Reported about 1 year ago
Following the Dragon Boat Festival, short-term gains led to selling pressure in the Taiwan stock market. Despite historical data showing a decrease in post-holiday upward trends, this year the market is supported by four major factors. While short-term fluctuations may occur, the mid-to-long term trend remains upward, with the index expected to be supported between 22,500 to 21,493 points. Positive factors include NVIDIA's stock split, Apple's upcoming WWDC focusing on AI integration, TSMC's record-high revenue, and market reactions influencing interest rate cuts.
Source: YAHOO
Reported about 1 year ago
On June 8, 2024, Turkey announced that starting from July 7, they will impose an additional 40% tariff on imported cars from China, with a minimum additional tariff of $7,000 per car. This decision follows recent high tariffs imposed by other countries on Chinese electric vehicles, as Chinese car manufacturers focusing on electric vehicles have been aggressively expanding globally. Turkey had previously raised tariffs on Chinese electric cars in 2023 to support their first domestically produced electric car. This move is part of a trend where countries like the US and EU are taking tariff actions against Chinese electric cars and other products.
Source: YAHOO
Reported about 1 year ago
Following NVIDIA's stock split on June 7th, where 1 share became 10, futures traders are advised to engage in related derivative products such as American stock CFDs and semi-conductor index futures to participate in the market. The split transforms the stock price to around $120.88, making it more affordable and enhancing liquidity. With the high volatility in NVIDIA's stock price, the flexibility and agility of trading in American stock CFDs become advantageous. CFD trading, similar to futures, involves cash settlement based on price differentials, leveraging margin to amplify trades, and is gaining popularity among Taiwanese investors due to the variety of underlying assets available for trading through licensed futures firms offering leveraged trading services.
Source: YAHOO
Reported about 1 year ago
On June 8th, 2024, lucky energy is shining for Cancer individuals, with good influential factors present, but caution is advised for unexpected opportunities. Both windfall and regular income are gearing up, with a wealth-gathering opportunity in the business sector for Cancerians. Despite market risks, wealth can still be expected through advanced planning. It is recommended to avoid short-term investments and instead focus on long-term strategies. Lucky items and colors are rose quartz and pink, while lucky numbers include 9, 6, 4, 0 and their combinations.
Source: YAHOO
Reported about 1 year ago
Residential rental price in Taoyuan and Hsinchu regions is leading the nation, with Hsinchu showing an annual rent increase of around 10% for three consecutive years and Taoyuan expanding this year to over 10% from the usual 5%-6% increase. Experts attribute this trend to the younger population in these areas, continuous influx of people from across Taiwan, ample job opportunities, and a higher proportion of new properties with higher acquisition and holding costs for landlords. Despite policies like property hoarding taxes and interest rate hikes, landlords' overall holding costs remain relatively low, especially in areas like Taipei, Taichung, and Kaohsiung with older properties. The rental market consists mostly of older low-cost properties. Taoyuan and Hsinchu, being newer cities with a higher proportion of new high-rise buildings, have seen rising property prices and an increase in overall rents, partly due to the extended high tax rate holding period for new, relatively expensive properties bought for rental purposes.
Source: YAHOO
Reported about 1 year ago
According to the latest forecast from the Directorate-General of Budget, Accounting and Statistics, Taiwanese individuals have accumulated excess savings totaling NT$3.8 trillion this year, reaching a historic high for the fifth consecutive year. To navigate the uncertainties in the capital market, life insurance companies advise high-net-worth individuals to focus on bridging protection gaps, wealth appreciation, and inheritance. Using the three words of 'gift, preservation, and love' as a guideline, individuals can plan their legacy through various insurance functions such as gifting to reduce tax burdens, preserving assets for successors through designated insurance beneficiaries, and ensuring family well-being through life insurance protection. Starting inheritance planning early is emphasized for optimal benefits in terms of estate tax savings and securing family legacies.
