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Shares of chip machinery makers rise on foundry boom

Shares of chip machinery makers rise on foundry boom
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Sino Horizon to invest in Taiwan development sites

Sino Horizon to invest in Taiwan development sites By Crystal Hsu / Staff reporter Sino Horizon Holdings Ltd (鼎固開發) on Tuesday said that it has put together a team to scout suitable properties for development in Taiwan. Sino Horizon is mainly engaged in developing and managing commercial and residential properties in Shanghai, Chongqing and other first-tier cities in China. The company, set up by the family of ASE Technology Holding Co (日月光投控) chairman Jason Chang (張虔生), said it is considering investing NT$10 billion to NT$20 billion (US$353.3 million to US$706.7 million) in Taiwan over the next two years. New residential buildings in Taipei’s Dazhi area are pictured yesterday. Sino Horizon Holdings Ltd on Tuesday said that it has put together a team to scout suitable properties for development in Taiwan.

Taiwan shares end lower after wild swing

Taiwan shares end lower after wild swing 03/08/2021 05:37 PM CNA file photo Taipei, March 8 (CNA) Shares in Taiwan closed lower Monday after a wild session, with the main board giving up more than 200 points in gains amid concerns over a possible uptrend in U.S. treasury yields, dealers said. Selling focused on the tech sector, in particular large cap semiconductor stocks, the recent strong showing of which led investors to lock in profits, while old economy and financial stocks remained largely resilient, lending support to the broader market, they said. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended down 35.12 points, or 0.22 percent, at 15,820.11, after moving between 15,816.50, and 16,074.97. Turnover stood at NT$281.31 billion (US$10.03 billion), compared with NT$309.55 billion a session earlier.

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