Reported over 1 year ago
During the shareholders' meeting held on June 19, 2024, Tai Yow (6274) acknowledged a dividend distribution of approximately 4 NT dollars per share. The meeting elected seven directors, including independent directors, benefiting from increased shipments of high-frequency and high-speed materials like AI servers. Tai Yow's consolidated revenue for the first five months of the year was NT$8.196 billion, a 32.12% year-on-year increase. With the continuous rise in the proportion of high-end materials and a positive outlook for operations, Tai Yow expects increased demand in areas like HPC, advanced switches, cloud data centers, telecommunications core systems, smartphones, and automotive electronic platforms.
Source: YAHOO
Reported over 1 year ago
Despite record highs in the US stock market, investors remain optimistic and continue to favor bullish views on the market. According to the latest monthly survey by Bank of America (BofA) with fund managers, the optimism in investments has reached a nearly three-year high, with cash allocations at a three-year low, indicating that US stocks are expected to benefit the most from the reallocation of funds. The survey also reveals that investors are keen on investing in risky assets such as stocks, with a significant percentage opting for US stocks, including the 'Big Seven' tech stocks like Microsoft and Nvidia. The bullish sentiment is driven by factors such as the AI boom and expectations of interest rate cuts by the Federal Reserve this year. However, some investors are also looking to buy government bonds. The survey, conducted from June 7th to 13th by BofA with 206 fund managers participating, totaling $640 billion in assets under management, shows a high level of optimism among investors, with the 'Bull and Bear Indicator' reaching the highest level since November 2021. While the performance of the US stock market supports this optimism, global investors' risk appetite has not peaked yet, with the indicator only at 6 out of 10. The positive outlook is attributed to an improved global economic outlook, with 73% of respondents expecting the global economy to avoid a recession. However, inflation and geopolitical risks are identified as major concerns among investors, with a focus on further inflation escalation and the upcoming US elections. Most global fund managers are betting on the Federal Reserve cutting interest rates, with expectations of multiple rate cuts in the next 12 months, including a potential cut at the September 18th policy meeting.
Source: YAHOO
Reported over 1 year ago
Richard Tse, Chief Investment Officer of Zhadabank North Asia, mentioned on June 19, 2024, that the markets are at historical highs, with the US stock market hovering, and the Hong Kong market showing a technical bull run, up more than 20% from its low point in January. However, he advises being prepared for rainy days even amidst such good times. Rebalancing investment portfolios and creating an all-weather portfolio across asset classes can help protect wealth from potential volatility and market sell-offs. Various factors like tight monetary policies, geopolitical tensions, and unexpected events contribute to market volatility, and recent events related to geopolitical tensions and concerns about monetary policy tightening have caused market jitters. Gold and energy stocks are suggested as inflation-resistant assets. In times of economic uncertainty, a diversified investment portfolio is crucial for long-term success.
Source: YAHOO
Reported over 1 year ago
The volatile stock and bond markets in the first half of this year have led to recommendations for balanced investments in investment-grade bonds and high-yield bonds for the second half. International funds have been flowing into bond funds, with investment-grade bonds attracting the most. Experts see potential in high-yield bonds due to their yield and price advantages. Despite the possibility of default rates rising, the overall environment is favorable for high-yield bonds, but it's wise to include investment-grade bonds for risk mitigation. The article discusses strategies and opportunities in the corporate bonds market, emphasizing the potential benefits of investments in high-yield bonds.
Source: YAHOO
Reported over 1 year ago
Appx (6531) stock price has been correcting since the beginning of the year, falling from a high of 555 yuan to 330 yuan, but recently entered a horizontal consolidation pattern, showing signs of bottom-building and upward trend. On June 19th, trading volume surged, closing at 382.5 yuan with a volume of 9,684 shares, the highest since early March. Appx's AI department is targeting the vast AI and HPC opportunities, with revenue from IP royalties and wafer sales. With the rapid development of AI, Appx's unique VHM (Very High-bandwidth Memory) technology enhances AI and HPC performance, making it the only choice in the market, striving for customer recognition and rapid application deployment.