Source: YAHOO
Reported about 1 year ago
John Lin, the China Stock Investment Manager of UOB Group, will provide an in-depth analysis of the investment prospects in the Chinese market for the second half of 2024. Starting with the policy and economic situation, the focus is on the impact of China's efforts to deleverage and prevent a real estate bubble, leading to a sluggish real estate market and a decline in new home sales by 20% to 30%. Despite geopolitical risks due to the US-China trade tensions, Chinese companies have adapted by establishing factories in countries like Vietnam to mitigate the impact of tariffs, showcasing market resilience amid political uncertainties.
Source: YAHOO
Reported about 1 year ago
Taiwan's stock market hit a new high last week, led by TSMC's strength closing the bearish gap. The stock index maintained a strong trend of breaking through the range, suggesting interest in mid-cap stocks. Analysts suggest focusing on tech stocks with capital flowing back gradually, while industries like manufacturing rotate funds more quickly. Stocks like SynTrend (4303), Chi Mei Communication (3047), Jentech (4561), Glory Star (1617), and Heide Wett (3268) are recommended. The weighted index is expected to retest the gap and average deviation; thus, focusing on mid-cap stocks is advised. Robotics and cooling groups are worth considering due to recent corrections, while industrial sectors like power, cables, and shipping performed well as capital flowed there last weekend. SynTrend, a specialist in synthetic leather, is set to benefit from Olympic events and increasing awareness of animal rights driving demand for synthetic leather substitutes. Chi Mei Communication has reported impressive May revenues due to increased shipments; Jentech expects a rising trend quarter by quarter with solid first quarter results; Glory Star is enjoying increasing demand as it ventures toward better operational performance; and Heide Wett is gradually improving its operations amidst growing demand.
Source: YAHOO
Reported about 1 year ago
On June 7th, Innodisk's (2451) stock price surged by 6.09% to close at NT$122, hitting a new high since May 19, 2008, driven by the continuous rise in memory chip prices. Institutional investors largely support Innodisk, causing a significant increase in buying momentum since May 29. The uptrend in DRAM and NAND Flash prices is attributed to customer inventory clearing and production cutbacks by major manufacturers like Samsung, SK Hynix, and Micron since the fourth quarter of 2023. Innodisk expects the memory market to return to a healthy balance due to the rising memory prices and recovering consumption dynamics.
Source: YAHOO
Reported about 1 year ago
Under the backdrop of strict IPO reviews in mainland China, the number of mainland enterprises seeking listings in Hong Kong continues to increase. As of the end of May this year, 21 companies have been listed on the Hong Kong Stock Exchange, raising a total of approximately HK$9.6 billion. Over 100 companies, with mainland companies as the main force, have submitted listing applications to the Hong Kong Stock Exchange. At least 15 automotive industry chain companies are expected to seek a listing on the Hong Kong stock market this year, including those in battery materials, smart driving, and transportation sectors. The Hong Kong stock market, known for its international financial center influence, is becoming an attractive destination for these companies looking to go public due to its lower threshold, faster approval process, and the ability to facilitate international capital connections and global expansion in the future.
Source: YAHOO
Reported about 1 year ago
In the highly competitive AI PC core processor chip market, major players like Intel, AMD, and Qualcomm have all introduced new chips to seize market share. Notably, all three companies have collaborated with Taiwan Semiconductor, with Intel's Lunar Lake, AMD's Ryzen AI 300 series, and Qualcomm's Snapdragon X Elite benefitting from Taiwan Semiconductor's advanced manufacturing. Despite the market's reception of AI PCs still being uncertain, Taiwan Semiconductor has already emerged as the primary beneficiary due to its cutting-edge 3nm fabrication technology, enhancing performance and AI capabilities, securing Intel's PC dominance, and aiding AMD's innovation with AI-centered chips. Qualcomm has also ventured into the AI PC sector with its Snapdragon X Elite, developed on Taiwan Semiconductor's 4nm process, showcasing a deep integration with Microsoft's Copilot and set for an early release this month.
