Reported about 1 year ago
During the shareholders' meeting on June 18, 2024, Far Eastern Department Stores Chairman Hsu Hsu-tung expressed great confidence in the retail industry, mentioning the company's plans for expansion through opening new stores. Hsu emphasized the importance of physical retail experiences, stating that despite the growth of online shopping, the presence of physical stores is still crucial for fashion retail. Far Eastern Department Stores aims to continue expanding, enhancing customer experiences, digital transformation, innovation in management, developing online shopping, and sustainable operations to establish an international retail group. The company is also exploring the use of AI to address the challenges in the labor shortage within the industry.
Source: YAHOO
Reported about 1 year ago
The overall scale of Taiwan's ETF market has increased significantly by NT$821.6 billion to NT$2.22 trillion this year, with 41 Taiwan ETFs closing at new highs for the year on June 18. Among them, 15 original Taiwan ETFs, such as Cathay High Dividend 30, Nomura Taiwan New Technology 50, and Fubon Taiwan 50, not only saw an increase in size but also outperformed the market with a return on investment exceeding 26.9%. These triple crown ETFs, as reported by CMoney, also include Fubon Technology, Yuanta Electronics, and more, offering returns ranging from 45.7% to 29.1%. Investors are advised to consider investing in semiconductor industry ETFs or high dividend ETFs to capitalize on current market conditions. The future outlook for Taiwan's stock market appears positive, with the potential for increased valuation and price uptrends.
Source: YAHOO
Reported about 1 year ago
On June 18, 2024, U.S. Bank Securities raised the target price and profit forecast for two major airline giants, EVA Air (2618) and China Airlines (2610), attributing to their dual benefits. EVA Air received a buy rating with the target price raised from 30 yuan to 43 yuan, considered the most attractive stock. With strong foreign firepower, foreign investors net bought 77,900 shares of EVA Air and 36,200 shares of China Airlines on the 18th. This marks the first investment report on the airline giants by U.S. Bank Securities in two years. They believe the new cycle of air cargo transport and sustained high airfare prices for passenger transport will bring high profits to EVA Air. U.S. Bank Securities stated that the share price of EVA Air is less than 3 times the EV/EBITDAR, approximately at 2.2 times, making it one of the lowest-valued international airlines. Additionally, EVA Air announced an increase in flights on the Taoyuan-Seoul route to cater to the upcoming summer peak season, proving to be an attractive investment.
Source: YAHOO
Reported about 1 year ago
On June 18, 2024, the Taiwan stock market hit a historic high with the Taiex futures rising 309 points to close at 22,786 points, and the futures-to-spot price difference at 28.57 points. Major tech company, TSMC (2330), led the surge with the weighted index closing at 22,757 points. Foreign short positions in Taiex futures decreased by 254 contracts to 12,938 contracts, contributing to a more neutral overall options market sentiment. The market continues to show a strong preference for risk as tech sector performs well.
Source: YAHOO
Reported about 1 year ago
According to Sun Binxun's report from Taipei on June 18, 2024, at 4:10 PM, the first-quarter financial reports of US REITs mostly meet or exceed expectations, with the overall US REITs market estimated to have revised profit growth to 3.2% in 2024. Despite uncertainty over the timing of the Fed rate cuts, the US economy is doing well, and various types of REITs are expected to benefit in the second half of the year. With a discount rate of about 7% and a P/E ratio of approximately 16.6 times, some analysts see great investment value in REITs. Investors are particularly optimistic about US residential, data centers, and Japanese hotels, as well as the increasing use of AI in data centers driving demand, record high leasing in the first quarter, and strong performance in the AI server market. European and Canadian rate cuts signal the beginning of a global easing cycle, but questions remain about the new normal for interest rates as the path to a post-pandemic recovery becomes clearer but still unpredictable. While global economic growth, inflation, and interest rates are gradually returning to normal, the extent of this recovery remains to be seen.
Source: YAHOO
Reported about 1 year ago
On June 18, 2024, Li Yunheng, Deputy Secretary-General of the Taiwan Virtual Asset Anti-Money Laundering Association, pointed out that while Hong Kong has been actively developing its virtual asset industry in recent years, with initiatives like becoming the first in Asia to allow the listing of Bitcoin and Ethereum spot ETFs, stringent application conditions and operational restrictions may have led to several entities, including OKX, withdrawing their license applications. The article emphasizes the need for regulatory frameworks to balance consumer protection, compliance, and industry growth to create a more sustainable market.
