Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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
Reported about 1 year ago
Atlantic Beverages (1213), the food factory producing 'Apple Soda' led by Chairwoman Su Yun-le, adjourned its annual shareholders' meeting for director election on June 14th due to a low attendance rate of 0.49%. The company plans to convene the meeting at a later date. Su mentioned a full resumption of production lines since June, actively stocking products through various channels, with no plans for delisting and past salary disputes resolved. However, the company's financial reports have faced audit concerns, and even the annual shareholders' meeting was adjourned due to low attendance. In the first quarter of this year, Atlantic Beverages reported a consolidated revenue of 33.48 million, with a net loss of 24.547 million and an operational weakness. Additionally, there are reports on solar and offshore wind energy delays and challenges ahead for the global economy.
Source: YAHOO
Reported about 1 year ago
Written by Xu Junyang on June 14, 2024, at 4:10 PM. Artist Chen Yuting returned to Taiwan in May this year and was invited to participate in the '2024 Taipei New Art Expo,' showcasing representative works that reflect her unique personal style. Chen Yuting's artistic language and unique charm illuminated the art extravaganza of the Taipei New Art Expo, where she freely expressed creativity on canvas with elements of experimentation, interweaving the charm of Eastern ink painting and contemporary art. Unfettered by conventions, Chen Yuting's natural and unrestrained painting style outside of the realms of meticulous brushwork and hyperrealism, embodies an endless source of inspiration in her creative concepts.
Source: YAHOO
Reported about 1 year ago
After 20 years of development, Taoyuan's art and culture district has become one of the premier areas in Taoyuan. With limited new construction due to surrounding land being mostly developed, the upcoming opening of the Green Line MRT and the addition of the Jing Station Department Store, combined with Taoyuan being a 'price dip area' compared to Taipei and New Taipei City, continue to attract local and first-time homebuyers from the northern regions. The area's high population density and convenient transportation, along with reasonable property prices, contribute to quick turnovers and stable prices. Prospective buyers are mainly interested in 10- to 20-year-old elevator buildings with two or three bedrooms, ranging from around 10 to 18 million NTD, making the art and culture district an increasingly popular choice for those looking to establish roots outside of Taipei City.
Source: YAHOO
Reported about 1 year ago
The People's Bank of China revealed its latest financial data on June 14, reporting a total of RMB 11.14 trillion in new loans for the first five months of the year, with RMB 948.8 billion added in May, representing a 30% increase from April but falling short of market expectations. Analysts indicated that amidst the context of local government debt and risk handling in small financial institutions, the May loan additions were not considered low. By the end of May, the broad money supply (M2) grew by 7%, marking a slight decrease from April, while M1 contracted by 4.2% year-on-year, expanding from April's 1.4% decline. Overall, China's social financing scale reached RMB 391.93 trillion by the end of May, growing by 8.4% annually, with an increase of RMB 2.06 trillion in May alone. Experts noted that the growth rate of social financing in May remained significantly higher than nominal economic growth, showing stable financial support to the real economy.
Source: YAHOO
Reported about 1 year ago
Benefiting from positive outlook on Apple's AI strategy, leading to increased sales and service growth, Apple's stock price has surged for three consecutive days, resulting in a 3-day increase of 11% and adding $323.9 billion to its market value. With a closing market value surpassing Microsoft, Apple reclaimed the top spot in global market capitalization since January, overtaking both Microsoft and NVIDIA. Despite this, Apple's stock has risen by 11% this year, lower than the Nasdaq 100 index's 16% increase, while competitors like Microsoft, Amazon, Alphabet, and Meta have outperformed in the AI sector. Apple's collaboration with OpenAI to introduce ChatGPT to Siri at WWDC marks a significant step in its entry into the generative AI field, with analysts optimistic that Apple's AI strategy will drive iPhone sales and service growth in the coming years.
Source: YAHOO
Reported about 1 year ago
According to IDC, the global research team for professional contract manufacturing and display industry analysis, the shipments of TV panels and monitor panels in the first and second half of the year are slightly imbalanced due to brand factories pulling in shipments earlier than usual, with an estimated 51:49 ratio of shipments for the first and second half of the year. The latest report shows a decline in the monthly shipment volumes for various large-size panels in April 2024, attributing it to the spiraling increase in panel prices since February, prompting downstream panel procurement customers to adopt a 'Pull-in Strategy.' This resulted in a surge of demand in the first half of the year, leading to the highest average utilization rate for large panels in the second quarter seen in the last nine quarters. As procurement concerns about rising prices prompted early demand in the second quarter, it is predicted that the third quarter will see a slight adjustment in utilization rates to maintain panel prices and achieve profitable goals for 2024. Expectations point to a slight growth in shipments of various large panels this year, with panel manufacturers strictly controlling production pace to stabilize prices for applications in the third quarter.
