Retail investors are crazy about Taiwan stocks! Securities transfer deposits and financing balance hit highs in September, fixed deposit funds also moved

Taiwan stocks first hunkered down and then jumped in September, the market was hot, and retail investors' enthusiasm for investment also continued to heat up. The Central Bank announced the financial situation in September today (27th). The three indicators of securities transfer deposit balance, stock market financing balance and stock price index simultaneously hit record highs. Some people even transferred bank fixed deposit funds to the stock market.

According to statistics from the central bank, the balance of securities transfer deposits climbed to 4.6981 billion yuan at the end of September, setting a record high. The balance of stock market financing was 834.3 billion yuan, and the monthly average stock price index was 46,911 points. It also set new records simultaneously, reflecting that the stock market's attraction to funds continues to increase and investors' risk appetite has increased.

From the perspective of transaction structure, the proportion of domestic natural persons in the centralized market transactions rose to 51.1% in September, and the proportion of domestic legal persons increased to 10.5%, but the proportion of overseas legal persons fell to 38.3%.

It is worth noting that the boom in the stock market has also led people to adjust their capital allocation. Officials pointed out that time savings deposits decreased in September, and funds were transferred to securities transfer deposits. "Money will go to the most beneficial place." The stock market performed well. People believed that stock investment returns were higher, so they transferred their deposits to the stock market, further pushing up the balance of securities transfer deposits.

As the stock market turmoil intensifies in October, will the balance of securities transfer deposits decline? Central bank officials said that even if investors sell stocks, as long as the funds remain in the securities delivery account, securities transfer deposits will not necessarily decrease. It is difficult to estimate changes in securities transfer deposits based solely on the rise and fall of stock prices.

In addition to the strong flow of funds in the stock market, foreign exchange deposits also hit highs simultaneously. At the end of September, the balance of foreign exchange deposits exceeded the NT$10 trillion mark for the first time, setting a new historical record. Officials explained that the main reason was that imports and exports performed very well, and some companies' funds raised overseas were temporarily parked. The return of funds after some companies took profits from their overseas investments also pushed up the scale of foreign exchange deposits.

According to statistics from the central bank, the annual growth rates of total money M1B and M2 rose to 7.20% and 7.24% respectively in September. Among them, the annual growth rate of M2 increased mainly due to accelerated growth in lending and investment, as well as the temporary parking of corporate overseas financing funds.

In September, the annual growth rate of lending and investment by all monetary institutions rose to 9.79%, a record high in the past 28 years. The private sector, public utilities and government claims increased simultaneously. Officials pointed out that corporate financing needs not only come from the AI ​​industry, but non-AI industries also have funding needs.