Taiwan Dual-Listings: TSMC Normalizes; UMC, ChipMOS Compelling Discounts
TSMC has normalized; and reports are that it may launch a Singapore-based 12-inch semiconductor fab. Chunghwa swings back from extreme discount.
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Taiwan Dual-Listings: Taiwan Exchange Holiday Opens Up Potential Spread Opportunities
TSMC's ADR premium has fallen substantially from early February and late January levels. Berkshire's U-turn on the shares is likely one...
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Taiwan Dual-Listings: TSMC Premium Holding Despite Buffett Exit, UMC Discount Opens Up
TSMC - Premium holding up despite Berkshire investment sale news. We maintain a model on the company. UMC ADR discount represents a decent...
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Taiwan Dual-Listings: Post CNY Market Closure, Huge ADR Premiums
TSMC's ADR premium is in the double digits, representing a major breakout. ASE's premium is also in the double digits and will release results next...
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Taiwan Dual-Listings: TSMC Premium In Upper Range, UMC Briefing This Afternoon
UMC ADRs are near the middle of their premium/discount range, however the company will host its analyst results call this afternoon.
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