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Taiwan stocks are lower and textile is red against the trend

2013-09-24

Taiwan stocks opened lower today, textile stocks that have fallen in recent days rebounded today, nylon and processed silk and other ethnic groups rose neatly, Taroko (1432), Zhongfu (1435) up limit, Lipeng (1447) promising, up more than half a limit.
Taiwan stocks have recently sorted out, textile stocks performance is silent, Taiwan stocks 24 days from 8300 points difference a little, today at high pressure back, textile stocks in the morning rebound the highest 0.74%, Zhongfu up to NT$ 6.52 , the trading volume is less than 1,000 pieces.
Taroko actively transforms commercial real estate, preparing to build a comprehensive shopping center, amusement, catering, racing and other facilities in Kaohsiung “Da Luge Caoya Road” shopping center, which is expected to start construction in the first quarter of next year and open operation in the fourth quarter of 2015.
Lipeng, the largest nylon factory in Taiwan, not only restarted the first yangmei dyeing plant to engage in knitted fabric dyeing and finishing, but also the new nylon production line of the Changhua General Plant will start construction in the fourth quarter of this year, with an annual output of 180,000 metric tons, which will be the world’s largest production capacity.
Lipeng’s share price peaked as high as NT$ 14.05 in early trading, the highest in two years, up more than 4% intraday, with a volume of about 12,000 tickets.
Ruhong (1476), a high-priced ready-to-wear stock that foreign capital is optimistic about, only wandered around at a flat price of 259 yuan today, with a volume of 300 pieces; Juyang (1477) rose 2.5%, with a stock price of 154 yuan and a volume of about 1,000 copies.
News link: http://n.yam.com/cnabc/fn/20130925/20130925774505.html