＂stock performance＂ 結果共10筆

Taiwan stock market opens lower following U.S. decline, but semiconductor stocks remain strong. TSMC and domestic semiconductor ETFs outperform despite broader market downturn.

Taiwan’s stock market rose to 17,595.01 on Friday morning, despite Taiwan Semiconductor Manufacturing Company (TSMC) shares falling to NT＄578. This contrasts with major U.S. stock indices, as the Dow Jones rose by 10.15 points while the Nasdaq fell by 81.91 points. TSMC’s American Depositary Receipt (ADR) price also dropped below US＄100 to US＄99.13, causing a decline of around 1.04%. This decrease in TSMC’s value affected the main index by approximately 16 points, and its market capitalization dipped below NT＄15 trillion. Meanwhile, Asus Chairman Jonney Shih announced the company’s intensified efforts in artificial intelligence (A.I.) development, resulting in Asus shares rising by 6 points to open at NT＄460.

Foreign investors are showing renewed interest in Asian stocks, particularly in Taiwan, according to a report released on December 25. In the week of December 18 to 22, foreign funds flowed back into Asian stocks, with the Taiwan Stock Exchange attracting NT＄643 million. South Korea also saw an influx of NT＄602 million. South Korean stocks performed the best, increasing by 1.4%, followed closely by Thailand with a 1.01% increase. Indonesia, the Philippines, and Vietnam also experienced positive growth. However, Taiwan’s stocks unexpectedly fell by 0.44%, despite being favored by foreign investors. India’s stock market also dropped by 0.53% for the week. In terms of overall performance in 2023, Taiwan’s stocks related to the AI supply chain surged 24.47%, surpassing the gains made by India (16.87%) and South Korea (16.24%). Looking ahead, PGIM noted that Taiwan’s industry has already hit bottom, with November’s export orders totaling US＄50.63 billion, driven by emerging technologies such as high-performance computing and artificial intelligence.

Shares of Yang Ming Marine Transport Corp. experienced a surge in volume, with over 70,000 shares traded, ranking in the top five in terms of transaction volume. This follows the suspension of services through the Red Sea by major container shipping companies, including Evergreen Marine Corp., Yang Ming, and Wan Hai Lines Ltd., due to attacks by Yemeni militants. The crisis in the Red Sea has led to global shipping lines rerouting, potentially alleviating excess capacity and boosting international freight rates. The stock performance of these ＂Big Three＂ container shipping firms has drawn significant attention. Evergreen Marine’s stock exhibited volatility, reaching a post-ex-dividend high of NT$148 but later dipping to NT$144.5. Yang Ming’s stock price also reached a morning peak but corrected downwards, with a trading volume surpassing 70,000 shares. Wan Hai Lines experienced a similar downward trend. These movements in the shipping sector are closely monitored amid the ongoing situation in the Red Sea, which impacts shipping routes worldwide.

Taipei-based subsidiary Family International Gourmet, a part of Taiwan FamilyMart Co., Ltd, has announced plans to increase salaries by 3-5% in 2024. The company will also offer incentive and performance bonuses equivalent to three to eight months of annual pay. Outstanding employees in 2023 could potentially earn annual salaries equivalent to over 20 months, with some store managers already earning millions of dollars per year. The company plans to expand by opening 8-12 new stores annually. In 2024, they aim to hire over 500 regular employees, including 50 potential store managers and over 200 potential supervisors. Starting salaries for new employees will increase from NT$34,000 to NT$36,000, with reserve cadres earning NT$40,000. Employees who pass training assessments can quickly advance to store manager roles, with the opportunity to earn annual salaries exceeding NT$1 million. The company reported impressive revenues of NT$19.92 billion in November, a nearly 30% increase year-on-year. Family International Gourmet is set to debut on the emerging stock market this Thursday as it progresses towards listing on the over-the-counter market.

