Reported about 1 year ago
Provided by Yuanta Futures securities analyst Liu Jialun, compiled by Huang Yanhong on June 10, 2024, at 4:10 PM, the recent review reveals that the gold price has experienced a fierce rally since March, reaching a historical high in May. Despite retracements, buying support emerged near the quarterly line, and the technical aspect is once again showing a bullish trend above the monthly line. Observing since late May, the market's expectation for a Fed rate cut this year has been delayed, with some Fed officials turning hawkish, driving U.S. bond yields to over 4.6% on 5/29. However, gold prices showed resilience even as the U.S. dollar index and U.S. ten-year bond yields strengthened, indicating ongoing buying interest in gold on dips. The recent trend of gold prices strengthening near the quarterly line may be a result of central bank buying. Overall, CME's gold price currently presents a bullish pattern, despite concerns about a delayed Fed rate cut, there is continued buying interest on dips in the gold market. Therefore, it is not advisable to prematurely set high positions in anticipation of a resurgence in rate cuts. Reported by Commercial Times with World Bank lowering China's GDP growth forecast for this and next year, and Taiwan's TAIPOWER stating a dominant countdown of six days left for the sale of the first half of next year's shipping capacity with local investors striving for accounting tricks.
Source: YAHOO
Reported about 1 year ago
Yuanjian Dahe Direct Sales Co., Ltd. has been committed to providing affordable hearing aids to consumers since its establishment, operating with a focus on creating affordable imported and domestic models, offering a variety of choices for consumers. With a mission to be 'considerate, professional, and of great value,' the company incorporates the latest cloud technology into its daily operations by providing free hearing health checks, hearing aid fitting, adjustment, repair, maintenance services, and even free home visits. The company has garnered widespread consumer recognition and currently operates over 50 physical stores, with a new hearing technology development center established at the Yilan Science Park, integrating education, clinical services, research and development, manufacturing, cloud services, and digital communication in a thousand-square-meter space to develop hearing technology. In the face of the current situation where technology cannot prevent or cure hearing loss, Yuanjian Dahe focuses on the field of hearing technology assistance with a vision of 'No hearing loss in Taiwan, no hearing loss in the world!'
Source: YAHOO
Reported about 1 year ago
In a bid to seize the Mother's Day dining market on June 10, 2024, chain restaurant groups and tourist hotels have come up with various marketing gimmicks. This year, promotions revolve around age-based discounts, letting the oldest mother in a group dine for free, showing ID to determine the number of prawns, or matching specific characters in names. From photo ID discounts to showing tax receipts or sports event tickets for deals, the industry is getting creative to attract customers, with unique offers including smile detection games for free food extras to tax document discounts at hotels.
Source: YAHOO
Reported about 1 year ago
貿聯-KY的匯流排連接器和Busbar成功通過輝達認證並小量出貨，被看好成為今、明年營運成長的新動力。貿聯-KY積極開發HPC商機，尤其針對AI伺服器需求，預計營收比重將持續增加。公司主席梁華哲表示，今年成長的主要動能將來自HPC和半導體相關產品，預期第四季到明年第一季將完成一系列產品認證。雖然今年營收成長平平，但有急單湧現，顯示市場需求持續走強。
Source: YAHOO
Reported about 1 year ago
As major global central banks began implementing interest rate cuts on June 10, 2024, market attention is focused on the U.S. Federal Reserve's monetary policy. The U.S. 10-year Treasury yield has continued to decrease, reflecting the market's expectations of an interest rate cut. Analysts predict that the bond yields will progressively decline like sliding down a smooth slope by the end of the year. Various central banks worldwide are following suit in cutting rates, with signs of slowing inflation reinforcing expectations of Fed rate cuts. Although slight fluctuations might occur in the short term, the long-term trend indicates a gradual decline in bond yields.
Source: YAHOO
Reported about 1 year ago
As the global economy improves and the momentum in the fashion consumer market increases, along with the boost in consumer spending due to the Paris Olympics, domestic apparel factories have seen order growth exceeding expectations. Manufacturers like Ruifeng and Juyang indicate that this year’s orders have surpassed production capacity, requiring them to prioritize customers with better profits. With orders outpacing expectations, companies like Guangyue and Guanglong emphasize that this year's operations will definitely show significant growth compared to last year. Orders have been robust for both Juyang and Guangyue, with expectations of continued growth in shipments and earnings until the year ends.
