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Taiwan shares soar to end above 15,700 points

Taiwan shares soar to end above 15,700 points 02/02/2021 05:13 PM CNA photo Feb. 2, 2021 Taipei, Feb. 2 (CNA) Shares in Taiwan extended their momentum from a session earlier on Tuesday, moving sharply higher by more than 300 points to close above the 15,700-point level, dealers said. Market attention focused on the bellwether electronics sector, as investors were encouraged by a strong showing in the tech-heavy Nasdaq index overnight and rushed to pick up integrated circuit stocks, in particular contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the dealers said. The weighted index on the Taiwan Stock Exchange (TWSE), or Taiex, ended up 349.96 points, or 2.27 percent, at 15,760.05, after moving between 15,546.69 and 15,838.15, on turnover of NT$306.73 billion (US$10.96 billion).

First domestic private player HATECO Group joins deep-seaport market

First domestic private player HATECO Group joins deep-seaport market 09:52 | 01/02/2021 The Lach Huyen International Gateway Port area Late January 2021, after two weeks of appraising the investment plan of container terminals 5 and 6 at Lach Huyen International Gateway Port area, the Ministry of Planning and Investment (MPI) reported its findings to the prime minister. Accordingly, the project in the northern port city of Haiphong that was proposed by HATECO Group meets the requirements to be approved in line with the prevailing rules. “The MPI proposes that the prime minister considers and approves the investment plan of the project in line with the Law on Investment,” stated the report.

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