Current Rating
Rating FAQ
Long-term  :   twAA-
Short-term  :   twA-1+
Outlook  :  Stable
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2016/05/12 twAA- Stable twA-1+
2007/10/31 twA+ Stable twA-1
2007/06/07 twA Stable twA-1
2004/12/22 twA Stable twA-2
2004/05/31 twBBB Stable twA-3
2002/06/10 twBBB- Stable twA-3
2000/06/08 twBB Stable twB
Research Analysis
Publish Date Subject
2024/10/01 Hua Nan Securities Co. Ltd.'s Upcoming Series 113-1 Subordinated Corporate Bond Rated 'twA+'
2024/06/27 Research Update: Hua Nan Securities Co. Ltd. Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2023/06/29 Research Update: Hua Nan Securities Co. Ltd. Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2022/06/21 Research Update: Hua Nan Securities Co. Ltd. Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2022/01/24 Media Release: Ratings On Taiwan-Based Securities Brokers Affirmed Under Revised Criteria
2021/06/22 Research Update: Hua Nan Securities Co. Ltd. Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2020/06/18 Research Update: Hua Nan Securities Co. Ltd. Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
113-1/   2,000 2024/10/30 2034/10/30 2.5 twA+  2024/10/01
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.