By: Chiu Po-sheng and Frances Huang
Taipei, Nov. 28 (CNA) Tseng Ming-chung (曾銘宗), chairman of the Financial Supervisory Commission (FSC), said Saturday that starting in January, Taiwan may allow Chinese retail investors to buy shares in the local equity market, in a bid to boost the trading volume.
The FSC, the top financial regulator in Taiwan, has been consulting with other relevant government agencies on the issue, taking into the account a suggestion by local stock brokerages to lift the ban on such investment, Tseng said.
He said a decision may be made by January next year to allow Chinese retail investors to put funds into the local equity market. [FULL STORY]