Source: YAHOO
Reported about 1 year ago
The 'Rock Carnival at Lihpao Circuit' will be held at Lihpao International Circuit from August 10th to 11th, featuring Taiwan's only racetrack-themed music event. Early bird tickets are available for purchase since June 14th, offering fans the chance to experience a new large-scale music event in Taichung combining music and racing. The lineup includes popular bands like Fire EX and various rock and pop groups, with performances on dual stages over two days. Tickets start from 999 NTD for a single day and 1,399 NTD for both days, with accommodation packages also offered for a convenient and enjoyable experience.
Source: YAHOO
Reported about 1 year ago
During the shareholders' meetings of Taishin Financial Holding and Shin Kong Financial Holding on June 14, 2024, there were discussions regarding former Shin Kong Financial Holding Chairman Wu Dongjin's search by the authorities. Taishin Financial Holding Chairman Wu Dongliang expressed regret for the situation but refrained from commenting, highlighting that he would provide care and necessary support as a family member. Meanwhile, current Shin Kong Financial Holding Chairman Chen Huaizhou apologized to shareholders for the stock price remaining below 10 yuan and reported the company's significant progress in terms of profits and share price over the past year.
Source: YAHOO
Reported about 1 year ago
The EU announced a temporary anti-subsidy tariff of up to 38.1% on Chinese electric cars, with Fitch Ratings warning that this could increase competition in the Chinese auto market. Most car manufacturers are promoting pure electric cars to consumers rather than hybrid vehicles, posing challenges for fossil fuel-based car companies. Fitch predicts a risk of market share loss for Chinese and overseas auto manufacturers of internal combustion engine vehicles, and expects Chinese electric car makers to diversify production and invest in alternative markets to adapt to higher global tariffs. By raising tariffs, the EU may inadvertently test Chinese brands' ability to navigate trade barriers, with BYD's major export markets being Brazil, Thailand, Israel, Australia, and Malaysia. Recent data from the China Association of Automobile Manufacturers shows a slight increase in May's production and sales of both traditional and new energy vehicles, with the latter achieving a market share of 39.5%.
Source: YAHOO
Reported about 1 year ago
The fourth Nantou Chocolate Coffee Festival theme, '投號玩咖LET’S PLAY,' opened grandly at the Fuxing Hot Spring Resort in Puli, Nantou, led by Deputy County Magistrate Wang Rui-de. The event features a 9-day carnival spanning the Dragon Boat Festival weekend until June 16th, showcasing over 120 locally certified coffee and award-winning chocolates alongside local delicacies. Activities include coffee roasting, performances by notable artists, free coffee brewing, chocolate-making workshops, and more. For details and registration, visit the event's official website.
Source: YAHOO
Reported about 1 year ago
Due to better-than-expected inventory digestion, Yageo's performance in the first two months of the second quarter is ahead, leading analysts to expect that the company's operating outlook for the season may be revised upwards to a high single-digit percentage increase, aiming to earn over 11 yuan for four consecutive quarters. The company will go ex-dividend on the 27th, with an estimated total dividend amount of up to 8.385 billion NTD, and the stock price is expected to approach the 700 NTD mark before the ex-dividend date, reaching a new high since the COVID-19 pandemic. Yageo's revenue in May reached a historical record of 10.716 billion NTD, signaling a potential peak season in the industry this year.
Source: YAHOO
Reported about 1 year ago
At the annual general meeting on June 14, 2024, the Taiwan Stock Exchange approved a dividend of 4.6 NTD per share, including 3.1 NTD in cash dividend and 1.5 NTD in stock dividend, marking the third highest in history. The chairman emphasized the continued effort to strengthen the market value of Taiwan stocks, with the market reaching a historic high of 71.78 trillion NTD on the same day. Looking ahead, despite global economic challenges, Taiwan stocks have been performing well, reaching milestones in market value and trading volume.
Source: YAHOO
Reported about 1 year ago
On June 14, 2024, at 4:10 pm, Wanfang International Art adheres to the five principles of innovation, collaboration, professionalism, persistence, and passion as the key values for the company's establishment. According to Luo Juren, innovation is the soul with the company continuously exploring the latest technologies and art forms to maintain a leading position in the industry. Collaboration is seen as the company's strength, wherein each member is indispensable to collectively drive the company forward. Professionalism is the cornerstone, striving for excellence in every aspect to ensure high-quality exhibition activities, followed by persistence in never giving up despite challenges, and finally returning to the creative drive, as passion fuels every creation. Luo Juren believes that only by truly loving what one does can this passion be conveyed to the audience and eventually allow art to change the world.
Source: YAHOO