Source: YAHOO
Reported about 1 year ago
Dr. Huang Wenyi, the founder of Sanjet Technology Co., Ltd., has designed an electromagnetic wave exploration system to assist developers in exploring underground natural resources like oil, gas, geothermal, or gold deposits. The company processes and interprets the data obtained by developers during field exploration, and also develops communication and IoT products to meet their needs. Since 2010, Sanjet has developed a new generation of natural resource exploration systems tailored to Taiwan's complex terrain and geological regions, identifying multiple geothermal reservoirs in Taiwan. Recently, they have collaborated with geothermal drilling experts from Southeast Asia to provide green energy development solutions for Taiwan's carbon credit demand. Sanjet continues to advance its exploration technology and has successfully assisted developers in China, Japan, South Korea, the Philippines, and other regions with exploration missions.
Source: YAHOO
Reported about 1 year ago
In an interview with KPMG Chairman Chen Junguang on June 10, 2024, at 4:10 PM, he discussed the importance of offering complete career planning to attract talent, addressing Taiwan's labor shortage issue. KPMG has increased starting salaries for new graduates to at least 40K, with the potential to earn over a million annually within four years. Chen emphasized the significance of integrating work content with future prospects, stating that despite initial challenges in the accounting industry, there is a competitive development path focusing on financial structure risk and governance strategies. Additionally, he urged HR departments to widen recruitment scopes to address talent shortages from various fields such as accounting, management, trade, and environmental-related areas.
Source: YAHOO
Reported about 1 year ago
Chuilin Machinery, a leading domestic manufacturer of cutting machines, specializes in precision hydraulic dual-side automatic feed cutting machines and recently introduced the high-precision 'CSS-603 Four-Column Hydraulic Die Cutting Machine' with an accuracy tolerance of 0.01mm and smart touchscreen interface. The machine uses German precision special flat steel plates for long tool life and increased efficiency in dust-free environments, making it an ideal machine for various industries such as medical technology, traditional industries, and electronic industries. The advanced model CSS-603M features multiple-stage cutting settings and is suitable for high-precision cutting of various materials like blood glucose test paper, stickers, labels, PVC, and more.
Source: YAHOO
Reported about 1 year ago
Several food companies including Great Wall, Uni-President, Fubon, and Nan-kuo are planning to expand production capacity this year, injecting growth momentum. With oversupply of raw materials and unstable pricing, these companies are strategically setting up new production capacities and tapping into new markets. Strategies involve expanding production lines in Mainland China, acquiring food plants in the United States, and establishing new factories in Thailand. These expansions are expected to boost profitability and market presence in the coming months.
Source: YAHOO
Reported about 1 year ago
Yang Jingchun/Taipei Report, June 10, 2024, 4:10 PM: Analysts indicate optimism for Taiwan stocks due to economic upturn and sustained bullish trend, predicting high ex-dividend chances this year. Starting with TSMC (2330) on June 13, a total of 216 listed companies will go ex-dividend by the end of June. Experts expect stocks with low PE ratios and high dividend yields, such as TSMC, to perform well, driven by industry recovery, positive market outlook, and upcoming interest rate cuts. Selecting 15 stocks meeting criteria like low PE ratio, high dividend yield, and underperformance relative to the market, including HP, ZHIXING, Peachi, Chefi, and more, will go ex-dividend between the 12th and 28th of June.
Source: YAHOO
Reported about 1 year ago
After experiencing a passionate high, Taiwan's stock market saw rapid fund rotation with short-term funds exiting weight stocks and moving towards traditional industries and small and medium-sized stocks. The main index closed slightly lower on the 7th, while Taiwan futures rose slightly. The options market remained neutral with various indicators. Overseas factors like the U.S. employment data affected investor sentiment towards interest rate cuts, with a focus on upcoming economic data and the FOMC's rate decision.
