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Taiwan firms' reliance on China a concern: S&P

July 13, 2010  

From Aaron Pan

A growing dependence of Taiwanese companies on exports to China represents a potential risk to the credit quality of Taiwanese firms, according to international ratings agency Standard & Poor’s.

The growing economic links between China and Taiwan could damage the credit profiles of Taiwanese firms, according to a new report from Standard & Poor’s (S&P).

While government officials and business leaders on both sides of the Taiwan Strait...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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