The Taiwan Monthly

Global Connection

The TWSE wrapped up its investment events this year with Taiwan listed companies have solid post-pandemic performance

With the devastating impact COVID-19 has had on the global economy, resulting in industrial supply chain disruptions. Taiwan initially felt the impact, but was able to quickly re-allocate resources, resulting in economic growth, and a stock market with outstanding historic achievements in terms of index price, trading value and market value. Taiwan’s annual GDP has grown beyond the original estimate of 5.88%. This exceptional economic data is reflected in the excellent performance of listed companies. In 2021Q3, listed companies (excluding the financial holding companies), as a whole reported NT$25,854.1billion in total operating revenue for the nine months ended September 30, 2021, which is a YOY increase of 19.92%, compared to 2020. The net profit before tax for the nine months ended September 30, 2021 is NT$3,170.5billion, which is a YOY increase of 92.82%, compared to 2020.

 

During the pandemic, the TWSE has established a comprehensive platform and mechanism for information and continuously maximized dialogues between investors and enterprises. In 2021, the TWSE cohosted seven investment events with security firms and IR companies. Delegates from over 180 Taiwan listed companies met online with more than 1,300 institutional investors generating nearly 3,700 one-on-one and small group meetings. The TWSE also arranged keynote speeches, panels, or forum to introduce ESG development, Taiwan innovation board, and capital market performance in these events. Except for investment events, the TWSE also cooperated with a custodian bank to hold online forums, to access a broader investor base.

 

Looking ahead to 2022, as the pandemic surges unabated, the TWSE will further drive global connectivity. With a foundation laid these past several years, the TWSE will roll out a series of investment events next year, which resonate with the strategy of “Attract domestic and foreign investment and improve international visibility” in the FSC’s Taiwan Capital Roadmap.

 

For further inquiries, please contact Mr. Tsai at 1193@twse.com.tw