Source: YAHOO
Reported about 1 year ago
On June 8, 2024, at 4:10 pm, Daya (stock symbol 1609) experienced a surge in its stock price following a statement by Economic Minister Guo Zhihui emphasizing the unexpectedly high demand for AI in the power sector, leading to a preference for solar photovoltaics. This news resonated with investors, with significant buying of 1,568 shares by institutional investors in the solar PV sector. Additionally, with Taiwan Power Company releasing new resilient grid plans and Daya's cable business holding orders worth 7.5 billion NT dollars, Daya's growth in solar energy projects and energy storage systems, including a large-scale photovoltaic project in Yunlin with plans to exceed 500MW by 2026, further contributed to its stock price rising by 3.1 NT dollars to close at 52.2 NT dollars. This positive outlook is supported by the significant investment in solar energy and energy storage by Daya in recent years, showing promising development in the renewable energy sector. More insights on currency trends, engine industry profits, and steel market movements are also provided in this report by Business Times.
Source: YAHOO
Reported about 1 year ago
On June 8, 2024, Zero One (3029) opened with a jump to NT$77.8 per share and quickly hit the limit-up price of NT$81.9 before closing at NT$80, marking a daily increase of 7.38% with trading volume reaching 11.2 thousand shares. The company, a renowned software distributor in Taiwan, is transitioning to a value-added distributor focusing on solution development in areas like cybersecurity, AI, and cloud computing. Initiating a NT$200 million private placement in 2024, Zero One aims to seek strategic investment partners, with progress expected as early as the third quarter. The company remains optimistic about 2024, expressing confidence in maintaining double-digit growth in performance.
Source: YAHOO
Reported about 1 year ago
In recent years, China's electric car market has been rapidly growing, leading to fierce competition among industry players, resulting in intense internal competition and price wars. While some like BYD have managed to remain profitable, most companies are struggling. During recent auto industry events, prominent figures in the industry have expressed concerns about internal competition and price wars, with disagreements and criticisms emerging among competitors. The debate highlights the challenges faced by Chinese car manufacturers in maintaining profitability amidst increasing competition and price pressures.
Source: YAHOO
Reported about 1 year ago
According to market definitions, devices with NPU, Copilot, or computing power exceeding 40 TOPS are considered as general AI PCs. For users, AI PCs will bring hardware upgrades and enhanced user experiences. NPUs will improve work efficiency and enable on-device AI processing. Market experts point out that with the advancement in cybersecurity, Taiwanese IC design firms have become crucial components, with companies like Yutech providing high SNR D-mic, SunPlus Innovation offering AI ISPs, Richtek focusing on power management ICs, and Etron Technology specializing in fingerprint recognition chips expected to benefit from the AI trend. Etron Technology is set to introduce fingerprint keys for Copilot next to the keyboards to meet dual authentication needs, aiming to complete certification by the second half of next year. Yutech emphasizes on promoting AI PCs with AI voice recognition and real-time translation features alongside generative AI, requiring improved microphone noise reduction and accurate sound capture. SunPlus Innovation leverages ISP chips for laptops to seize opportunities in the AI PC market, with AI face recognition offering a new PC experience.
Source: YAHOO
Reported about 1 year ago
為推動新的「雙照顧、雙就業」政策方針，台灣勞動部將提高企業興建幼兒托育設施的補助金額，從300萬增加至500萬，鼓勵企業承擔員工的育兒負擔。此舉是為了讓雇主提供更多托嬰中心、幼兒園等設施，履行性別平等工作法的要求，預計新補助金額將在8月上旬正式實施。
Source: YAHOO
Reported about 1 year ago
On June 8, 2024, at 4:10 PM, Quanta (2392) Group announced on May 27 that they will invest 2 billion NT dollars to establish Asia's largest green energy artificial intelligence (AI) computing center in Tucheng, expected to be completed in the fourth quarter of this year. It will feature 128 servers, 1,024 GPUs (H100), doubling the computing power of NVIDIA's Taipei-1 in Taiwan. Despite a strong initial impact, the stock price saw a peak the next day due to significant short-term gains. However, a quick chip consolidation halted the decline, with the stock price rising again on the 7th, showing potential for further gains in the short term. Quanta's May revenue was 7.286 billion NT dollars, a 33.14% increase year-on-year and 3.5% increase month-on-month, presenting dual growth. The accumulated revenue for the first five months was 33.309 billion NT dollars, marking a 10.04% annual increase.
