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Taiwan Stock ETFs Continue to Thrive Despite Market Fluctuations

Taiwan stocksweighted indexFacing the Wanliu Defense War, however, the popularity of Taiwan stock ETFs continues to be strong. Observing the latest changes in the scale of 53 Taiwan stock ETFs, Qunyi Taiwan Select High Interest ETF (00919-TW), the scale exceeded the 50 billion mark in one fell swoop and reached 50.832 billion yuan, becoming the sixth Taiwan stock ETF in history with more than 50 billion yuan.

Qunyi Investment Trust explained that the scale of 00919 was only 1.97 billion yuan at the end of last year. It has grown significantly by 2497.65% this year. It is the highest growth rate of all Taiwan stock ETFs. It shows that even if the market falls, Taiwan stock ETFs that continue to allocate stable and high interest rates are still deep. Popular with investors.

Overall, Taiwan stock ETFs are very popular, with the total scale reaching 1.26 trillion yuan, an increase of about 390 billion yuan this year, of which the scale of 15 high-dividend ETFs has increased by 330.4 billion yuan.

In addition, in terms of beneficiaries, the total number of beneficiaries has hit a new high for 13 consecutive weeks, and is about to challenge the 6 million mark. This year, a total of more than 1.62 million people have been added, of which 15 high-interest-rate types have increased by 1.4 million people. It is obvious that Taiwan high-interest ETFs It is even more popular among Taiwanese investors.

Xie Mingzhi, fund manager of Qunyi Taiwan Select High Interest ETF, said that due to the surge in U.S. bond yields and the pressure on manufacturing costs caused by the continued rise in oil prices, Taiwan stocks have fluctuated and consolidated. However, the global manufacturing boom is expected to decline in the second half of the year. Entering into an upward cycle of bottoming and recovery, Taiwan stocks will rebound after consolidation. In particular, the growth momentum of semiconductors, AI servers, etc. is gradually increasing. Coupled with the election situation in January next year, we are still optimistic about the fourth quarter of Taiwan stocks.

2023-10-31 10:46:46
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