SinoPac's share price reached a new high, once touching 40 yuan during the session

SinoPac Financial Holdings’ stock price rose 9.49% today. (Photo by reporter Wang Menglun)

[Reporter Wang Menglun/Taipei Report] Sino-Fung Financial Holdings’ closing share price hit a record high of 36.35 yuan yesterday. Today (18th), Sino-Fung Financial continued its efforts and continued to move forward. The stock price exploded, closing at 39.8 yuan, a surge of 3.45 yuan or 9.49%, setting a record high. Due to the overall bullishness of Taiwan stocks, Taiwan stocks opened higher and the weighted index rose by 587.81 points to close at 46465.2 points, an increase of 1.28%.

The market index hit a record high today. Among them, yesterday, Sino-Fung Gold held a dharma talk. General manager Zhu Shiting praised Yushan Gold as a "respectable opponent." As for the stock price of Sino-Fung Gold that has overtaken Yushan Gold, Zhu said that after comparing Yushan Gold, will it still have to compare with South China Gold and Mega Gold? This comparison is endless; however, he bluntly said that the current stock price of Sino-Fung Gold is more than 1.9 times the net value, which represents the market’s recognition of Sino-Fung Gold. If we continue to work hard over the years, the market will definitely give us a reasonable evaluation.

According to statistics, Yongfeng Gold’s cumulative self-tax net profit from January to May 2026 has reached 20.291 billion yuan, nearly double the same period last year (an annual increase of 96%), and the amount has reached a new high for the same period in previous years.

SinoPac Securities said that its strong financial performance this year, in addition to its own organic growth, has also begun to harvest the synergies generated by last year's mergers and acquisitions; among them, Beijing Bank's net fee income grew significantly in the first quarter of this year, mainly driven by the wealth management business that was less focused on in the past; after the addition of Huili Securities in October 2025, SinoPac Securities' foreign market share continues to increase, and its future contribution is expected.

The outside world continues to pay attention to the merger issue of SinoPac. Zhu Shiting recently said that because the market conditions are so good, securities are very profitable, and the scale of investment credit has increased significantly, "mergers and acquisitions depend on fate." Now is not necessarily a good time.

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