Net foreign fund inflow hits US$1.75 billion in April

Taiwan News
Date: 2016-05-02
By: Central News Agency

Taipei, May 2 (CNA) Foreign institutional investors in Taiwan recorded a net fund inflow for the third consecutive month in April, registering US$1.75 billion, according to statistics released Thursday by the Financial Supervisory Commission (FSC).

In March, foreign institutional investors registered a net fund inflow of US$6.09 billion, while in February the figure was US$1.48 billion, according to FSC data.

In a hearing of the Legislature’s Finance Committee, FSC Chairwoman Wang Li-ling said that since the government opened up the local equity market to foreign institutional investment in 1990, the total net fund inflow has reached US$202.1 billion.

She forecast that the equity market will stabilize before the start of the third quarter, given the large net foreign fund inflow.     [FULL  STORY]

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