Source: YAHOO
Reported over 1 year ago
Yang Jingchun/Taipei reported on June 19, 2024, at 4:10 PM. Huá Nán E Zhǐ Chōng has various innovative functions to assist investors in evaluating risks and achieving profit goals conveniently in the investment market. With the AI trend led by NVIDIA boosting the tech sector and drawing attention to AI-related ETFs, Huá Nán Everbright Securities introduced the 'ETF two-way inquiry' feature in its self-developed Huá Nán E Zhǐ Chōng App, helping investors better understand ETF investment content and make wiser decisions.
Source: YAHOO
Reported over 1 year ago
Taiwan's stock market surged on June 19, 2024, with the main index rising by 452.11 points, a 1.98% increase, reaching a record high. The financial index closely followed, gaining 10 points or 0.5% to close at 2,009.57 points, surpassing the 2,000 mark for the first time in over 34 years and hitting a new high since April 16, 1990. Despite the positive momentum, analysts note that there is still a significant gap compared to the index's record high back in 1990. Financial stocks saw over 1% growth, including various sectors like banking and insurance, signaling a promising outlook, albeit the need for sustained market support for further challenges ahead.
Source: YAHOO
Reported over 1 year ago
As the annual 618 mid-year promotion ended on June 19, 2024, various brands and e-commerce platforms released their latest sales reports. Xiaomi's sales exceeded 263 billion yuan, breaking the brand's record for sales in major promotional events. Despite Xiaomi's impressive performance, mainland China's major platforms experienced a decline in total sales during 618 due to weakened consumer spending. However, notable brands like Apple, Midea, Haier, Xiaomi, Maotai, Wuliangye, Huawei, Gree, Nike, and Genki Forest still dominated the '10 Billion Club.'
Source: YAHOO
Reported over 1 year ago
Recently, the luxury rental prices in the Xitun District of Taichung City have been remarkable, with a 6th floor unit in the 'BauHuei One Garden' in Phase Seven being leased for NT$200,000 per month, setting a new record for luxury rental prices in the city. Due to restrictions on loans for NT$40 million luxury homes in Taichung not being lifted, affluent individuals are opting to 'rent instead of buy,' leading to a surge in rental prices in Phase Seven. The strategic location and high-quality construction of the estate contribute to the continuous rise in rental prices. As of June this year, five rental transactions exceeding NT$100,000 in total price occurred in Xitun District, with the 20,000 square feet unit in BauHuei One Garden commanding NT$200,000 per month, setting a new record for residential rental prices in Taichung.
Source: YAHOO
Reported over 1 year ago
According to TrendForce, while Chinese semiconductor wafer foundries are benefiting from domestic chip substitution and seeing a recovery in capacity utilization, only advanced process plants in Taiwan have the opportunity to raise prices, with mature process plants in Taiwan facing challenges in price rebounding for the rest of the year. Despite positive factors like the mid-year sales season in Mainland China, new smartphone launches in the second half of the year, and end-of-year peak season sales expectations, overall demand recovery is not significant, ASP trends are declining, and the plant competition will intensify with the release of new capacity next year.
Source: YAHOO
Reported over 1 year ago
Taiwan Power Corporation is actively supporting startups by linking 15 startups through the 5G accelerator and investing in multiple startup companies through existing funds. Chairman Guo Shuiyi disclosed that the corporation is focusing on evaluating Taiwan and Southeast Asian startup teams through the China Digital Creative Fund and the Southeast Asia Technology Fund. By leading Taiwanese startups to explore international business opportunities and attracting Southeast Asian startup teams to Taiwan, Taiwan Power Corporation aims to facilitate the growth of startups in various ways, such as providing cloud services, business matchmaking, and financial support.
Source: YAHOO
Reported over 1 year ago
TSMC (2330) surged to a record high of 984 NT dollars on June 19, closing at 981 NT dollars, marking a historical high both intraday and at closing. This spike also led to the Taiwan Top 50 (0050), with a 51.9% holding in TSMC, reaching a new high of 187.95 NT dollars. Foreign institutional investors are optimistic about TSMC reaching a target price of 1,000 to 1,160 NT dollars. It is speculated that TSMC may raise prices for 3nm and 5nm processes, which could boost EPS growth by 3-6% if prices increase by 5-10% in 2025. Overall, TSMC's revenue is expected to increase by 29%, 39%, and 31% from 2024 to 2026. The positive outlook on the tech industry's profitability in the coming years also extends to other sectors like finance.