Source: YAHOO
Reported about 1 year ago
Health is the most important task for Sagittarians this week, starting with adjusting their mood where anger and anxiety should be avoided. The solution is to plan a trip, whether it's a short excursion or exploring ancient sites abroad, as it has transformative effects. When communicating with family or close ones, it's recommended to divert the conversation. In terms of investments, setting boundaries and following discipline in buying and selling is advised. Lucky charms and colors: tiger eye stone and golden yellow. Lucky numbers: 6, 7, 1, 8, and their combinations.
Source: YAHOO
Reported about 1 year ago
The Global Health Alliance for Medical Care and Health Management was recently established in Taiwan in response to the growing health issues resulting from an aging population and changing lifestyles. With Taiwan projected to have over 20% of its population aged 65 and above by 2025, of which 70% are in a state of health or sub-health, a comprehensive health management program is urgently needed. The alliance aims to integrate global health concerns by collaborating with experts in various fields to assist in education, research, and the development of the healthcare industry, emphasizing the importance of preventive medicine and personalized health management services using advanced technology to improve the overall health awareness and disease prevention among all age groups.
Source: YAHOO
Reported about 1 year ago
Following a surge in the Taiwan stock market with the index aiming for 22,000 and a calm market environment post-hype around Huang Renxun and COMPUTEX, experts suggest focusing on high-dividend shield stocks combined with stocks showing monthly revenue growth, and with foreign investors buying 14 stocks in defiance of the trend last week, such as Lianqiang, Evergreen, and Uni-President Securities, after the Dragon Boat Festival for potential gains. Considering the historical likelihood of stock fluctuations post-festival, experts emphasize the need to pay attention to profit-taking and selling pressures post-holiday, with a focus on fundamental factors and monitoring outstanding stocks ahead of the revenue release deadline on May 11, including stocks with cash dividend yields ranging from 3.5% to 4.75%, like Lianqiang, Mega Financial Holding, King Yuan Electronics, Yumin, Evergreen, Asus, Uni-President Securities, Polytronics, Mandarin Airlines, General Interface Solution, Siliconware Precision Industries, Extensive Credit, Shiny Chen, Chin-Poon Industrial. These stocks, despite significant foreign selling last week, received remarkable foreign buying interest, indicating positive market momentum going forward.
Source: YAHOO
Reported about 1 year ago
The Executive Yuan's Office of Trade Negotiations announced the first-quarter results of the New Southbound Policy for this year, showing a substantial increase in investment by over 90% compared to the same period last year, focusing mainly on ASEAN countries such as Singapore, Vietnam, and Thailand. Bilateral trade remains active, with a total trade value of $42 billion, marking an 11.9% growth from the previous year, particularly in exports which increased by nearly 30%. The agriculture sector has been promoting agricultural product exports to New Southbound countries, with a quarterly amount of $330 million, an 11.7% increase from last year. The policy, in its ninth year, emphasizes economic and trade exchanges, talent development, resource sharing, and regional connectivity, with a notable increase in exports to New Southbound countries, demonstrating the policy's success in opening up new markets and acceleration in market development. With the complete integration of the ASEAN RCEP in 2023, Taiwan businesses are shifting towards direct investments and setting up local factories to maintain international competitiveness. The New Southbound Policy is proving to be beneficial in enhancing trade relations and market access for Taiwanese businesses in the region.