Source: YAHOO
Reported about 1 year ago
Jiannan University recently held the 2024 'Jiaren Summit‧Radiant Pharmaceutical Vision' graduation ceremony, where approximately 2,800 undergraduate and graduate students completed their studies and embarked on a new journey in life. In addition to the ceremony, the university also awarded the 112th Outstanding Alumni Award. Principal Qian Jiming urged all graduates to maintain a spirit of 'lifelong learning,' emphasizing that graduation is not the end of learning but the beginning of a lifelong learning journey. The ceremony featured a special graduation song created by students, reflecting their experiences and hopes for the future. This call for continuous learning was exemplified by the success of Daida CEO Huang Renxun, who emphasized the importance of continuous learning and technological innovation. Principal Qian encouraged graduates to embrace this spirit as they face future challenges and strive for success.
Source: YAHOO
Reported about 1 year ago
Tongtai (4526) is not only a manufacturer of machine tools but also engages in the processing industry of semiconductor equipment components and semiconductor process consumables through PCB drilling machines. It is estimated to make a significant contribution to revenue from the second half of this year to the first half of next year, attracting foreign investments for three consecutive days, with a net purchase of 566 shares on the 18th and a surge in trading volume. With the stock hitting the limit up just before the closing bell, closing at a new high of 25.9 yuan. With an order backlog of 3 billion yuan and visibility until the end of the third quarter, combined revenue for the first five months of the year was 2.287 billion yuan, down 22.15% year-on-year.
Source: YAHOO
Reported about 1 year ago
Chengtai Group's Chairman, Yang Dehua, reveals ambitious plans for a billion-dollar merger focusing on grinding machine factories, while also initiating a second-generation succession plan within the company. With a solid financial position and orders in hand, the group is confident in its growth strategy and aims to become a top global player in the machine tool industry.
Source: YAHOO
Reported about 1 year ago
Medlink Corporation (6637), guided by Fubon Securities, was listed on the OTC exchange on June 18 with an offering price of NT$66 per share. Specializing in leasing and distributing medical imaging equipment, Medlink has over 30 years of market experience, providing comprehensive services from planning to operation for medical institutions and establishing a good reputation. With a focus on preventive medicine, they have innovated in various healthcare services, aiming to enhance public health awareness. Fubon Securities recognized Medlink's continuous efforts in the medical imaging field and praised their commitment to quality healthcare equipment and services, contributing to the health industry chain and public well-being. Medlink's chairman expressed dedication to global partnerships and service growth, anticipating a positive financial performance. The listing is a significant milestone for Medlink, aligning with their commitment to creating value for employees, customers, investors, and society. With a first-quarter revenue of NT$171 million, a growth rate of 29.58%, and a promising net profit per share of NT$2.1, Medlink is poised for further growth, benefiting from the increasing demand for healthcare and preventive medicine in an aging society.
Source: YAHOO
Reported about 1 year ago
On June 18, 2024, the Legislative Yuan passed the regenerative medicine dual law, coupled with the hot topic of contact lenses, leading to foreign investments heavily supporting Synoland and Jasco on the 18th. Synoland stock rose by 5.03% to NT$96.1 with foreign investors buying 365 shares; and Jasco rose by 3.47% to NT$491.5 with foreign investors buying 120 shares due to the upcoming peak season for contact lens shipments in the second half of the year. Synoland has recently garnered market favor with various developments and initiatives including becoming a key player in the regenerative medicine field and planning to list its subsidiary, Synoland Cell Intelligence Medicine, on the emerging stock market by 2025.
Source: YAHOO
Reported about 1 year ago
In light of the global fuel cost increase due to the recent Russia-Ukraine conflict, countries are facing energy shortages, emphasizing the importance of energy conservation. As summer approaches with high temperatures and electricity consumption, upgrading to thermal insulation exterior paint like Dulux from AkzoNobel can not only beautify buildings but also effectively reduce indoor temperatures, decrease air conditioning electricity usage, and provide a comfortable and cool summer. This sustainable option aligns with the trend of green energy transformation, offering effective energy-saving solutions for residential and commercial buildings.
Source: YAHOO
Reported about 1 year ago
As of June 18, 2024, at 4:10 pm in Taipei, Yu Jing Guang's Chairman, Chen Tianqing (pictured right), stated that new product shipments have started. The third quarter is the traditional peak season, with performance expected to be similar to the same period last year, marking the operational peak for the year. The company aims for higher orders and revenue and profit improvement compared to last year, with expectations for VR product revenue to reach 20%-30% this year as global sales expand. Investments in capital expenditure are projected to be around 21.5 billion yuan, with a focus on increasing efficiency and yield to boost production capacity in the second half of the year.
Source: YAHOO
Reported about 1 year ago
The Financial Supervisory Commission will open up active ETFs in 2024, with strong interest shown by various fund companies. It is expected that active ETFs will adopt a 'full transparency' approach, revealing their holdings daily, similar to existing active funds but with the added feature of being publicly traded and not through banks for subscriptions and redemptions. This move is predicted to attract more investors and inject new vitality into the market, especially in the booming Taiwanese tech sector. Both domestic and foreign investors are keen on issuing active ETFs, highlighting the advantages of potentially lower fees and enhanced transparency in holdings and operations for better insights into asset management companies' performance and investment strategies.