Source: YAHOO
Reported over 1 year ago
CyberLink Technology Chairman Huang Jau-Mu stated that the second half of this year is expected to see the launch of AI PC-related software products, anticipating a boom in AI PC business opportunities in 2025 and 2026. Having collaborated extensively with major computer brands and chip manufacturers over the past 20 years, CyberLink has achieved 1-2 times performance improvement in software efficiency, positioning them uniquely in the upcoming AI PC wave. The company's 2024 performance is predicted to surpass the previous year, with collaborations with Intel, Qualcomm, and AMD in the pipeline for AI PC software product launches in the latter part of the year.
Source: YAHOO
Reported over 1 year ago
President announced the establishment of the National Climate Change Response Strategy Committee on the one-month anniversary of his inauguration, aiming to meet the 2050 net zero carbon emissions requirement. This new policy will benefit green energy concept stocks such as semiconductor energy, clouded leopard energy, Jiuding Power, Uni-President Group, United Renewable, Century Steel, Anji, Motech, Delta Electronics, Taiwan Cement, and Sunju. Experts predict a focus on green energy, wind energy, and solar energy industries, with the potential to thrive under the upcoming policies.
Source: YAHOO
Reported over 1 year ago
With the recovery of fundamentals and excitement over AI technology themes, the Taiwan stock market has shown a strong bullish trend, with the Taiwan Weighted Index hitting historic highs since April 26. Along with this, market value ETFs in Taiwan have seen a rise, with the Yuanta Taiwan ESG Low Carbon 50 (00923) standing out with a cumulative increase of nearly 11.19% by June 11. Experts attribute the ETF's performance to its focus on technology and Nvidia stock holdings, indicating a preference for ESG and low-carbon investment options. The future outlook remains positive as Taiwan's transition towards a net-zero economy and the global focus on ESG strategies continue to gain momentum.
Source: YAHOO
Reported over 1 year ago
According to the Ministry of Labor's survey and statistics, people in Taiwan are expecting to retire at a later age due to aging population and longer life expectancy, with the retirement age extending from 60 years old a decade ago to 61.3 years old now. To ensure a comfortable retirement, it is crucial for individuals to start preparing by saving for their retirement and establishing a third layer of protection. With the aging population and longer life expectancy, retirement expenses are expected to increase, making it essential for people to have sufficient retirement savings to enjoy their post-retirement life. By taking early steps to save for retirement, individuals can build a solid retirement plan and have a financially secure future.
Source: YAHOO
Reported over 1 year ago
Hylink, a major component manufacturer, plans to expand its operations to Vietnam by investing $27 million (about 870 million New Taiwan dollars) in a new factory in Hai Phong City. The new plant is expected to start production after the third quarter of 2025, with investments to be made in two phases. In response to the demand for diversified production sites from customers, Hylink is establishing its first overseas production base in Vietnam to cater to the 'China+1' or 'Taiwan+1' production strategy. The chairman will also take on the position of general manager, with related personnel changes effective from July 1st.
Source: YAHOO
Reported over 1 year ago
The 'Wangdai Boutique SOGO International Art Exhibition Tour' featuring museum-quality collections opened on June 14, 2024, showcasing new hand-painted artworks and incorporating museum collections. Celebrities known for their glasswork, Zhou Danwei and Tian Weili, were invited this year by Wang Xiande, the CEO of Wangdai Group, to learn porcelain painting from Masami Okada of the Noritake Craft Center. It is believed that the collaboration between Zhou Danwei and Mr. Okada will drive high-demand for hand-painted collectibles. Additionally, five new products were released, including the Harvest Dream Sunlight Hymn series made of bone china in bright yellow with pink and light blue accents, and the Verdant Meadow tea set designed for the Asian market, which will be launched with seasonal floral patterns and a shimmering pearl-like luster in July and August this year.
