
AI-generated summary
U.S. stocks fell for a fourth consecutive day on Thursday as rising producer price data for August and soaring oil prices heightened market concerns about the Federal Reserve raising interest rates next week, while Treasury yields also continued to rise.
[Financial Channel/Comprehensive Report] U.S. stocks closed lower on Thursday (10th), marking the fourth consecutive day of losses. Previously released August producer price data and soaring oil prices heightened market concerns about the Federal Reserve (Fed) raising interest rates next week. Rising Treasury bond yields also put the stock market under pressure. Taiwan stocks opened lower on Friday (11th), opening at 46,651.21 points, a drop of 289.28 points. The decline continued to expand. In early trading, it fell 998.05 points to 45,942.44 points, falling below the 46,000 mark.
As for major value stocks, TSMC opened at 2,430 yuan, a drop of 20 yuan, and dropped 45 yuan to 2,405 yuan. MediaTek opened at 4,635 yuan, which dropped 85 yuan, and dropped 185 yuan to 4,535 yuan. Hon Hai opened at 247.5 yuan, a drop of 3.5 yuan, with the intraday low reaching 247 yuan.
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Taiwan stocks may continue to fluctuate and fall in the short term unless good news comes out
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Shares of Samsung Electronics and SK Hynix, South Korea's two major chip manufacturers, plunged more than 4% in early trading on Friday, dragged down by the decline in U.S. stocks due to rising oil prices and worries about the Federal Reserve raising interest rates. At the same time, Chinese AI startup DeepSeek released a new model V4.1 Flash claiming to reduce HBM demand, further compressing the trend of memory stocks.

Due to large-scale shipments of AWS's new 3-nanometer AI accelerator, Shixin-KY's consolidated revenue in August was 8.776 billion yuan, a monthly increase of 18.07% and an annual increase of 273.6%, a two-month high. However, today's stock price once reached the lower limit of 3,650 yuan during the session. As Qualcomm entered the AWS supply chain and feared that it would eat away at orders, investors' selling orders emerged. As of 10:55, it fell 9.86%, temporarily trading at 3,655 yuan, with a trading volume of more than 3,752, exceeding yesterday's full-day trading volume. Analysts from American foreign investors pointed out that Qualcomm focuses on inference, which is different from Trainium4, which focuses on both training and inference, and its impact is limited.
Since September, egg prices across the country have continued to rise. The wholesale price of eggs in Sichuan has reached the highest point this year, and the retail price has exceeded the 6 yuan/jin mark. The combination of tight supply and peak demand has caused prices to hit a new high this year, but experts expect prices to fall after demand falls in October.

British active hedge fund Palliser Capital has increased its stake in Taiwanese printed circuit board manufacturer Nanzi Electric from 4.3% to more than 5%, becoming a major shareholder in accordance with the regulations of the Taiwan Stock Exchange. Fund founder Smith said that Taiwan's AI and Huida supply chains provide attractive investment opportunities. Nanzi Electric is favored because it is severely undervalued and has no major family or government shareholder control. He has asked the company to consider measures to increase shareholder value, including possible privatization.

Yuen Kee Food Group, owner of the Yuen Kee Dumpling restaurant brand, has cleared its listing hearing with the Hong Kong Exchanges and Clearing (HKEX), advancing its IPO plan to the final stage. The company aims to raise between HK$300 million and HK$400 million (US$38.3 million), with the offering expected to launch in October, subject to valuation and investor demand. As of late May, Yuen Kee operated 4,773 outlets globally across more than 250 mainland Chinese cities, primarily through franchised stores.

China Sarawak (1560) benefited from the continued strong demand for advanced manufacturing processes, which led to rising demand for diamond discs. Recycled wafers were transferred to high-end product portfolios, and gross profit margins jumped significantly. The stock price jumped short and opened higher today (11th). It rose 8.3% in early trading and soared to a record high price of 794 yuan. As of 10:20 am, it was still up 6.82% and was temporarily trading at 783 yuan. Foreign investment has been overbuying for four consecutive days. In the second quarter, 2nm-related revenue increased by 84% quarter-to-quarter, with gross profit margin reaching 40%. Legal persons are optimistic that gross profit margin will further increase in the third quarter.