Boosted by the listing of 00415A, the number of Taiwan equity ETFs increased to 95, with beneficiaries up 329,000 on the week to 19,580,110, a record high for two straight weeks. The total is up 7.4 million year-to-date, with 26 ETFs also hitting record beneficiary counts, showing strong popularity.
Taiwan Stocks
TECO's third-quarter revenue reached 168.5億元, a record high for the same period but below expectations. Institutional investors estimate fourth-quarter revenue will rebound to 179.6億元, bullish on its one-stop solution and MDC technology to capture AIDC opportunities, maintaining a buy rating with a target price of 88元。
Driven by AI testing demand, Chunghwa Precision Test posted third-quarter revenue of 19.05億元 and net profit of 5.51億元, both record highs, with EPS of 16.75元. The company expects capacity expansion benefits, targeting nearly 50% revenue growth next year and the year after, while new products may weigh on gross margin.
Musk says mass robot production will drive memory demand, putting memory stocks back in focus. Institutional investors suggest adding semiconductor ETF positions in batches after TSMC rebounds near its half-year moving average, to capture memory and ASIC opportunities and a pre-election rebound.
The Taiex rebounded 939.35 points to close at 47035.58 on the 28th, with turnover of 7232.96 hundred million yuan. Chen Jia-Wei said the shrinking-volume rebound remains a bear-market pattern, warning of a downward-sloping quarterly line and an M-top formation, with downside likely to test annual-line support and risks remaining high.
UMC announced additional spending of about US$3.2 billion to expand capacity in Singapore and Tainan, with third-quarter revenue of about NT$74.2 billion, profit up nearly 25% QoQ, and utilization topping 90%. LandMark posted EPS of NT$13.88 for the first three quarters, signed a long-term contract of at least four years with a US customer, with orders on hand exceeding full-year revenue.
Brokerage notes Unimicron's 第三季 revenue of 526.5億元 met expectations, with ABF and HDI accounting for about 八成 combined, optimistic that high-end utilization will stay high and mix will improve, maintaining Buy and raising target price to 1300元, with 明年 EPS estimated at 43.36元.
President Chain Store posted consolidated revenue of NT$275.879 billion for the first three quarters, up 5.72% year-on-year, with after-tax net profit attributable to the parent of NT$9.293 billion and EPS of NT$8.94. Both revenue and EPS hit record highs for the same period, supported by steady contributions from Taiwan 7-ELEVEN and reinvested businesses, with a focus on holiday-season opportunities in the fourth quarter to sustain growth.
High-end precision metal components maker Kuntong Technology will list on the Emerging Stock Market on October 29 at a reference price of 390, with LEO satellites accounting for 67% of revenue in the first three quarters, gross margin at 45%, and deployment in AI liquid-cooling and Taiwan-Thailand capacity expansion to capture business opportunities.
Taiwan stocks surged 939.35 points on the 28th to close at 47035.58, with turnover of 7221.35 hundred million yuan. Guo Zherong said US-Iran and Russia-Ukraine peace talks show a glimmer of hope, with funds flowing back into the AI supply chain, highlighting low-base catch-up plays such as Walsin Technology, Xintec, Faraday Technology and memory stocks.
Led by a U.S. stock rebound and a 6.6% surge in Korean stocks, Taiwan stocks surged 939 points on the 28th to close at 47,035, up 2.04%, with turnover of NT$723.2 billion. Foreign investors turned net buyers of NT$15.9 billion, with domestic investment trusts and dealers also buying, while semiconductor and cybersecurity ETFs were in focus.
Coretronic posted a loss of 1.83億元 for the first 3 quarters, with a loss per share of 0.47元, and turned profitable in Q3 with a profit of 0.13億元. Shipments of both energy-saving and imaging products are expected to decline in Q4, with full-year energy-saving shipments slightly up and imaging down 10% to 20%, in-vehicle shipments steady, and OLED momentum strong.
Taiwan Ratings announced rating outlook adjustments for Taishin Shin Kong Financial Holding and its subsidiaries, with the financial holding company and Shin Kong Life revised from negative to stable, and Taishin Bank and Shin Kong Bank revised from developing to positive, reflecting gradually improving post-merger integration and a stabilizing credit structure, with synergies to be pursued over the next two years.
The Taipei Exchange announced on the 28th that Unique Optoelectronics, with a P/E ratio of 82.10 times and a turnover rate of 52.22%, met the criteria and will be listed as a disposition stock from the 29th to November 6, with matching every 2 minutes; Guanxi Electric and Tongtai were listed as watch stocks for two consecutive days, with follow-up developments in focus.
Ahead of the Fed decision amid market caution, the Taiex surged 939 points to reclaim 47000, with foreign investors turning net buyers of NT$15.9 billion, lifting the Taiwan dollar up 3.4 cents to close at 32.418, a 2nd straight gain to an over-one-week high, with turnover shrinking to US$2.488 billion ahead of the rate decision early Thursday morning.
Huang Shicong notes sharp volatility in global stocks and currencies, with markets awaiting Big Tech earnings and the November 3 U.S. midterm elections. Korean stocks surged sharply in a possible bottoming signal, falling U.S. Treasury yields eased pressure on equities, while Taiwan stocks remain at elevated levels. He advises holding existing positions or buying ETFs on dips and watching related groups.
Taiwan stocks surged 939 points on the 28th to close at 47035, with foreign investors covering a net NT$15.9 billion. Semiconductors and IC design led gains, several ETFs hit new highs against the trend, and institutions see stock-picking momentum continuing. Turnover reached NT$723.2 billion, with investment trusts and dealers also net buyers.
Taiwan stocks surged 939.35 points on 28日 to close at 47035.58點, retaking the quarterly moving average and 47000點. Institutional investors posted a net buy of 298.94億元, all top-ten active ETFs closed higher, with 00991A up 4.62% leading the 500億 tier.
The TWSE announced on 10月28日 that Flexium 6269 reported a settlement default of 3308萬8081元 involving 3 brokerage branches, ranking 11th among disclosed cases this year, with the market watching chip movements and settlement risks; investors should remain cautious.
Taiwan equities surged 939.35 points to retake 47,000, with foreign investors covering shorts and posting net buys. The Taiwan dollar briefly touched the 32.3 level, closing at 32.418, up 3.4 cents, for a second straight gain to a high since October 19, consolidating between 32.3 and 32.5.