Reported about 1 year ago
At ASUS's shareholders' meeting on June 13th, Chairman Shih Jong-tang stated that AI is a rare opportunity for the computer industry and ASUS must seize it to transform into a comprehensive enterprise. Despite being considered a latecomer, ASUS is now accelerating to catch up with the AI trend, surpassing expectations in speed and progress, aiming to achieve goals multiple times over. With a strong focus on AI servers and recent collaborations, ASUS's server business is booming, with a significant portion of revenue coming from AI servers leading to a promising growth outlook for the company.
Source: YAHOO
Reported about 1 year ago
Following recent strong earthquakes, the number of residential earthquake insurance policies has surged, reaching a rate of 38.55% by the end of May, a 0.54% increase from March. The increase of about 50,000 policies in the past two months is primarily attributed to the effects of the 0403 earthquake. Most of the policy increases are concentrated in metropolitan areas such as New Taipei City, Taoyuan, Hsinchu, Taichung, Taipei, and Kaohsiung. The total number of policies in these six cities reached approximately 2.7271 million by the end of May, with rates exceeding 41.9% in five of the cities.
Source: YAHOO
Reported about 1 year ago
The Federal Reserve (Fed) maintained interest rates as expected on June 13, with forecasts indicating a higher probability of a 1-point cut or no cut this year. This stance has led to a positive view on risky assets, especially optimistic forecasts for US stocks, the Nikkei, and tech stocks. Factors such as progress in summer inflation and potential weakening of the job market could increase the likelihood of a rate cut this year. Despite short-term market volatility due to inflation stickiness, positive views on risky assets are maintained, with recommendations to overweight stock investments, particularly in Japanese stocks and tech stocks for the long term. While other regions have begun cutting rates, the atypical start of the easing cycle is attributed to strong US employment data and inflation levels above target, leading the Fed to refrain from substantial and rapid rate cuts. Overweight positions on US and Japanese stocks are temporarily recommended, with a focus on key policies such as trade, immigration, and energy post the US presidential election, foreseeing potential inflation upticks regardless of the elected president. Positive outlook on Japanese stocks is due to mild inflation, robust profit growth, favorable shareholder reforms, and the gradual normalization of monetary policies by the Bank of Japan. While global funds have flowed into bond funds for 24 consecutive weeks in anticipation of a Fed rate cut, the reality is lower returns or even minor losses, prompting the importance of defensive and yield-boosting bond investments before the official rate cut. Bond market volatility in the first half of the year stemmed from over-optimistic rate cut expectations, with market sentiment now looking towards reduced future volatility risks post the European Central Bank (ECB) rate cut in June and expectations of a parallel move by the Fed. Geopolitical uncertainties, the US presidential election, and rate cut ambiguities may heighten market volatility in the latter half of the year, suggesting a focus on investing in high-quality equities paired with investment-grade bonds to mitigate downside risks, presenting an optimal investment strategy.
Source: YAHOO
Reported about 1 year ago
Taiwan Fertilizer Corporation (Taiwan Fertilizer) recently signed a memorandum of cooperation with Copenhagen Infrastructure Partners (CIP) from Denmark to advance clean energy initiatives, specifically in the development of ammonia energy. With Taiwan Fertilizer's expertise in ammonia supply and commitment to President Tsai Ing-wen's energy transition policy, the collaboration aims to promote clean energy projects, establish a global ammonia supply chain platform, expand semiconductor materials, and transition to eco-friendly fertilizers. This strategic partnership with CIP focuses on constructing clean energy projects such as local production, import, storage, transportation, and applications of low-carbon ammonia, promoting progress towards becoming a key supplier of clean energy. CIP, known for its diverse Power to X projects, is excited to work with Taiwan Fertilizer in achieving Taiwan's net zero emissions goal for 2050 by combining CIP's hydrogen energy project experience with Taiwan Fertilizer's leading ammonia supply chain capabilities.
Source: YAHOO
Reported about 1 year ago
The Pritzker Prize, known as the Nobel Prize of architecture, is the highest honor in the architectural world. Cities with Pritzker Prize-winning buildings not only represent international prestige but also reflect exceptional cultural appreciation. Taipei's Xinyi District, a landmark in Taiwan's development history, houses three Pritzker Prize-winning works within 153 hectares, including the '55TIMELESS' residential building by Richard Meier. Meier's last high-rise residential work before retirement in 2021, '55TIMELESS' embodies his belief in white and modernist principles, demanding precision and engineering excellence. As one of the rare private residence designs by Pritzker laureates, '55TIMELESS' in Xinyi District stands out as a classic masterpiece attracting high demand and becoming a favorite among young affluent generations.
Source: YAHOO
Reported about 1 year ago
Chairman Chen Pi-yue of Kun Yue Development revealed that the property market is returning to rigid demand, and Kun Yue will continue to focus on the Greater Taichung and Changhua areas. Chen mentioned that the company is entering a peak delivery period, expecting the next five years to be a 'harvest growth period' with increasing revenue and profits annually. Kun Yue achieved record-breaking revenue and profits last year, and is set to surpass those figures this year and in 2025 with the completion of various projects. The company plans to launch new developments in different areas, aiming to respond flexibly to the current business environment challenges.
Source: YAHOO
Reported about 1 year ago
The Financial Supervisory Commission (FSC) strengthens 'fair treatment of customers'. The Life Insurance Association announces three measures to protect vulnerable financial consumers by actively incorporating financial technology, communicating with disabled groups, and focusing on the insurance rights of young people. These efforts aim to fulfill the corporate social responsibility of the life insurance industry while improving services and accessibility for all groups in need.
Source: YAHOO
Reported about 1 year ago
The Taiwan Futures Exchange will hold a shareholders' meeting on the 24th for the election of directors and supervisors. Among the new candidates is former Vice Chairman of the Financial Supervisory Commission and current Chairman of the Securities Depository Clearing Corporation, Zhang Chuanzhang. This move is considered significant in the financial sector following the appointment of new Premier Cho Rong-tae and FSC Chairperson Peng Chung-lung, indicating a potential shift in F4 personnel changes. The remaining candidates for the other 14 positions have yet to be announced, with the focus on academic and industry professionals. Zhang, with academic, administrative, and public bank experience, served as FSC Vice Chairman from 2018 to 2020. It is anticipated that further significant personnel changes may occur once Chairperson Peng is more familiar with the industry's operations and urgent financial issues at hand.
Source: YAHOO
Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 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