Taiwan Enterprise Fast Just take – Taipei Instances
3 min readEQUITIES
Chip stocks drive TAIEX up
The TAIEX yesterday rose sharply on gains by significant-cap semiconductor shares, which mirrored a 1.41 % overnight increase in the Philadelphia Semiconductor Index. Although non-tech stocks were blended, higher liquidity led to powerful rotational obtaining of decide on old-economic climate shares, in distinct in the shipping and delivery business, lending added help to the broader industry, sellers stated. The TAIEX finished up 157.77 factors, or .92 p.c, at the day’s high of 17,371.29. Turnover totaled NT$433.107 billion (US$15.66 billion), with overseas institutional traders purchasing a web NT$14.29 billion in shares, Taiwan Inventory Exchange facts confirmed.
EQUITIES
International investors fall out
Overseas traders past 7 days purchased a internet NT$170 million of nearby shares right after they acquired a net NT$7.02 billion the previous week, the Taiwan Inventory Exchange reported in a assertion yesterday. The best three shares bought by foreign traders last week were being Chang Hwa Professional Lender (彰化銀行), ASE Technologies Holding Co (日月光投控) and Macronix Worldwide Co (旺宏電子), even though the top 3 offered were Innolux Corp (群創), AU Optronics Corp (友達光電) and China Airways Ltd (中華航空), the trade stated. 
Photo voltaic Energy
Giga Solar designs share sale
Photo voltaic paste maker Giga Solar Products Corp (碩禾電子) yesterday stated its board has authorized the sale of 10 million shares to a strategic trader as a result of a non-public placement at NT$124.4 per share. The company claimed in a regulatory filing that it aims to raise NT$1.24 billion and programs to use the funds to acquire supplies for electric powered automobile batteries. Hon Hai Precision Business Co (鴻海精密) options to purchase 8 million shares as a result of its subsidiary, Hyield Venture Cash Co (鴻揚創投). 
Attire
Makalot’s financial gain up 17.69%
Attire company Makalot Industrial Co (聚陽) yesterday claimed a pre-tax revenue of NT$129.89 million for previous month, up 17.69 % calendar year-on-yr from NT$110.37 million, but down 48.46 % thirty day period-on-thirty day period from NT$252 million. In the 1st five months of this calendar year, pre-tax revenue surged 54.09 p.c yr-on-calendar year to NT$1.21 billion, Makalot claimed in a regulatory filing. That translated into pre-tax earnings of NT$5.24 for each share, up from NT$3.57 a 12 months before.
Vehicle Elements
Tong Yang’s revenue spikes
Automotive components provider Tong Yang Field Co (東陽實業) yesterday documented NT$10.71 million in pre-tax gain for very last month, even with overseas exchange losses of NT$25.91 million. Very last month’s determine was up 609 per cent from a 12 months before. The business attributed the expansion to escalating demand from customers from US and European clientele immediately after economies reopened from COVID-19 lockdowns. All through the very first 5 months, pre-tax revenue rose 29 p.c each year to NT$354 million. Excluding the effect of overseas trade, pre-tax profit would have risen 51 percent per year, Tong Yang said.
Airlines
CAL to add California flights
China Airlines Ltd (CAL, 中華航空) would include two more spherical-excursion flights to California future month and in August amid developing desire. The provider explained flight CI024 would fly from Taiwan Taoyuan International Airport to Ontario Global Airport in San Bernardino on July 13 and 27, and on Aug. 10 and 24. The return flights would go away California on July 15 and 29, and on Aug. 12 and 26, it claimed.
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