The market capitalization and operating profit of South Korea’s top 100 companies have been surpassed by those of their counterparts in Taiwan. This reversal comes as TSMC outpaced Samsung Electronics in operating profit in 2022, leading to a widening gap between the two representative companies.Acc
Thanks to the rise in TSMC’s stock price, the market capitalization gap between the Taiwanese and South Korean stock markets has widened to its largest extent in at least 21 years since 2003.According to Bloomberg, the market capitalization of the Taiwan Stock Exchange Capitalization Weighted Stock
Taiwan’s stock market has reached an all-time high, propelled by the surge in Taiwanese technology stocks, including TSMC, amid the global semiconductor boom. The narrowing gap in market capitalization with the domestic stock market has narrowed to approximately US$4 billion.According to the Taiwan
The government has decided to announce measures in February to address the risk of foreign investors’ failure to settle foreign exchange payments as part of the structural improvements in South Korea’s foreign exchange market, which are set to begin in earnest in July.The plan is to manage the risks
As the maturity date for equity-linked securities (ELS) linked to Hong Kong’s Hang Seng China Enterprises Index (HSCEI) worth 10 trillion won (US$7.6 billion) approaches in the first half of the year, it has been revealed that a confirmed loss of 100 billion won has been incurred since the beginning
Mirae Asset Global Investments announced on Jan. 11 that its Canadian ETF subsidiary, Horizons ETFs, has surpassed 30 billion Canadian dollars in assets under management. Acquired by Mirae Asset Global Investments in November 2011, Horizons ETFs has grown its assets about ninefold from the initial C
Starting from the second half of this year, South Korean companies will have the option to settle export and import payments in Korean won when engaging in trade transactions with certain countries from the Association of Southeast Asian Nations (ASEAN). This move is expected to allow businesses to
As the Hang Seng China Enterprises Index (HSCEI) in Hong Kong experiences a sharp decline, a substantial loss in equity-linked securities (ELS) linked to this index is anticipated, with outstanding sales of related products reaching a staggering 20 trillion won. Concerns are mounting over potential
In India, where global corporations and investors are focusing their attention as the “next China,” Mirae Asset Global Investments is gaining influence in the local market by surpassing 1 trillion won in assets under management (AUM) with its exchange-traded funds (ETFs).According to the asset manag
Due to the increase in corporate export proceeds deposits, resident foreign currency deposits rebounded by approximately US$4.6 billion last month compared to a month earlier. Yen deposits reached a record high due to individual investment demand amid the yen depreciation trend as well as corporate
Mirae Asset Global Investments, through its ETF subsidiary Global X Hong Kong, announced on Oct. 30 that it will commence trading of the “Global X Hang Seng TECH ETF” on the Shanghai and Shenzhen stock exchanges starting Nov. 6.The Global X Hang Seng TECH ETF is an ETF that tracks the Hang Seng Tech
