瑞信亚洲金融洞察：顶级故事与观点.docxVIP

Hong KongEquities Research CreditSuisseCreditSuisse Financials Insights Asia(FIA) Top stories and ideas15 January 2019 Ashish GuptaTop of the Pack Taiwan Financial SectorNew report: More challenges ahead Chung Hsu Rest of the PackFubon Financial Holding [2881.TW] Embrace for weaker earnings momentum in 2019Chung Hsu 3Maintain NEUTRAL First Financial Holding Co Ltd [2892.TW]4Downgrade to UNDERPERFORM on weak core earnings and demanding valuation Chung HsuDowngrade to UNDERPERFORMYuanta Financial Holding Co Ltd [2885 tw]5 Upgrade to Outperform on further capital struture optimization and improvi