Home » Economy » The financial industry has gone through a prosperous profit in 2021, and the interest rate hike will first save these 4 files | Anue Juheng-Taiwan Stock News

The financial industry has gone through a prosperous profit in 2021, and the interest rate hike will first save these 4 files | Anue Juheng-Taiwan Stock News

After a prosperous year of performance in 2021, the financial industry has also greatly attracted depositors. In the top ten regular fixed stock stocks in November, financial stocks accounted for the top six. As we enter the year of 2022 interest rate hikes, it is recommended that the depositors can target the Mega Gold (2886-TW) And other 4 bank stocks.

According to statistics, among the top ten regular fixed stock stocks in November, financial stocks included 6 grades, including: Zhaofeng Gold, Yushan Gold (2884-TW), Hekujin (5880-TW), the first gold (2892-TW), CITIC Gold (2891-TW) And Yuanta Gold (2885-TW)。

Zhan Peiling, the manager of Mega Taiwan Jin Chuan Selected Dividend Fund, said that there were previous withdrawals of funds due to factors such as US interest rate hikes. If there is no major international event, it is expected that foreign capital will be repatriated after the new year. It is expected that Taiwan stocks will be repatriated in the first quarter of 2022. There is still a high point.

Zhan Peiling is optimistic about financial stocks. She said that as the global economy returns to a normal growth track, interest rates are gradually moving towards normalization. The market predicts that the Fed will have the opportunity to raise interest rates three times in 2022. Under the trend of rising interest rates, the banking industry can Increasing deposit-loan spreads and obtaining better returns on overseas bond investments have become one of the main beneficiaries of interest rate hikes.

Investment consultants also stated that the U.S. will start a cycle of interest rate hikes in the first half of 2022, which will increase the spreads and benefit bank revenue growth. It is expected that banks with large foreign currency spreads and higher foreign currency assets will benefit first. , In terms of the proportion of CDB’s current foreign currency lending, Shanghai Commercial Bank (5876-TW) Accounted for 43%, followed by Mega Bank with 22% and CITIC Bank with 19%. In recent years, One Bank has also achieved a good niche in the ASEAN market, and it is also the main beneficiary of the enlarged foreign currency spreads.

As for life insurance stocks, due to the active disposal of stocks and debts in 2021, the base period will be higher. Life Insurance Financial Holdings may not be able to maintain high growth in 2022 profits. In this regard, Zhan Peiling pointed out that many analysts dare not overestimate the performance of life insurance stocks. , The main reason is that the life insurance industry will make a lot of capital gains in 2021. The performance is too bright, so many analysts conservatively estimate the performance of the next year.

However, Zhan Peiling believes that the life insurance industry still has unrealized investment benefits, depending on whether they are realized or not. If the stock market is still there, it is expected that the life insurance industry will still have investment income; in addition, large life insurance stocks are expected to pay dividends in the past. It is estimated that there are still more than 5 or 6%, which will also be one of the advantages of attracting depositors.

Investment consultants also pointed out that after the U.S. interest rate hikes, the U.S. 10-year Treasury bond yield will rise. As long as the overseas asset allocation accounts for more than 60% of the life insurance industry, the investment rate of new money and reinvestment is expected to rise. It helps to drive recurring yields, so there is no need to be too pessimistic about the life insurance industry.


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