The Taiwan Semiconductor Manufacturing Company (TSMC) has announced that its current CEO, C.C. Wei, is set to be nominated as the next chairman in the June 2024 board election. This comes after the current chairman, Mark Liu, revealed that he will not seek re-nomination and plans to retire after next year’s shareholder meeting. Liu, who joined TSMC in 1993, became chairman in June 2018 following the retirement of company founder Morris Chang. He expressed his desire to continue making a difference in the semiconductor industry using his decades of experience while also spending more time with his family. Despite varied opinions on Liu’s retirement, there is a consensus that TSMC’s stable corporate governance is unlikely to be affected in terms of operations and stock performance.

Investment trust companies in Taiwan, such as Jih Sun Investment Trust, Yuanta Investment Trust, Allianz Investment Trust, Taishin Investment Trust, First Investment Trust, and Cathay Investment Trust, are currently offering time-limited promotions that waive fund handling fees. These promotions, aimed at taking advantage of a bullish global financial market, include 0% transaction fees for regular savings plans and single payments. By focusing on Taiwan stock funds and funds invested in Vietnam, global industries, technology, and multi-asset classes, these companies are providing investors with opportunities to reduce investment costs. With an estimated profit of NT＄3.4 trillion for Taiwan’s listed companies in 2024, a potential growth of 10% to 20% compared to 2023, and strong performance expected in the fourth quarter, the investment landscape in Taiwan looks promising.

SinoPac Securities Investment Service (SinoPac Inv. Service) has released a report on the Taiwanese stock market, highlighting its impressive growth streak. Taiwan stocks have surged over 44% since 2020 through the end of November, outpacing South Korea’s market and even surpassing the US S&P 500’s gain. The report suggests that Taiwan stocks are poised to set a new high for the year, as the index has successfully breached the critical threshold of 16,800 points. SinoPac Inv. Service also points out that political performance and a thriving stock market are often seen as indicators of the incumbent’s record, with the stock market tending to show an upward trend before the presidential elections. Given the current momentum and what is described as a ＂multi-bottom pattern,＂ investment strategists at SinoPac are suggesting a ＂bullish-bias＂ investment approach. As investors closely monitor economic indicators before making their predictions on the election’s impact, Taiwan’s stock market enters the end-of-year season with robust investor optimism.

The story discusses the criticism of the revival of the Cross-Strait Service Trade Agreement (CSSTA) by Democratic Progressive Party (DPP) spokesperson Chang Chih-hao. Chang argues that the CSSTA, an outdated agreement from a decade ago, could harm Taiwan’s interests. This statement was in response to calls from Kuomintang (KMT) presidential candidate Hou Yu-ih and Taiwan People’s Party (TPP) candidate Ko Wen-je to reopen the service trade pact with China. Chang criticizes the China-centric economic and trade policies of former President Ma Ying-jeou, which he believes led to an unbalanced cross-strait economic environment. He highlights the negative impact the CSSTA could have on Taiwan’s industries, jobs, and salary levels. Chang also points out Taiwan’s recent economic achievements, such as the stock market’s performance, while noting China’s high youth unemployment rate. The DPP supports healthy and fair cross-strait exchanges but emphasizes the importance of avoiding political motives and unfair trade. Chang calls for a balanced approach to cross-strait economic and trade agreements and stresses the need for open communication with society when dealing with China’s economic coercion.

Taiwan’s major contract manufacturer, Quanta Computer, has announced that it will adjust its employee salary structure in response to inflation and talent retention. Starting in December, the salary adjustments will be based on job grades, with employees in the 8th job grade receiving an increase of NT＄3,000. According to the Taiwan Stock Exchange’s corporate employee salary information from June, the average annual salary for non-supervisory full-time employees at Quanta in 2022 reached NT＄1.501 million. This marks the third consecutive year that Quanta has raised salaries, with structural pay adjustments also made in 2021 and 2022. The company has clarified that the current restructuring will not affect the annual raises based on performance and division alignment. Additionally, Quanta plans to implement a flexible working hours system, reinstating the flexible work hour system adopted during the pandemic period at its headquarters in Taiwan. This will allow employees to start their day between 7 a.m. and 9 a.m. and leave between 4 p.m. and 6 p.m.