Taiwan stocks fluctuated and fell below the half-year line. The long-term momentum of the AI ​​supply chain is still strong, supporting the Q4 market.

Taiwan stocks fluctuated and fell below the half-year line. Investment Bank said that the long-term momentum of the AI ​​supply chain is still strong, supporting the Q4 market.

Due to the impact of the sharp decline in US stocks, Taiwan stocks opened lower today. They once fell more than 800 points during the session, falling below 45,000 points and the half-year line. However, the decline converged in late trading, and ended up falling 291.69 points to close at 44,920.14 points, a decrease of 0.65%. In this regard, Investment Bank said that although Taiwan stocks have recently fluctuated at a high level, the market generally believes that this mainly reflects the wait-and-see mood before the release of financial reports and has not changed the long-term growth trend of the AI ​​industry. Driven by the continued expansion of AI demand, Taiwan's semiconductor and electronics supply chain is expected to continue to benefit, which will also add support to Taiwan stocks in the fourth quarter.

The global AI investment boom continues to boost the boom in the technology industry. According to statistics, Taiwan's export orders in September reached US$114.21 billion, an annual increase of 62.4%, exceeding US$100 billion for two consecutive months and setting a new record high, reflecting that demand for AI, high-performance computing (HPC) and advanced semiconductors remains strong.

Yongfeng Investment Trust said today that because the holdings of the 00901 Yongfeng Smart Car Supply Chain ETF are highly concentrated in core companies in the AI ​​supply chain, as of the latest data, the semiconductor industry accounts for nearly 60%. The top ten holdings include TSMC, MediaTek, Delta Electronics, ASE Investment Control, UMC and other index companies, covering key links such as AI chip design, advanced processes, packaging and testing, power management and server infrastructure. As AI infrastructure continues to expand and corporate capital expenditures remain high, 00901 has not only grasped the smart car business opportunities, but also directly benefited from the growth momentum of the AI ​​supply chain, and is expected to become an important investment tool for investors to map out Taiwan's AI industry trends.

On the other hand, Sino-Fung Investment Trust said that you can pay attention to "00930 Sino-Fung ESG Low Carbon High Interest Rate" and use the three stock selection mechanisms of "high dividends, industrial growth, and low carbon sustainability" to lay out high-quality enterprises with both profitability and corporate competitiveness. Its main holdings include important members of the AI ​​supply chain such as Hon Hai, MediaTek, Delta, Getac, and Lianyang, which have benefited from the growth in demand for AI servers, semiconductors, and power management. It also includes leaders in traditional production and domestic demand such as Juyang, Guozhan, Dali, and China. Through cross-industry layout, it improves the diversification effect of the investment portfolio. While grasping the growth trend of AI, it also takes into account investment opportunities at different stages of the market.

On November 2, Sino-Fung Investment Trust issued a pre-announcement on the income distribution of three stock and bond ETFs, namely "00901" Sino-Fung Smart Car Supply Chain ETF, "00930" Sino-Fung ESG Low Carbon High Interest Rate, and "00958B" Sino-Fung ESG Bank Bond 15+ ETF. November 23 is the last day to buy, and they will go ex-dividend on November 24, and all will issue dividends on December 18.