderate increase in trading volume. Feng Qing, a wire manufacturer, achieved a 61.36% year-on-year revenue growth in May, with the stock price hitting highs. Huarong, a passive component indicator stock, broke through the monthly and quarterly moving averages, reaching new three-month highs. Senao, a producer of fiber optic network access equipment, saw potential for further growth after a golden cross of the monthly and quarterly moving averages. The Taiwan Stock Market's recent highs were attributed to optimism about potential US interest rate cuts, along with strong performances by the Philadelphia Semiconductor Index, and stocks like Nvidia and TSMC. Investors are advised to focus on groups such as gallium arsenide, solar energy, panel equipment, quartz components, and medical device distribution channels.

Source: YAHOO

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Three Stages of Life: Pay Attention to Long-Term Care Planning

Reported about 1 year ago

Yellow Yu-Ting/Taipei report 51 and older elderly groups are advised to prioritize selecting long-term care insurance with higher lump sum benefits or enhanced dementia protection to enjoy a higher quality of care. Life insurers believe that everyone may need long-term care, and early planning for long-term care protection has become a necessary issue for the public, regardless of age groups. Different age groups should deploy long-term care planning in advance to effectively address future long-term care needs.

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Ranked Best Meryl Streep Movies and Performances Snubbed at the Oscars

Reported about 1 year ago

Variety ranks Meryl Streep's 10 best film performances that were not nominated for an Academy Award, highlighting her impressive career spanning over five decades and numerous accolades, including three Oscars and the most nominations in history. Despite her unparalleled success, Streep has had several acclaimed performances overlooked by the Oscars, such as in films like 'The Prom,' 'Manhattan,' 'Hope Springs,' and 'Death Becomes Her.' With her unmatched talent and diverse roles, Streep continues to be a powerhouse in the film industry, showcasing her brilliance and versatility as an actress.

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Ink Master Star Ryan Hadley Passes Away at 46 After Cancer Battle

Reported about 1 year ago

Ryan Hadley, a contestant on season six of the reality show Ink Master, passed away at the age of 46 after fighting cancer. He left behind a legacy in the tattoo and art world, as well as his loved ones, including his six children. Despite undergoing chemotherapy, his cancer spread, leading to his untimely death surrounded by family and friends. Tributes poured in from fellow tattoo artists, acknowledging his influence and talent. His family is collecting donations to support his children and cover funeral costs.

Source: YAHOO

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Fed's Key Inflation Gauges May Signal Rate Cuts: Eco Week

Reported about 1 year ago

The Federal Reserve's favored inflation measures are expected to show minimal monthly increases, providing a pathway for officials to consider lowering interest rates, possibly starting in September. Economists anticipate no change in the May personal consumption expenditures price index and a modest 0.1% growth in the core measure, reflecting a slowing in inflation data which may lead to rate cuts. The upcoming week also includes data on personal spending, consumer confidence, and housing purchases, along with insights from speeches by central bank officials in Canada and Sweden, amongst other economic reports worldwide.

Source: YAHOO

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How to Watch 'The Bad Orphan' Lifetime Movie Online Without Cable

Reported about 1 year ago

Lifetime is premiering 'The Bad Orphan,' a psychological drama inspired by a true story, about a couple who adopts a troubled 8-year-old orphan with special needs. The movie raises questions about the child's true nature and the family's dynamics. Starring Betsy Brandt, Chloe Coco Chapman, Mark Taylor, and Eve Edwards, it is based on the real-life story of Natalia Grace. Viewers can watch the premiere on Lifetime.com, or stream it on Philo, DirecTV, or Prime Video. Various streaming options are available for those without cable.

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‘The Bikeriders’ Costume Designer Transformed Leather to Create Authentic Biker Looks

Reported about 1 year ago

Erin Benach, the costume designer for 'The Bikeriders', aged and distressed leather jackets to achieve the authentic biker style for the Midwestern biker club in the 1960s inspired by Danny Lyon’s photo book. Benach had to carefully choose between building and sourcing jackets due to budget constraints, and each jacket was distressed and aged uniquely to fit the character. Tom Hardy, Austin Butler, and Michael Shannon led the cast in their distinct leather-clad biker outfits, each tailored to reflect their characters' personalities and backgrounds.

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Prince Harry & Meghan Markle Struggling with Costs of Montecito Mansion

Reported about 1 year ago

Experts claim that Prince Harry and Meghan Markle are struggling with the costs of maintaining their multi-million dollar Montecito mansion, which includes a large staff, high operating costs, and various expenses such as utilities and maintenance. The couple, who previously lived in a castle, now reside in a luxury home with their children, Prince Archie and Princess Lilibet, but are reportedly working hard to manage the financial demands that come with their new life.

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Justin Timberlake Warned by Cop Before DWI Arrest

Reported about 1 year ago

A recent report reveals that Justin Timberlake's arrest for DWI might have been prevented if he had listened to a police officer's advice to not drive after partying. The officer who later arrested him had cautioned Timberlake twice before the arrest. After being released from police custody without bail, Timberlake is scheduled to appear in court in July. The 23-year-old officer, Michael Arkinson, initially warned Timberlake not to continue driving, but the singer ignored the advice, leading to his arrest in Sag Harbor.

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Eric Roberts與Eliza Roberts是誰?關於Eliza Roberts的一切

Reported about 1 year ago

艾瑞克·羅伯茨的妻子Eliza Roberts是一位女演員、演員經紀人和他的經紀人。艾瑞克和Eliza羅伯茨結婚已經三十多年。這對夫婦最初在從紐約飛往洛杉磯的飛機上相遇,但因為當時艾瑞克的關係而始終保持朋友關係。他們於1992年結婚,並始終如一。Eliza出生在娛樂界,她的父親是編劇,母親曾贏得多座艾美獎。Eliza與Eric在飛機上相遇後開始約會,並結婚後一直共同參與各種電影作品。Eliza有來自前一段婚姻的兩個孩子,並和繼女Emma的關係很好。

Source: YAHOO

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Recent Photo of Li Xiaolu Reveals Good Condition with No Wrinkles on Face and No Excess Fat on Body

Reported about 1 year ago

Entertainment News - Li Xiaolu's recent photo shows her in good condition, with no wrinkles on her face and no excess fat on her body, as of June 22, 2024, 2:59 PM.

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Andy Lau Ends Brotherly Relationship After Revealing Gambling Debt Scandal

Reported about 1 year ago

On June 22, 2024, it was reported that Andy Lau's brother was exposed to have a gambling addiction and massive debts. The Cantopop legend intervened to repay the debts, leading to the estrangement of their brotherly relationship.

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Golden Tortoise Changes Hairstyle for the First Time, Netizens Can Hardly Recognize

Reported about 1 year ago

On June 22, 2024, in the entertainment news, Golden Tortoise changed his hairstyle for the first time, and netizens could hardly recognize him.

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Actor Lee Jong Ki's Fiancee Jailed; Lee Jong Ki Promises to Marry Her Amid Tears

Reported about 1 year ago

Entertainment news on June 22, 2024, at 2:59 PM reveals that Lee Jong Ki's fiancee has been sentenced to jail, leading Lee Jong Ki to tearfully promise to marry her.

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