Category: Flash News

On March 8th, TSMC launched a campus recruitment campaign, aiming to recruit approximately 8000 new employees in Taiwan by 2025, including engineers and technicians. The average annual salary for new engineers with a master’s degree is NT $2.2 million. The work locations include Taoyuan, Hsinchu, Miaoli, Taichung, Chiayi, Tainan, Kaohsiung, and other places.

On March 8th, the South Korean Ministry of Justice received the “Command Letter for the Release of Yoon Seok yeol” and entered the Yoon Seok yeol release process. Yoon Seok yeol will be released from the Seoul detention center later and return to the presidential palace. Some members of the ruling party in South Korea have gone to the Seoul detention center to welcome Yoon Seok yeol out of prison.

On March 8th, the Financial Industry Regulatory Authority (FINRA) of the United States issued a press release on March 7th, stating that it has ordered Robinhood Financial to pay $3.75 million to customers and imposed a fine of $26 million on Robinhood Financial and Robinhood Securities for violating multiple FINRA rules, including failing to respond to warning signs of potential misconduct. In the settlement agreement, the two companies accepted the FINRA investigation results but neither admitted nor denied the allegations, and agreed to commit to rectifying the relevant issues.

On March 8th, Bain&Company, a US consulting firm, released a report titled “2025 Energy and Natural Resources Industry Executive Survey” on March 7th. The report shows that although global clean energy investment reached a historic high last year, the optimism of senior executives responsible for achieving the transition towards net zero emissions in the world has decreased. According to a survey, 44% of surveyed executives in the energy and natural resources industry expect the world to achieve net zero emissions by 2070 or later, a significant increase from the previous year’s 31%. Only 32% of respondents expect to achieve net zero emissions by 2050, which is lower than the previous 40% -50%. On average, executives in the oil and gas industry expect oil production to peak around 2038.

On March 8th, the Natural Resources and Urban Rural Development Bureau of Wuhan City, Hubei Province, listed 16 plots of land with a total area of 350760 square meters and a starting price of 3.39589 billion yuan. They will be auctioned on March 28th. Among them, 9 cases involve residential land with a land area of 214598 square meters and a building area of 4767848 square meters, with a starting total price of 2.45941 billion yuan. Nine homesteads are located in Qingshan District (2), Wuhan Economic and Technological Development Zone (5), Xinzhou District (1), and Jianghan District (1).

On March 8th, the website of German Economic Weekly published an article by economist Desmond Rahman titled “Trump may trigger a new European debt crisis”. The article believes that various signs indicate that the new US government is making Europe, especially Germany, its next target in the trade war. European decision-makers should be prepared for a trade war. The United States recently threatened to impose a 25% tariff on products imported from the European Union to the United States. However, the US government may need to consider the economic difficulties on the European continent: the German economy is currently in a slump, while Italy and France are struggling to address their more severe public debt problems. Perhaps by then, the US government will realize that tariff policies – as part of the ‘America First’ agenda – could trigger an economic recession in Europe and a debt crisis in the eurozone. (CCTV News)

On March 8th, CITIC Securities believes that China’s defense budget will maintain steady growth. European defense spending raises 800 billion euros, geopolitical uncertainty intensifies, and world military spending and trade may continue to grow. After the conflict between Russia-Ukraine conflict, the number of Russian arms exports, one of the five largest arms exporters in the world, declined significantly. At present, China’s military trade has established a product system with complete structure, complete system, advanced technology, excellent performance and reliable quality. While domestic demand remains strong, the international military trade market may become the second growth curve for China’s military industry. In terms of configuration, CITIC Securities suggests focusing on three investment themes. Firstly, in the traditional military industry direction, it is recommended to focus on the aviation and shipbuilding industries, as well as the aerospace industry, which have expected order repair and performance support; The second is the direction of new domains and new qualities. In terms of new warfare, it is recommended to focus on industries with the three characteristics of low cost, intelligence, and systematization, including low-cost precision guided ammunition, unmanned systems, and new generation intelligent combat bases; In terms of new quality productivity, it is recommended to focus on industries with broad application market space, rapid growth period, and low localization rate, mainly commercial aerospace, low altitude economy, and large aircraft; In terms of new technologies, it is recommended to focus on MEMS devices, additive manufacturing, and ceramic based composite materials. The third is to reform the direction of going global, and it is recommended to pay attention to relevant companies with expected asset integration and competitive military trade markets.

On March 8th, Guosheng Securities believes that the US stock market has shown high volatility from early December to mid February, and has continued to decline since late February. So far, the S&P 500, Nasdaq, and Dow Jones indexes have fallen by 6.1%, 9.3%, and 4.1% respectively. We believe that there are four main reasons for the recent decline in the US stock market: (1) some investors still have concerns about the US economic recession; (2) DeepSeek has triggered a reassessment of the relative valuations of Chinese and American technology stocks in the market. The recent adjustment of US stocks and the rise of Hong Kong stocks are basically synchronized, which is the logic behind it; (3) Trump’s unexpected tariff escalation suppresses market risk appetite; (4) Seasonal pattern, the US stock market often performs poorly in February over the years, but tends to improve in March and April. Looking ahead, sentiment indicators show that the US stock market is currently in an extremely fearful range, and pessimistic sentiment may have been fully released, with the possibility of temporarily stopping the decline and stabilizing; Whether it can return to an upward trend in the future depends on whether tariffs will further escalate and whether recession expectations can be falsified, with a focus on the performance of the first quarter report.

On March 8th, Zhejiang Securities believes that although the main indexes have rebounded strongly this week, and even a few indexes have hit new highs, the significant decline in trading volume has left certain hidden dangers; However, if some indices show signs of divergence from the MACD peak, it indicates a significant increase in technical pressure. Looking ahead to the future, we believe that the process of “stepping back and solidifying” may be delayed, but it will arrive later. The market is likely to absorb the endogenous adjustment pressure brought by the continuous rise in the early stage through range oscillation. We expect that after a round of volatile consolidation, the market is expected to regain its upward momentum in late March and enter the third stage of the spring offensive, a ‘comprehensive rebound’. In terms of allocation, based on the judgment that the spring offensive has officially entered the second stage of “stepping back and solidifying”, we suggest that investors adjust their position structure and wait for the consolidation to be completed before increasing their allocation. In terms of industry sectors, we suggest making certain adjustments to the technology sector with excessive previous gains, searching for targets within the sector for “high cut low”, or switching some positions to the large financial and dividend sectors with relatively small previous gains, and appropriately smoothing the net asset value curve.

On March 8th, the US Department of Justice announced that a State Department employee has been arrested on suspicion of participating in a conspiracy to collect, transmit, or lose defense information. The US Department of Justice stated in a statement that the State Department employee working in Washington has the highest level of classified security clearance and can access classified level information within their department workspace.