Source: YAHOO
Reported about 1 year ago
Morgan Stanley believes recent price fluctuations offer good buying opportunities for cooling giants Quanmax (3017) and Auras Technology (3324), with strong fundamentals supported by foreign investors. Quanmax's stable fundamentals and Auras Technology's outperformance compared to the market have garnered positive investment ratings from Goldman Sachs and Daiwa Capital Securities. Despite recent concerns over market demand shifts to liquid cooling, delays in GB 200 mass production, and surplus of liquid cooling components, Morgan Stanley's industry research shows Quanmax maintaining high-quality production flexibility and securing more orders, debunking financial model downgrades and presenting attractive buying opportunities amid recent price fluctuations. Quanmax's Vietnam plant's 3D VC mass production, recovering demand for general-purpose servers, and promising market share projections for liquid cooling products all point towards long-term growth prospects.
Source: YAHOO
Reported about 1 year ago
Yan-Hong Huang, provided by Yuanta Futures, summarized on June 10, 2024, that the COMPUTEX in 2024 focused on AI, attracting top figures in the industry such as NVIDIA founder Jensen Huang, AMD CEO Lisa Su, Intel CEO Pat Gelsinger, and GlobalFoundries CEO Tom Caulfield. The global market is witnessing a wave of AI demand, benefiting the semiconductor industry. The Semiconductor 30 Index Futures are heavily linked with the AI industry, with TSMC and MediaTek having a combined weight of 50%. With strong AI demand pushing stock prices to historic highs and TSMC hinting at raising chip prices, profit estimates are positive. Taiwan Futures Exchange's Semiconductor 30 Futures offer low entry barriers, high flexibility, and leverage, making it attractive for traders and hedgers. Technically, the futures showed bullish alignment with strong support, indicating further upside potential. However, futures trading involves high leverage and risks; investors are advised to set stop-loss mechanisms for risk control. Also, next year's Q4 will see UMC's Longtan fab officially start, GlobalWafers doubling production capacity, and Longi's roaring demand in 2022.
Source: YAHOO
Reported about 1 year ago
台灣證券交易所總經理簡立忠指出，將ESG納入永續發展策略是企業在國際競爭中的利基，證交所聯合多所大學完成永續實作研習及宣導會，旨在協助上市公司了解永續發展目標與行動方案，促進資本市場轉型國際接軌。活動內容涵蓋永續報告書解析、ESG報告書實作、和溫室氣體盤查等議題，以協助公司管理層加深對永續發展的理解與應用。
Source: YAHOO
Reported about 1 year ago
From an investment perspective, AI is an undeniable long-term structural growth theme. Capturing the AI investment opportunity at this stage involves the 'layered stack' strategy. The rise of generative AI is seen as a milestone in AI development, poised to drive revolutionary technology in the coming decades and catalyze innovative business models. The article highlights the three layers of the strategy - bottom layer focusing on hardware and AI-related infrastructure, middle layer on cloud computing and foundational models predominantly led by large tech companies, and top layer on various applications with fierce competition and uncertain winners, all impacted by AI's ongoing development.
Source: YAHOO
Reported about 1 year ago
InnoVEX 2024新創展會於2024年6月7日圓滿落幕，吸引來自30多個國家的約400家新創團隊參與。主辦單位採取虛實整合模式，除實體展示外亦舉辦雲端展會，廣受好評。櫃買中心帶領7家公司在展會設置創櫃新星主題專區，展出特色產品並提供互動體驗，受到觀展者熱烈迴響。櫃買中心致力推廣創櫃板，為新創企業提供輔導和投資資源，並將持續支持國內新創企業發展。
Source: YAHOO
Reported about 1 year ago
In recent years, China's steel overcapacity has had a significant impact on the Asian steel market. However, Taiwanese steelmakers believe that with China's active intervention in the property market and the boost in demand from white goods and electric vehicles, this year's supply-demand imbalance in China's steel industry is expected to improve compared to last year, reducing its impact on the Asian steel market. Despite concerns over China's steel production, some remain optimistic due to favorable government policies that boost demand, such as subsidies for replacing white goods and promoting the electric vehicle industry, contributing to a better supply-demand balance in the domestic steel market.
