Reported 3 months ago
On July 17, 2024, Taiwan's stock market saw the weighted index drop by 0.95%, but New Fuxing (4909), a low Earth orbit satellite concept stock, broke its historical high by reaching NT$135 after a rapid opening. The company reported impressive consolidated revenues of NT$233 million in June, marking a month-over-month increase of 21.3% and a year-over-year growth of 548.6%, making it the top-performing stock. Other stocks such as Hsin Chuang and Aisin also showed significant gains, but none matched New Fuxing's remarkable success.
Source: YAHOO