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CHYYY Cathay Financial Holding Company (PK)

13.5333
0.00 (0.00%)
07 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cathay Financial Holding Company (PK) USOTC:CHYYY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.5333 9.41 14.41 0.00 00:00:00

Cathay Financial: Europe Debt Exposure Mostly Corporate Bonds

13/09/2011 9:33am

Dow Jones News


Cathay Financial (PK) (USOTC:CHYYY)
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Cathay Financial Holding Co. (2882.TW), Taiwan's largest financial holding company by assets, said Tuesday most of the bank's investment in Europe are in corporate bonds, keeping it "relatively safe" amid Europe's escalating sovereign debt problem.

Alan Lee, Cathay Financial's executive vice president, told Dow Jones Newswires around 30% of its overseas portfolio is allocated to Europe. He didn't elaborate.

He said the bank holds corporate paper issued by companies in Italy, Spain, the U.K., Germany and France.

-By Jenny W. Hsu, Dow Jones Newswires; 886-2-25022557; aries.poon@dowjones.com

1 Year Cathay Financial (PK) Chart

1 Year Cathay Financial (PK) Chart

1 Month Cathay Financial (PK) Chart

1 Month Cathay Financial (PK) Chart