Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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
Reported about 1 year ago
At 4:10 PM on June 13, 2024, Chinese MG officially released its first electric car, the MG4, priced at less than one million NT dollars, becoming the cheapest electric car in the domestic market. The general manager of Chinese Automaker, Chen Zhaowen, stated that the pricing almost didn't make a profit but helped secure market share, anticipating long-term growth with the expanding economy. With MG's introduction, Chinese car sales rapidly increased last year, with new MG car sales exceeding 13,000 vehicles, driving overall sales to 51,300 vehicles with an 18% annual increase.
Source: YAHOO
Reported about 1 year ago
Wistron's (4938) revenue share from automotive and server products has shown better-than-expected growth, leading to a continuous increase in market share. Juyong (2476) has started mass production at the H2 factory in Guanyin, featuring a precision manufacturing process and an integrated electroplating line. Wistron ventured into AI server contract manufacturing in 2024 and collaborated with ASRock to launch server products. Additionally, Wistron partnered with NVIDIA to develop the flagship enterprise AI server GB200 NVL72, solidifying their position as global partners in cutting-edge AI technologies.
Source: YAHOO
Reported about 1 year ago
Leading semiconductor manufacturer TSMC has received an upgrade, leading to a positive outlook for mature process indicator stocks. Morgan Stanley Securities raised their ratings on mainland China's Huahong Semiconductor due to full production capacity and anticipated price increases of 10% in the second half of the year. This has eased pricing pressure on Taiwanese mature process wafer foundries, prompting upgrades for World and Powerchip Technology. The positive ratings from Morgan Stanley Securities prompted international capital moves, with foreign investors buying over 6,325 shares of World and 23,000 shares of Powerchip, signaling an end to nine days of consecutive selling. The improved production capacity utilization is expected to boost profitability and limit downside risks for the mentioned companies.
Source: YAHOO
Reported about 1 year ago
The chemical industry chain has rebounded from a slump in 2023, showing strong performance in May with double-digit revenue growth in the rubber sector, driven by factors such as the continuous strong demand for electric car tires and the recovery of Southeast Asian glove demand. The outlook for the second half of the year is expected to be even more robust. Leading companies like Nan Kang Tire (2101), Taiwan Rubber (2103), and International CBM (2104) have all reported significant revenue increases in May, indicating a positive trend for the industry. The article also highlights the positive prospects for latex gloves and rubber supply in Southeast Asia for the remainder of 2024.
Source: YAHOO