The Taiwan Monthly

Dec. 2020

Global Connection

Undervalued stocks post double-digit revenue growth

Despite the challenges of 2020, Taiwan’s economy performed strongly. It expanded by 3.33% in the third quarter compared to a year ago, the best performance in nine quarters. The export orders hit a record high of US$50 billion in September, underlining Taiwan's growth momentum and continued government policies.


In 2021, the Taiwan Stock Exchange (the ”TWSE”) will roll out a series of investment forums, highlighting potentially undervalued blue-chips to balance the information asymmetry. These are theme-based investment opportunities, such as Apple suppliers and 5G device makers, both of which are Taiwan’s specialty sectors. Semiconductor companies produced revenue growth of 21.6% on year to October 2020.


Anti-epidemic products appear to be another promising investment, given that biotech and medical care companies’ revenue rose by 25.2% year-on-year in October 2020.


Sustainability investing is also closely observed and watched by the TWSE. With regulators expected to mandate more ESG disclosure for listed companies, the TWSE will keep investors apprised, through face-to-face and virtual meetings to safeguard health and safety.


All investors are welcome and updates can be found in upcoming newsletters.


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