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China Tech Buzz

Global News Impacting Chinese Tech

Chief Investment Officer: The resurgence of electronics, pay attention to Metaverse, IC design and diodes | Anue Juheng-Taiwan Stock News

News Snapshot:

Wanbao Investment Gu Wang Rongxu said that the four major U.S. stock indexes have risen above all moving averages, Omicorn’s concerns are fading, and the Christmas market for U.S. stocks is expected to continue into January next year. Taiwan stocks, which are highly linked to US stocks, are also trending very strongly. In particular, electronics account for a high proportion of the broader market, and electronics are strong. The counter-buying index has taken the lead in setting a swing high. Small and medium-sized electronics have risen first in the market. IC designs have small equity, concentrated chips, and lively stocks….

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