Reported about 1 year ago
As of June 10, 2024, financial institutions in Taiwan had varying investment strategies in the first four months, with banks and securities firms consistently increasing their holdings in Taiwan stocks by a total of nearly NT$1.5 trillion, while life insurers reduced their holdings by nearly NT$1.95 trillion during the same period. Banks have been increasing their stock market investments since November last year, reaching a new high in holdings and unrealized gains. Securities firms have also been supporting Taiwan stocks with significant increases, while life insurers have been capitalizing on the bullish market to realize profits by selling stocks due to rising US dollar rates and other market conditions. Overall, Taiwan's stock market has seen positive growth, with banks and securities firms boosting their holdings while life insurers have been reducing theirs.
Source: YAHOO