The Taiwan Stock Exchange Corp (TSE, 台灣證券交易所) yesterday wrapped up Taiwan's biggest-ever investment presentation to woo foreign investment, drawing the participation of 130 foreign corporations, TSE Chairman Wu Rong-i (吳榮義) said.
The three-day presentation, organized by the TSE and Yuanta Securities Co (元大證券), started on Wednesday.
Eighty of Taiwan's listed companies took part in the presentation designed to seek investment from foreign corporations, with each foreign firm having eight face-to-face seminars with local companies during the three days.
Foreign participants had positive views about the influence of next Saturday's presidential election and showed keen interest in Taiwanese shares because of the rising New Taiwan dollar, Wu said.
Wu said the TSE used to hold business presentations overseas to introduce Taiwan's industrial development and competitive advantages, but this was the first time Taiwan had held this type of presentation at home.
He expressed hope that the business presentation would help increase the proportion of foreign investment, saying that foreign investment transactions account for about 30 percent of the Taipei market, while about 60 percent are individual stock investments.
He said that Taiwan's companies that receive the highest amount of foreign investment are in the high-tech sector, with the average stock-holding ratio of foreign investment in these companies at over 60 percent.
The TSE will seek more opportunities to introduce small and medium-sized enterprises to foreign investors to increase their stock holding ratios, Wu added.
It was late morning and steam was rising from water tanks atop the colorful, but opaque-windowed, “soapland” sex parlors in a historic Tokyo red-light district. Walking through the narrow streets, camera in hand, was Beniko — a former sex worker who is trying to capture the spirit of the area once known as Yoshiwara through photography. “People often talk about this neighborhood having a ‘bad history,’” said Beniko, who goes by her nickname. “But the truth is that through the years people have lived here, made a life here, sometimes struggled to survive. I want to share that reality.” In its mid-17th to
‘MAKE OR BREAK’: Nvidia shares remain down more than 9 percent, but investors are hoping CEO Jensen Huang’s speech can stave off fears that the sales boom is peaking Shares in Nvidia Corp’s Taiwanese suppliers mostly closed higher yesterday on hopes that the US artificial intelligence (AI) chip designer would showcase next-generation technologies at its annual AI conference slated to open later in the day. The GPU Technology Conference (GTC) in California is to feature developers, engineers, researchers, inventors and information technology professionals, and would focus on AI, computer graphics, data science, machine learning and autonomous machines. The event comes at a make-or-break moment for the firm, as it heads into the next few quarters, with Nvidia CEO Jensen Huang’s (黃仁勳) keynote speech today seen as having the ability to
NEXT GENERATION: The company also showcased automated machines, including a nursing robot called Nurabot, which is to enter service at a Taichung hospital this year Hon Hai Precision Industry Co (鴻海精密) expects server revenue to exceed its iPhone revenue within two years, with the possibility of achieving this goal as early as this year, chairman Young Liu (劉揚偉) said on Tuesday at Nvidia Corp’s annual technology conference in San Jose, California. AI would be the primary focus this year for the company, also known as Foxconn Technology Group (富士康科技集團), as rapidly advancing AI applications are driving up demand for AI servers, Liu said. The production and shipment of Nvidia’s GB200 chips and the anticipated launch of GB300 chips in the second half of the year would propel
The battle for artificial intelligence supremacy hinges on microchips, but the semiconductor sector that produces them has a dirty secret: It is a major source of chemicals linked to cancer and other health problems. Global chip sales surged more than 19 percent to about US$628 billion last year, according to the Semiconductor Industry Association, which forecasts double-digit growth again this year. That is adding urgency to reducing the effects of “forever chemicals” — which are also used to make firefighting foam, nonstick pans, raincoats and other everyday items — as are regulators in the US and Europe who are beginning to
RSS