Hon Hai emerges as top stock pick of 2019 by Yahoo Finance users

Focus Taiwan
Date: 2019/12/30
By: Jeffrey Wu and Evelyn Kao

Taipei, Dec. 30 (CNA) Yahoo Finance app revealed Monday the 10 most-watched Taiwanese stocks of 2019 by its users, all of which are in the electronics sector, with iPhone assembler Hon Hai Precision Industry Co. and contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) ranked in the first and second places in the list.

Yahoo Finance picked this year's top 10 stocks based on view counts of Taiwanese stocks on its app between Jan. 1 and Dec. 15 this year.

Hon Hai founder Terry Gou (郭台銘) decided to hand over the running of his company to an operations committee earlier this year, shaking the market. Meanwhile, strong sales of the new iPhone 11 series and reports that companies in Apple's supply chain are gearing up for mass production of popular AirPods wireless earphones have also spurred a surge in Hon Hai shares, making it the most popular Taiwanese stock.    [FULL  STORY]