Taiwan stocks opened a red market yesterday (5) and continued their rally again. Power king TSMC continued to hit sky-high prices. Hon Hai made a call. The index soared by more than a hundred points, approaching the 10,000-five mark. TSMC’s ADR was once on Monday (4th). Rising to a record high, rising by more than 2%, it is expected to help the stock market performance, but the new crown variant virus continues to spread, the four major US stock indexes collectively closed in black, and Japanese and Korean stocks opened weaker, which will suppress the broader market gains.
The number of hospitalizations for COVID-19 in the United States hit a new high, the panic index VIX soared by more than 16%, and the four major U.S. stock indexes closed in the dark. The Dow Jones plunged by more than 700 points, but still fell by more than 380 points. S&P and Nasdaq both closed down by more than 1.4% , Feiban also fell by more than 0.4%.
In terms of market news, TSMC plans to set up factories in Japan. It is understood that in order to diversify the risks of the US-China trade and technology war and the rise in geopolitical tensions in the South China Sea, at the strong invitation of the Ministry of Economy, Trade and Industry, TSMC will establish a joint venture with the Ministry of Economy, Trade and Industry of Japan. , Set up an advanced packaging and testing plant in Tokyo.
The founder of Hon Hai, Guo Taiming, attended the opening ceremony of Hon Hai Research Institute. In his speech, he said that Taiwan cannot only have a sacred mountain to protect the country. Hon Hai is developing the next-generation assembly industry and cannot catch up with TSMC, but at least it must see TSMC’s steering wheel. Chairman and Dean Liu Yangwei said that the research institute is positioned at technology research and development, and Hon Hai will be responsible for the production of products. As long as it has unique technology, it can increase product value, which will also be the key to increasing gross profit margin to 10%.
Last year, Taiwan’s auto market sales data was released. In December, the number of new car listings reached 45,505 units in a single month, a monthly decrease of 1.8% and a year-on-year decrease of 0.9%. The total annual listings surpassed 457,435 units, an annual increase of 4%. To an auto market with more than 450,000 units.
According to the legal person, Taiwan stocks maintained their long-term momentum after the capital returned to electronic stocks after the opening of the red market. Foreign capital returned to the team and the cover was not soft. With the support of local funds, Taiwan stocks are expected to continue to rise.New Taiwan DollarIf there is a chance to continue to appreciate, the capital market will help the stock market performance.
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