By: Tien Yu-pin and Kuo Chung-han
Taipei, March 13 (CNA) The Taiwan Stock Exchange (TWSE) held a series of investment seminars in Malaysia, Singapore and Hong Kong earlier this month to promote Taiwan’s capital market and its electric car industry.
About 150 representatives of institutional investors attended the forums, while 136 one-on-one meetings were arranged between Taiwanese listed companies and investors, according to the TWSE, which operates the local main board.
It said most of the participating firms were Taiwanese manufacturers in the global electric car supply chain, as the booming global electric car industry has been attracting the attention of many institutional investors worldwide.
As of the end of 2015, shares held by foreign investors accounted for roughly 40 percent of the current value of Taiwan’s secondary market, which indicates the importance of foreign investors in the capital market, the exchange said. [FULL STORY]