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Service Stock Kaiwei Soars Over 40% in Five Days, Outperforming Lingguang and Dazong

Service Stock Kaiwei Soars Over 40% in Five Days, Outperforming Lingguang and Dazong

The Taiwan Stock Exchange rose by 161.68 points today (28th), closing at 20,034.41 points. Service stock Kaiwei (5201) achieved a revenue of NT$33.64 million in March, a 99.89% annual increase, and has hit the daily limit with five consecutive rises, totaling a 40.22% increase, making it the top-performing stock.

Robot concept stock Lingguang (8249) also surged by 8.4%, ranking second. System integrator Dazong (3147) has seen its stock price double since the stock market crash on April 9, rising another 4.07% today, closing at NT$294, ranking third.

Kaiwei, focusing on the securities finance industry, has multiple new project contracts contributing to revenue growth. March revenue reached NT$33.64 million, a month-on-month increase of 54.31%. Dazong reported record highs in the first quarter, with March revenue of NT$1.384 billion, an annual growth of 329%.