주요 인사이트 & 웨비나
The virous outbreak becomes one of the largest threats to the global economy and financial markets in decades. Will China, the one which has been suffered from the pandemic first, be able to bounce back first and lead the recovery worldwide like the Global Financial Crisis back in 2008? The latest call in new infrastructure investment maybe the key.
Mar 20, 2020
COVID-19 spread accelerating in the US, even as the number of new infections in China eases Impact will be significant on the largely consumer-driven US economy Markets are either in or on the brink of bear territory, and this is an angry bear Recession likely already in progress in Japan; possible recession in Europe; near zero GDP growth likely in the US by 2Q20 Corporate credit protection costs have started rising – more trouble ahead Seek safety in cash and US Treasury-related instruments
Mar 10, 2020
The coronavirus situation in China seems to have improved a lot, and now many are worried about what will happen as the factories get back on their feet. How's the progress so far?
Mar 10, 2020
Relief rally unlikely to last Beyond COVID-19, economies could flatline or enter recession Corporate earnings could stop growing at a time of heightened valuations There is a tail risk of credit defaults on liquidity and cashflow squeeze
Mar 03, 2020
As we expected, markets did bounce on policy stimulus hopes. While rate cuts and liquidity injections will make markets feel better for a while at least, what is it likely to do for the economy?
Mar 03, 2020
As Asia deal with the challenges from the outbreak of coronavirus, one remarkable phenomenon is the massive behavioural change from offline to online across the billions population. In this webinar, we will share with you the key structural megatrends in Asia, how technology-enabled development is creating a more empowering, inclusive society, and how such blitzscaling opportunities can be captured in the form of our Asia Innovative Technology strategy.
Mar 03, 2020
We often hear from clients that they love certain Asia strategies, but have to resort to ETFs traded in the US or Europe due to ETF liquidity considerations. But what they really mean, is not the ETF liquidity itself, but rather the cost of liquidity that investors are worried about. Liquidity is a proxy for cost – the less liquid something is the more it’ll cost to get in and out, particularly during crises or market dislocations where whatever liquidity exists can go to 0. While a lot of investors trade Asian risk in the US and Europe, thinking that it is cheaper and more efficient where the ETF liquidity is, that is actually not the full picture. In this webinar, we would like to share with you a series of comparisons for a niche market, Vietnam, across ETFs listed in NY, London and HK.
Mar 02, 2020
The sharp pullback in developed markets could see 10% knocked off the S&P 500 The correction was due to a more complex mix of factors than just COVID-19 A rebound could emerge on monetary stimulus hopes But deeper problems of overvaluation and negligible earnings growth will remain to trouble markets later in the year
Feb 25, 2020
Recent market rallies, despite COVID-19, are neither “ill informed” nor “complacent” Markets are looking past the viral outbreak Stocks will likely return to being driven by whatever the trends were before the outbreak Developed markets are at the tail end of bull moves – they could edge a bit higher but the risks are on the downside, and that's got nothing to do with COVID-19 either Chinese equities could ironically outperform developed market stocks this year
Feb 24, 2020
On account of an atypical, tech-enabled start of the Year of the Rat, what are people doing during this very unusual Chinese New Year holiday period? While the roads are empty and quiet, we see extremely busy traffic online from social gathering and entertainment to post-holiday work arrangements all thanks to technology - which enabled an unconventional time of family reunion, and possibly fast-tracked development of enterprise digital transformation in the way.
Feb 03, 2020
토픽별
주간 차트
David Lai , CFA
CFA
Taiwan’s economy continues to demonstrate exceptional strength, supported by its increasingly indispensable role in the global AI supply chain. First-quarter GDP expanded 13.69% year-on-year, marking the fastest pace of growth since 1987. The upside surprise was driven primarily by robust external demand, as exports surged on the back of accelerating global investment in AI infrastructure, semiconductors, and high-performance computing. Electronic components and ICT products accounted for nearly 80% of total outbound shipments, reinforcing Taiwan’s position at the center of next-generation technology manufacturing. The strength of the export cycle is also translating into broader domestic economic momentum. Technology companies continue to expand capacity and increase R&D spending to capture long-term AI opportunities, supporting manufacturing activity and capital formation. Meanwhile, buoyant equity market turnover and increased participation in investment products have provided an additional tailwind for Taiwan’s financial sector. With global AI capital expenditure expected to maintain a strong multi-year growth trajectory through the end of the decade, Taiwan remains structurally well-positioned to benefit from rising demand across the semiconductor and advanced electronics ecosystem. Against this backdrop, Taiwan equities should continue to enjoy strong medium-term earnings support and investor interest. For investors seeking efficient exposure to Taiwan’s leading technology champions, including TSMC, MediaTek, Delta Electronics, and ASE Technology, the Premia FTSE TWSE Taiwan 50 ETF offers a focused and liquid vehicle to access Taiwan’s AI-driven growth story.
May 11, 2026
