PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology (3711 TT) Q4 (TWD) net 14.7bln (prev. 9.3bln Y/Y), rev. 177.9bln (prev. 162.3bln Y/Y)
ASE Technology's strong Q4 performance, highlighted by significant growth in both net income and revenue year-on-year, suggests robust demand and operational efficiency, particularly with their advanced packaging segment poised for substantial growth.
Philippine Unemployment Rate (Dec) 4.4% (Prev. 4.4%)
PBoC is expected to set USD/CNY mid-point at 6.9517 (prev. 6.9570)
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology (3711 TT) Q4 (TWD) net 14.7bln (prev. 9.3bln Y/Y), rev. 177.9bln (prev. 162.3bln Y/Y)
China's Ministry of Agriculture issues implementation plan to advance rural revitalisation and agricultural modernisation
[MARKET UPDATE] Further selling in risk assets with Emini S&P (-1.0%) and Emini Nasdaq 100 (-1.7%) at fresh session lows, while Silver (-9.0%) and Gold (-2.4%) continue to retreat as the market rout rolls over to Asia-Pac
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TAIWAN
ASE Technology (3711 TT) - Co. Q4 (TWD) net 14.7bln (prev. 9.3bln Y/Y), rev. 177.9bln (prev. 162.3bln Y/Y), Co. sees advanced packaging business doubling to USD 3.2bln this year. (Newswires)
Foxconn (2317 TT) - Co. January revenue rose 35.5% Y/Y to TWD 730bln (prev. +31.8%), Co. expects seasonal performance for the current quarter to be better than the past five-year range. (Newswires)
Data Recap
Taiwan CPI YY (Jan) 0.7% (Prev. 1.3%)
SINGAPORE
CapitaLand Integrated Commercial Trust (CICT SP) - Co. H2 (SGD) distributable income rose 16.4% Y/Y to 449mln, DPU rose 9.4% Y/Y to 5.45 cents. (Business Times)
This performance, alongside Foxconn's positive revenue trends, indicates a healthy outlook for Taiwan's tech sector, which could influence broader market sentiment in regional equities today.
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