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Sunday, September 21, 2014
Alibaba surges 38% to US$93.89 in triumphant Wall St. debut
A buying frenzy sent Alibaba shares sharply higher Friday as the Chinese online giant made its historic Wall Street trading debut.
Alibaba has become by far the dominant e-commerce company in China, a country with the world's greatest number of Internet users, in only 15 years.
The Market Intelligence & Consulting Institute (MIC), an arm of the Institute for Information Industry (資策會) yesterday stated that components of Taiwan's technology sector including PC, network communication, semiconductor, and software are expected to see tremendous growth momentum over the course of this year.
 > Taiwan
MediaTek Inc., one of Taiwan's leading integrated circuit designers, has invested about US$80 million (NT$2.4 billion) to take a stake in China's largest e-commerce services provider Alibaba Group Holding Ltd. through the Chinese firm's initial public offering (IPO) on Wall Street this week.
 > Taiwan
Taiwan is expected to report a year-on-year increase in export orders for August on the back of peak season effects for the bellwether electronics sector, the Ministry of Economic Affairs (MOEA) said Saturday.
 > Taiwan
The production value of Taiwan's semiconductor sector for 2015 is expected to grow about 6 percent from this year largely due to solid demand for mobile devices, according to a recent research report.
 > Taiwan
Despite a recent pullback in the local market, investors appear more upbeat about the market outlook, according to the results of a survey released Friday by Cathay Financial Holding Co.
 > Taiwan
Japanese automaker Nissan is dismissing speculation that it intends to scale back electric car battery production at its U.S. plant in Tennessee.
Saturday, September 20, 2014
Taiwan banks' exposure to China hit a fresh high at the end of June on the back of increasing financial exchanges across the Taiwan Strait, according to the Central Bank of the Republic of China (中央銀行).
 > Taiwan
Alibaba makes long-awaited Wall Street debut
Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.
  
  
  
  
  
  
  
  
  
  
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