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🇹🇼 Taiwan /Economy & Trade

Yong Feng Financial Holding Stock Price Surges to Record High

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

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  • Yong Feng Financial Holding's stock price surged 9.49% to a new high of NT$39.8 on June 18, following a record close the previous day.
  • The company reported a nearly 96% year-on-year increase in net profit for January-May 2026, reaching NT$20.29 billion, driven by organic growth and post-merger synergies.
  • Management indicated that while the company has surpassed E.SUN Financial Holding in stock price, further comparisons are ongoing, and the current price-to-book ratio reflects market recognition of their efforts.

Yong Feng Financial Holding's stock price soared to a historic high of NT$39.8 on June 18, marking a 9.49% increase from the previous day's close. This surge follows the company's announcement of robust financial performance for the first five months of 2026.

The financial conglomerate reported a net profit of NT$20.29 billion for January-May, nearly doubling its profit from the same period last year. This record-breaking performance is attributed to both organic growth and the successful integration of recent acquisitions, which are beginning to yield significant synergies.

The market will definitely give us a reasonable evaluation.

— Zhu ShitingYong Feng Financial Holding General Manager Zhu Shiting on market recognition of the company's stock price.

Specifically, the company highlighted the strong performance of its wealth management business, boosted by subsidiaries like KGI Bank and Yuanta Securities. Management expressed confidence in continued market recognition, noting the current price-to-book ratio of over 1.9 times as an indicator of investor trust. Despite the stock's impressive climb, the company is not yet focused on specific merger targets, with its CEO stating that such decisions depend on opportune timing and market conditions.

Mergers rely on fate, and now may not be the best time.

— Zhu ShitingYong Feng Financial Holding General Manager Zhu Shiting on the company's merger strategy amid favorable market conditions.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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