Source: YAHOO
Reported about 1 year ago
TOYOTA客服中心致力於提供卓越服務，以用心態度不斷超越顧客期望。組織明確分工，充分授權一線人員，並提供多元化溝通管道及智能客服技術。CARES客服系統的優化提高處理效率，二線人員更會表揚卓越的一線員工，以優秀案例激勵其他人。TOYOTA秉持「以心為本、以客為尊」理念，不論在何處，都致力以用心傾聽及滿足顧客需求。
Source: YAHOO
Reported about 1 year ago
Since hitting its peak on May 24th, Wan Tai Technology's (6190) stock price quickly pulled back, accompanied by profit-taking. However, on June 7th, it successfully turned the tables with a strong rebound, reversing the technical downtrend and breaking through all resistance levels. The KD indicator also formed a golden cross at a low level, favorable for further bullish momentum. Benefiting from the growth in demand for high-end network cables and rising product prices, Wan Tai Technology achieved a new high in revenue of 716 million NT dollars in May, up 21.62% year-on-year. In terms of profit performance, the first-quarter net profit after tax reached 77.61 million NT dollars, the highest in nearly five quarters, with a quarterly increase of 19.4% and a yearly increase of 43.7%, translating to an earnings per share of 0.5 NT dollars. For more news, see United Daily News articles on the U.S. economy reopening, Nike's earnings exceeding expectations, Taiwan Honda's first domestically-produced hybrid car, and the approval of tax reductions for day trading boosting the Taiwan stock market.
Source: YAHOO
Reported about 1 year ago
On June 8, 2024, at 4:10 pm, analyst Zhao Pengbo from Hundada Investment pointed out the strong performance of Taiwan's stock market last week, attributing it to factors like the rise of certain tech stocks and the impact of Nvidia and TSMC ADRs hitting new highs. The index reached a historical high of 21,970 points, with expectations to breach the 22,000 points mark. Stocks to watch this week include Genchun (4561), Tiantwo Technology (6834), Silite (4303), Heide Wei (3268), and Bao Rui (8093). Genchun achieved its second-highest monthly revenue in May, with its stock price crossing the monthly and quarterly lines, indicating potential future growth. Tiantwo Technology, a passive component chip resistor manufacturer, saw its stock price hit a yearly high as it sustained an upward trajectory along the monthly line. Various industries expressed optimism for Silite, a PU synthetic leather manufacturer, as its stock price rebounded significantly from the bottom. Heide Wei, specializing in consumer IC firmware design, experienced a recent surge in buying momentum, reaching new highs as the monthly and quarterly lines exhibited a golden cross, hinting at a positive future. Bao Rui, known for CPU radiator production, saw a renewed upward trend after a brief consolidation period, with possibilities to further expand its gains. As Taiwan stocks hit record highs driven by TSMC reaching 899 NTD, nearing the market consensus of 1,000 NTD, the week's stock selection favored strong sectors such as AI and semiconductors, alongside non-electrical sectors like heavy-duty energy storage, electrical wires and cables, and medical information. The US 'small non-farm' ADP report showed a new job addition of 152,000 in May, lower than market expectations, and a continuous 5% wage growth rate, a multi-year low. However, the newly released US May non-farm employment data showing an additional 272,000 jobs, exceeding the expected 182,000, might create some short-term noise in the rate cut path. Xu Xiulan emphasized the need for a clear energy policy to meet the industry's electricity needs, targeting a revenue challenge of 20 billion this year, with an estimated 3% decrease in TV panel shipments next year, as per a report in the Business Times.
Source: YAHOO
Reported about 1 year ago
On June 8th, Jupiter is in the front of Gemini, Mercury is in the middle, and Venus enters the back. Gemini's moon is about to enter the back as well. It's better to stay still than to act, especially regarding significant career changes, to avoid further decline. Fortune favors the mindful; disasters come when one is heedless. Stay focused on learning and avoid being swayed by external influences to succeed this week. In finance and investments, go with the flow without rushing or being impatient. Lucky items and colors: agate and milky white. Lucky numbers: 8, 6, 7, 1, and their combinations.
Source: YAHOO