Brief: First Financial's Fund Unit Sees Taiwan Stocks Surpassing Record 50,000 Points By Year End
BRIEF-First Financial's Fund Unit Sees Taiwan Stocks Surpassing Record 50,000 Points By Year End TAIPEI, Aug 27 (Reuters) - First Securities Investment Trust, the fund arm of state-run Financial Holding Co Ltd 2892.TW, said on Thursday. The unit manages T$240 billion ($7.55 billion) of client assets.
SEES TAIWAN STOCKS .TWII SURPASSING RECORD 50,000 POINTS BY YEAR END ON STRONG CORPORATE EARNINGS GROWTH AMID POSITION IN NVIDIA'S SUPPLY CHAIN
SEES NO RATE HIKES FROM THE FED THROUGH 2026 AS US INFLATION COULD LEVEL OFF
SEES CAPEX FROM THE FOUR MAIN CSP PLAYERS, INCLUDING AMAZON, GOOGLE, HITTING $2.3 TRILLION IN 2030 VERSUS ESTIMATED $700 BILLION IN 2026
EXPECTS TO RAISE T$5 BILLION - T$6 BILLION FROM A NEW FUND SET TO LAUNCH NEXT MONTH TARGETING GLOBAL ASSETS
Source text: [ID:]
Further company coverage: 2892.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
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