Source: YAHOO
Reported about 1 year ago
Amid a slowdown in US economic data, the strong US dollar has eased slightly, but remains supported by interest rate differentials compared to other non-US currencies as the US economy is deemed more stable overall. Forecasts indicate the dollar will continue to fluctuate at high levels throughout the summer of 2024, maintaining its strength even if the Federal Reserve initiates rate cuts, as these are expected to be modest. The article also highlights the widening economic growth and rate gap between the US and its trade partners, leading to the US dollar's resilient trend. Various banks anticipate the dollar will stay strong until the Fed's rate cuts, predicted around September, keeping pace with or ahead of other major central banks like Switzerland, Sweden, and Canada, thus supporting its robust trajectory.
Source: YAHOO
Reported about 1 year ago
Evertop Technology (3499), on June 10, 2024, announced a May revenue of 35 million NT dollars, a 7.02% increase from the previous month and a remarkable 55.52% year-on-year growth, attributed to stable new product shipments. The company's revenue in the first five months reached 157 million NT dollars, up 22.85% from the same period in 2023. Analysts predict that Evertop Technology's revenue will continue to grow quarterly in 2024, with the second quarter expected to outperform the first. Additionally, the company might achieve profitability in the second quarter, marking three consecutive quarters of turning losses to profits, making 2024 a significant turning point year for the company. The new board of directors, with Dr. Zheng Shiyang elected as the new chairman, signals a generational transition in leadership, potentially introducing new strategies and business models for sustainable growth.
Source: YAHOO
Reported about 1 year ago
Summary of an article from Business and Commerce Commentary on June 10, 2024, discusses how soaring house prices lead to increased rents, affecting inflation rates significantly. The article emphasizes the upcoming Central Bank meeting focusing on monetary policy due to the May inflation rate surpassing 2%. The current inflation is attributed to both local and global factors such as ongoing geopolitical tensions. The fluctuations in international commodity prices and the continuous rise in domestic housing prices are also contributing to the inflationary pressures. The article highlights the concerns of escalating rents and dining expenses impacting the younger population the most, surpassing the average salary growth over recent years. To combat inflation, the Central Bank is urged to address the continuous surge in housing prices and rents by implementing appropriate policies.
Source: YAHOO
Reported about 1 year ago
StarLux Airlines' first-quarter financial report for this year showed impressive results, with a single-quarter revenue of 7.995 billion NT dollars, a 23% increase from the previous quarter and an 83% increase year-on-year. The company's post-tax net profit was 623 million NT dollars, a 3.91-fold increase from the previous year, exceeding the full-year earnings of the previous year in just one quarter. The company's strategic focus for the year includes network expansion, leveraging transit markets actively, strengthening cooperation within the aviation industry, and remaining vigilant towards economic and geopolitical variables. StarLux is set to expand its flight network, starting from July 1st with flights to Phu Quoc Island in Vietnam, eventually establishing a considerable transit network by the end of the year.
Source: YAHOO
Reported about 1 year ago
As of June 10, 2024, foreign investors have accumulated nearly 5.9 trillion yen in Japanese stocks this year, leading to one of the highest growth rates among Asian stocks. Large cap stocks are particularly benefiting from this trend. Fund management professionals suggest that despite recent volatility in Japanese stocks, the positive economic recovery and policy reforms make them optimistic. They recommend focusing on high-quality large cap stocks ETFs or Japanese stock funds favored by foreign investors to seize investment opportunities, as leading Japanese companies are expected to thrive in the bullish market.
Source: YAHOO
Reported about 1 year ago
In pursuit of net zero carbon emissions, the 'green inflation' is impacting prices across all sectors, potentially leading to increases in raw materials like furnace slag powder and transportation costs in ready-mixed concrete. Moreover, the market's demand for higher production costs of low-carbon cement and low-carbon ready-mixed concrete is pressuring companies like Taiwan Cement, Asia Cement, and domestic building materials industries to raise prices in the latter half of the year. Factors such as electricity prices and the shift from coal to alternative energy sources are contributing to the rising costs, with expectations of increased prices for cement and ready-mixed concrete products in the near future.
Source: YAHOO
Reported about 1 year ago
Microsoft held its 'Xbox Games Showcase 2024' on June 9, 2024, unveiling the latest fully digital Xbox Series X and S gaming consoles along with several new Xbox game trailers including popular series like Call of Duty and Doom to stimulate console demand. The event focused heavily on new game releases as a strategy to boost hardware sales. Microsoft introduced three console models with varying storage capacities and prices, catering to different consumer needs in the gaming market.
Source: YAHOO