Source: YAHOO
Reported over 1 year ago
On June 19, 2024, at 4:10 p.m., Shin-I Kosei (4768) saw a surge in stock price to 257 yuan as demand for special gases in the semiconductor industry continued to recover, accompanied by the launch of a new photoresist remover product, strengthening its operational advantages. Trading volume doubled to 2,350 shares, with a net buying activity of 708 shares from the three major institutional investors. The stock price broke through the 234 yuan resistance level, turning short-term bullish as the KD indicator showed a golden cross upward trend. The company's products are used by major semiconductor and memory manufacturers globally, with expanding production capacity and positive market outlook driven by AI advancements boosting semiconductor demand.
Source: YAHOO
Reported over 1 year ago
Following the excitement of COMPUTEX TAIPEI, AI tech leaders from around the world served as Taipei City's tourism ambassadors, promoting Taipei's night markets and local delicacies. Taipei City Government's Tourism and Travel Bureau, along with the Ministry of Transportation's Tourism Bureau and various travel agencies, organized three Taiwan tourism promotion events in three major cities in North America - Seattle, Los Angeles, and San Francisco. Taipei, known for its modern yet traditional charm, has been recognized as one of the 25 most popular tourist cities in the world by Tripadvisor and one of '52 Places to Go' by The New York Times. Taipei City Government is actively promoting Taipei's tourism resources as safe, convenient, diverse, and friendly to attract long-haul travelers from North America. Along with tourism campaigns, Taipei City Government is hosting international events such as the '2025 Taipei New Taipei City World Masters Games' in May 2025 to showcase Taipei's charm and promote tourism industry development.
Source: YAHOO
Reported over 1 year ago
Chang Hwa Bank aims to promote financial literacy and investment among young professionals by launching the 'Good Bond' program, which allows individuals to invest in specified foreign bonds starting from $1,000, with a 50% discount on handling fees. The bank's initiative targets to attract young investors with lower capital to enter the global market, build investment portfolios early, accumulate wealth steadily, and cultivate healthy investment habits, contributing to the overall financial growth of individuals. Chang Hwa Bank plans to continue offering innovative financial products and services to meet the diverse needs of its customers.
Source: YAHOO
Reported over 1 year ago
Biotech sector welcomes a new player as Anji Biotechnology (7754) is set to debut on the emerging stock market at 45 yuan per share on the 25th. Anji's Chairman, Huang Wenying, revealed that their fastest-progressing new drug is the authorized rare disease drug AJ201, currently in phase Ib/IIa clinical trials in the U.S., with unblinding expected in the third quarter of this year and pivotal trials planned for next year, aiming for drug approval by 2028. The company focuses on preclinical translational research and aims to bring new drugs into phase I/II clinical trials for early authorization. With major shareholders such as Taiwan Cement, Fubon Financial, and others, Anji plans to apply for listing on the main board by 2025. Their product line includes the Kennedy Disease treatment drug AJ201, where last year, European and American development and commercialization rights were licensed to Nasdaq-listed Avenue for $250 million, with positive prospects for regional authorization and multi-center clinical trials in the future.
Source: YAHOO
Reported over 1 year ago
Sonix (5471) held a shareholders' meeting on June 19, 2024, where they announced the emergence of new AI PC and mobile products. To capitalize on market trends, they plan to launch high-end microcontrollers with AI capabilities and energy-saving concepts to establish a competitive advantage and growth momentum. The company reported a decline in overall performance in 2023 due to global economic uncertainties and market demand issues but introduced strategies for the upcoming year, focusing on AI products, energy-efficient concepts, and environmental trends like electric vehicles and carbon reduction. Sonix also revealed their new board of directors and their focus on expanding into various markets including laptops, home video, smart monitoring, and digital payment sectors.
Source: YAHOO
Reported over 1 year ago
During the shareholders' meeting, the acting chairman of CSC, Wang Hsi-Chin, expressed that the production and sales of CSC in the second half of this year will be better than the first half, and next year will be even better. Despite a challenging market environment last year, CSC saw a significant profit increase in the first quarter of this year and is optimistic about the future due to favorable global economic conditions and projected growth in global steel demand.
Source: YAHOO
Reported over 1 year ago
2024年6月28日將在台中市豐原舉行「2024看見台灣AI元宇宙未來已來高峰會」，論壇將探討AI在元宇宙中的應用與未來發展趨勢，包括數位藝術重塑、感官擴展、應用人工智慧、以及科技與人文跨界合作的主題。會議完全免費，歡迎參與。
Source: YAHOO