Financial Giants Optimistic about the Economy in the Second Half of the Year

Reported 8 months ago

Chairman Zhang Yunpeng of Huannan Financial Holdings stated that tech industries have already consumed most of their inventory, with electric cars and servers related to AI being the hottest industries now. Traditional industries like steel are showing signs of recovery. He expressed optimism for the economy in the second half of the year due to these factors. Various financial leaders in Taiwan, including those from First Financial Holdings and First Bank, also hold a cautiously optimistic view for the second half of the year, citing improved global economic conditions, AI innovations, and strong demand. Multiple challenges like uncertain US interest rate policies, a weak Mainland Chinese economy, and geopolitical risks were mentioned, emphasizing the need for financial institutions to adapt, digitize, and manage risks efficiently.

Source: YAHOO

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