2024-02-25 20:26 United Daily News reporter Zhu Hanlun/Taipei Instant Report The picture shows the engraving plate of US dollar banknotes.Reuters
U.S. bond yields surged in January, prompting billionaire financial managers to enter the market again. According to the latest statistics from the Financial Supervisory Commission, in January this year, U.S. dollar deposits of large households with assets worth RMB 100 million decreased compared with December, but bonds, overseas structured commodities, and funds all increased simultaneously. Bankers expect that the increase in these three commodities will be in line with the U.S. As government bond yields surged higher again in January, large investors with over 100 million yuan found opportunities to enter the market at dips and moved their savings to increase investment, hoping to take the opportunity to build more positions before the Federal Reserve cuts interest rates in the second half of the year.
According to the latest statistics released by the Financial Supervisory Commission, the overall asset structure of large high-asset households at the end of January was that deposits accounted for 49.9%, a decrease of 1.4 percentage points from December last year, insurance accounted for 12.5%, which was the same, and funds accounted for 11.9%, which was an increase from 12.5%. The monthly increase was 0.1 percentage points, the proportion of bonds increased by 0.5 percentage points to 12.1%, and the proportion of overseas structured commodities increased by 1 percentage point to 6.8%.
Bankers pointed out that in addition to the 0.5 percentage point increase in the proportion of bonds, the increase in funds and overseas structured products is mainly based on bond targets, and now most of the customers are mainly long-term public bonds, waiting for opportunities to realize Higher capital gains.
Banks’ high-asset business is also expected to be further opened up to allow financial foreign currency assets of large high-asset households to be pledged. The Financial Supervisory Commission clearly stated that it is considering whether to allow banks’ high-asset customers’ foreign currency assets to handle pledged loans for foreign currency financing. The evaluation results are expected to be released in the third quarter of this year. Bankers expect that if the Financial Supervisory Commission relaxes relevant policies, it will impose restrictions on large investors. Investing in foreign currency assets will bring more financing convenience.
According to statistics from the Financial Supervisory Commission as of the end of January, a total of 11 banks have been issued financial management 2.0 licenses. Except for one bank that has not yet opened, there are a total of 10 banks in operation. The total number of high-asset customers of these 10 banks is over 100 million yuan. There are 7,328 people in total, and the asset size of high-asset customers has reached approximately NT$884.2 billion, a growth rate of more than 3% compared to the end of December last year.
Regarding the substantial increase in asset size compared with the same period last year, Lin Zhiji, deputy director of the Banking Bureau of the Financial Supervisory Commission, analyzed that in addition to the continuous increase in the number of bankers in financial management 2.0, banks’ continuous development of new products and investment in talent training have brought bonus effects.
According to statistics from the Financial Supervisory Commission, at the end of January, the top three high-asset banks were still “old faces”. CITIC Bank ranked first with assets of 179.2 billion yuan and 1,756 customers; Mega Bank ranked first with 169.8 billion yuan and 1,384 customers respectively. ranked second; Hekuyin ranked third with 149.9 billion yuan and 1,264 people respectively.
In addition, the Securities and Futures Bureau also statistics show that as of the end of January this year, a total of 8 securities firms had obtained financial management 2.0 licenses, with total assets reaching 151.7 billion yuan, a 7.44% increase from December, and a total of 857 customers, an increase from December increased by 4.51%, and used three methods: re-entrustment, financial management and self-operation to handle high-asset financial services. In particular, the cumulative transaction amount of re-entrustment reached 142.2 billion yuan, accounting for 94%, financial management and self-operation transactions The amounts were 5 billion yuan and 4.5 billion yuan respectively, accounting for 3% each.
In terms of the statistics of the top three largest companies, Sino-Fung Financial Securities, Cathay Securities, and Mega Securities are the top three in terms of asset size, with 72.3 billion yuan, 48.7 billion yuan, and 20.7 billion yuan respectively. The number of customers is Sino-Fung Financial Securities, Cathay Securities, and Mega Securities. Mega Securities and Cathay Pacific Securities ranked the top three, with 353, 172 and 139 people respectively.
Financial Supervisory Commission Banking Industry
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2024-02-25 12:26:22
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