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Taiwan shares have frequently hit record highs since November, peaking at 13,785.92 points last week and finally closing at 13,716.44 points, a 443-point gain in a single week. This wave of rising foreign investment is a major driving force. Since November, foreign investors have bought more than Taiwanese stocks for nearly 146.8 billion yuan, but foreign investors have made some gains for the second day in a row and sold pressure. In the short term, we must be careful to avoid correction pressure after the technical deviation is too large. Whether TSMC continues to fight for soaring new prices is an indicator of the strength of Taiwan stocks.
Recently, the four major US stock indexes. UU. They kept crashes in high-level areas. Foreign capital continued to replenish Taiwan’s shares. Last week, foreign investors bought more than 49.9 billion yuan, which is also after the first two weeks of November, each of which bought more than 52.7 billion yuan and 44.1 billion million yuan. Over the past three weeks, Taiwan’s shares have risen. In November, the cumulative amount of overbought reached more than 146.8 billion yuan. However, in the last two days, foreign investors have seen some holdings.
Led by ADR on the 17th of last week, TSMC took the stock price spot to break the 500 yuan barrier, reaching a new soaring price of 506 yuan. He also pushed the weighted index of Taiwanese shares to a maximum of 13,785.92 points to rewrite a record high; TSMC’s share price fell after peaking. The increase for the whole week reached 5.63%, which exceeded the market’s one-week increase of 3.34%. The market is closely watching if TSMC continues to fight for soaring new prices this week, which will take a toll on Taiwanese equities.
The focus of today’s view is that Tesla will be included in the US S&P 500 index. Before the market opens on December 21, Taiwan’s electric vehicle supply chain, rain and dew, and the Musk’s space business, SpaceX, launched a spacecraft last week. Key Taiwanese factories entering Starlink’s supply chain are also gaining momentum.
US sanctions on the effect of SMIC fermented. In response to the transfer of orders from many SMIC customers, the capacity of the old 28nm casting process was instantly filled. According to the industry, to meet customer needs, TSMC, Samsung, UMC and other indicator factories have begun to expand Production, and coincidentally targeting the mainland domestic market, began to roll out a new 28nm process production capacity in the continental plant. Regarding the related rumors, TSMC’s voice system indicated that the Nanjing plant has gone as planned, increasing its 12-inch monthly production capacity from 15,000 to 20,000. UMC said it plans to expand the 28/22 nm capacity of Fab 12A at the 12-inch factory in Tainan. Xiamen Lianxin’s 28nm capacity, located in mainland China, is in short supply and is expected to complete expansion by the middle of next year.
MediaTek’s 5G chip shipments are accelerating. According to industry reports, as major customers such as OPPO, vivo, LG, Xiaomi, realme and ZTE have expanded their stocks, MediaTek’s 5G chip shipments next year are expected to reach 120 million units, an increase. almost 1.7 times compared to 45 million units this year. Even looking at 150 million sets, to meet the multiplier growth period, the market share challenge is at the 30% mark.
Looking ahead, Zhou Junhong, manager of China Trust’s Taiwan Vitality Fund, said that overall, Taiwan stocks have formed perfect long positions in the three bullish conditions of declining political uncertainty, continued hot money, and fundamentals. solid economics. However, the short-term market will follow High-end shocks, it is recommended not to pursue too much in the design, and the pullback can be considered a buying point.
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