Pay attention to the key news before the Taiwan stock market. The central bank announced that the M1B annual growth rate continued to fall to 5.18% in October, and the M2 annual growth rate rose to 7.32%. The “death cross” in February was mainly due to the record high foreign exchange deposits. ; This year’s capital market was turbulent, and the financial holding industry suffered a huge loss of 1.24 trillion yuan in domestic and overseas investments in the first three quarters, the worst record in history. The following are the must-see important financial news today (25).
In October, the annual growth rate of M1B and M2 continued to show a death cross, and foreign exchange deposits soared
Taiwan’s central bank announced the financial situation in October yesterday (24). The balance of securities transfer deposits, which is an indicator of retail investors, continued to decrease by 89.7 billion yuan from the previous month to 2.9766 billion yuan, showing a 2-year decline and hitting a 4-month low ; while the annual growth rate of M1B continued to drop to 5.18%, and the annual growth rate of M2 rose to 7.32%, showing a “death cross” in February.Read more…
In the first three quarters of the financial holding industry, the investment loss at home and abroad was 1.24 trillion yuan, the worst record in history
The Financial Supervisory Commission announced yesterday (24th) that as of the end of September, the total amount of domestic and foreign investment exposures of domestic financial holding companiesNew Taiwan dollar 35.8 trillion yuan, but due to the turmoil in the capital market this year (2022), the financial holdings listed an evaluation impairment of more than 1.24 trillion yuan, not only the largest loss in history, but also 80% of the losses caused by life insurance financial holdings investment bonds.Read more…
Hon Hai issued a statement apologizing for the “technical error” in recruiting manpower for the Zhengzhou plant
In Hon Hai (2317-TW) Foxconn’s Zhengzhou factory, following employee protests broke out, Hon Hai issued a statement on Thursday (24th), saying that the Zhengzhou factory made a “technical error” when recruiting new employees, and apologized to the employees for this.Read more…
In October, the stock market crashed and the financial industry reduced its shares by 100 billion yuan, and all brokerages turned losses in a single month
Domestic and foreign stock markets plummeted in October. The financial industry did not buy at low prices, but took advantage of the trend. The life insurance industry reduced its weight in domestic and foreign stock markets by more than 90 billion yuan. Taiwan stocks alone cut 50 billion yuan. Bank stock positions It also reduced holdings by 15.7 billion yuan. If property insurance and securities companies’ self-operated departments are added, the overall financial industry’s reduction in the stock market in October reached 109 billion yuan.Read more…
The monthly line of Taiwan stocks closed in black in October, which dragged down the profits of the three core businesses of securities companies to decline simultaneously. According to statistics, the profits of all securities companies in October turned from profit to loss, and the net loss following tax in a single month was 876 million yuan; 29.256 billion yuan, an annual decrease of more than 60%.Read more…
hot money back New Taiwan dollarStrongly up 1.91 cents to close at 31.027 yuan, climbed to a new high in more than 2 months
New Taiwan dollarThe exchange rate once morest the U.S. dollar showed a double-up trend yesterday (24th), and Taiwan stocks surged 175 points in heavy volume. With the return of hot money,New Taiwan dollarThe exchange rate once morest the U.S. dollar once rose by more than 2 cents, approaching the 31-yuan integer level. It closed at 31.027 yuan, an appreciation of 1.91 cents, ending 6 consecutive depreciations and hitting a new high in more than 2 months. The total transaction value of the foreign exchange market in Taipei and Yuantai has increased to $1,662.5 million.Read more…
Jinghua Pan Siliang: The problem of lack of work is serious at the end of thousands of tables
Hotel chain Regent (2707-TW) Chairman Pan Siliang pointed out yesterday (24th) that the unblocking of the border is a good start. Last month, Jinghua’s performance has surpassed the same period before the epidemic. Next year, Jinghua Group’s performance is expected to be better than before the epidemic. People come to work”, reiterating that the shortage of workers in the hotel industry is serious, and even canceled thousands of tables at the end of the year banquet.Read more…