Mon, Jun 01, 2015 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA


Warning over new rules

Fuh Hwa Securities Investment Trust Co (復華投信) fund manager Wang Po-chi (王博祺) yesterday said retail investors should be cautious about the potential volatility of shares, as stocks listed on the Taiwan Stock Exchange and small-cap-dominated Taipei Exchange will from today be allowed to move within a 10 percent range from the previous closing price. The government hopes the move would boost the image of Taiwan as an internationalized market, while improving local market liquidity and boost trading. Wang said investors should refrain from over-leveraging their trades to avoid being forced to sell stocks.


Transactions drop 12 percent

Transactions of residential and commercial property fell about 12 percent from May 1 to Tuesday last week compared with a month earlier on slow seasonal effects, according to statistics compiled by Sinyi Realty Inc (信義房屋), the nation’s only listed property broker. Transactions of homes, shops and offices in Taipei, New Taipei City and Taichung fell about 10 percent from a month earlier during the 26-day period, while transactions in Kaohsiung rose 2 percent month-on-month.


First-quarter growth minimal

The nation’s technical consumer goods market saw sales grow 0.6 percent year-on-year to NT$54 billion (US$1.75 billion) in the first quarter, market researcher GfK Group said in a report released on Wednesday last week. Sales increases in telecommunications, small domestic appliances and major domestic appliances in the first quarter were offset by the sales declines in information technology, photography and consumer electronics, the report said.

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