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2880 — HUA NAN FINANCIAL HOLDINGS News Story

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Brief: Taiwan's Hua Nan Financial sees growth in 2017 net profit

Hua Nan Financial Holdings  2880.TW , a major state-run firm 
with units in banking, brokerage and insurance, says:  
    * Sees net profit this year rising to at least T$16 billion 
($512.8 million) versus T$14 billion in 2016 amid Taiwan's mild 
economic growth  
    * New policy from the Trump administration remains an 
uncertainty to global economy 
    * Profit contribution from China market to slide this year 
versus 2016 due to China's slowing economic growth; says  hard 
to predict Chinese currency movement  
 
 
 (Reporting by Faith Hung) 
 ((faith.hung@thomsonreuters.com;))

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