Source: YAHOO
Reported about 1 year ago
According to the Investment Trust and Consulting Association, the size of Taiwan stock funds has reached 527.7 billion yuan, surpassing the pre-financial crisis peak and hitting a historical high. The fund managers are optimistic about the future performance of Taiwan stocks due to positive economic developments in the U.S., growth in the semiconductor sector, and improvement in AI supply chains. They recommend investing in Taiwan stock high-yield small and medium-sized ETFs for potential gains.
Source: YAHOO
Reported about 1 year ago
The 2024 IMD World Competitiveness Yearbook, just released on June 18, 2024, shows Taiwan dropping in three out of four indicators, especially in 'economic performance,' falling to 26th place, a significant drop of 20 spots in three years. The National Development Council (NDC) attributes this decline to the global high inflation and high interest rate environment in 2023 leading to weak end demand, continuous inventory adjustments in the domestic manufacturing sector affecting exports, and a conservative investment momentum by companies. NDC emphasizes efforts to develop the semiconductor, AI, and other industries, strengthen talent development, attract international talent, promote innovation and entrepreneurship to consolidate Taiwan's advantageous position in global competition.
Source: YAHOO
Reported about 1 year ago
GameStop在17日召開股東會，高層對股東提問未給予實質回應而匆促結束，引發投資人質疑公司前景，導致股價急跌。執行長科恩只簡短表示公司改善獲利及資產負債表，暗示將進一步關閉門市。股東會後股價一度跌17％，收盤仍下跌12％，隔日續跌1％。結束只有30分鐘的股東會令股東不滿，公司前景不明朗。
Source: YAHOO
Reported about 1 year ago
Hewlett Packard Enterprise (HPE) 和 Nvidia (NVDA) 正在合作推出一系列产品，整合它们的技术，帮助客户构建和扩展自己的 AI 产品。这一合作旨在为企业提供集成的 AI 硬件和软件工具，客户可以向 HPE 和 Nvidia 寻求软件、硬件、服务来创建公司内部私有的 AI 系统。专家讨论了此合作对 NVIDIA 存在积极意义，可能有助于更多进入企业领域。
Source: YAHOO
Reported about 1 year ago
The Owner-Operator Independent Drivers Association (OOIDA) has filed a lawsuit against the Biden administration's new zero-emissions heavy-duty vehicle standards, contending that the regulations are too costly for small-business truck owners and could lead to their businesses closing down. OOIDA, along with other organizations, has petitioned the U.S. Court of Appeals to challenge the Environmental Protection Agency's rule, which aims to enforce zero-emission requirements on a range of truck sizes by 2032. Critics argue that the rule is burdensome financially and operationally, potentially harming America's supply chain and increasing costs for consumers.
Source: YAHOO
Reported about 1 year ago
The US Federal Trade Commission has referred a complaint against ByteDance Inc.’s TikTok to the Justice Department, potentially leading to a government probe into the social media company’s handling of user data. The FTC found reason to believe that TikTok may be violating federal laws protecting children online and may be using unfair business practices. TikTok responded, stating they have been cooperating with the FTC for over a year and are committed to protecting children's privacy, while also facing scrutiny over its ties to the Chinese government and a past settlement with FTC over children's privacy violations.
Source: YAHOO
Reported about 1 year ago
Howie Mandel discovered his wife Terry in a pool of blood after she had a 'tipsy' fall in Vegas, where he could see her skull. The 'America’s Got Talent' judge expressed his shock at the sight of the alarming scene.
Source: YAHOO
Reported about 1 year ago
Ashanti shared details about how Nelly proposed to her in an intimate moment at their home, where they are now also expecting their first child together. The singer revealed her excitement and surprise at the proposal and hinted at a future wedding with a combination of fashion, glam, and Caribbean vibes, featuring a beach, ocean, sunshine, and palm trees, although the exact date remains a secret.
Source: YAHOO
Reported about 1 year ago
Source: INVESTORS
Reported about 1 year ago
Shares of Super Micro Computer (SMCI) are increasing as the company announces the addition of three new manufacturing facilities globally and in Silicon Valley to support the rising demand for artificial intelligence and enterprise rack scale Liquid Cool solutions, reflecting the growth of AI needs in Big Tech. Market analysts remain bullish on SMCI due to its competitive position in the expanding AI server market, which has led to a 225% stock increase this year.
Source: YAHOO
Reported about 1 year ago
Consumer Reports collected survey data on over 400,000 kitchen and laundry appliances purchased new between 2013 and 2023 to determine the least reliable appliance brands. Asko, Jenn-Air, Electrolux, Dacor, and Viking were identified as the least reliable based on the survey data, with various products from these brands receiving below-average reliability scores. These findings highlight the importance of avoiding unreliable appliance brands to make a worthwhile investment.
Source: YAHOO