Date: Jul 25, 2015
By: Ted Chen / Staff reporter
The nation’s main stock exchange will seek to improve the local capital market by collaborating with its Asian counterparts, a Taiwan Stock Exchange (TWSE, 台灣證券交易所) executive said yesterday.
“Taiwan’s annual capital outflow is estimated at about NT$2 trillion [US$63 billion] annually,” TWSE president Michael Lin (林火燈) said at a press conference after the Asian Exchange Forum in Taipei.
Representatives from 10 Asian countries’ stock exchanges — including Japan, South Korea, China, Vietnam, Indonesia and Singapore — attended the forum, which was organized by the TWSE. [FULL STORY]