• Tue
  • Sep 2, 2014
  • Updated: 7:39pm
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STOCK MARKET

Taiwan raises limit on F shares for mainland investors

PUBLISHED : Monday, 05 May, 2014, 11:56am
UPDATED : Monday, 05 May, 2014, 12:00pm

Taiwan will allow mainland investors to hold up to 50 per cent of foreign-registered companies traded in Taiwan this year from 30 per cent now, the top financial regulator said on Monday, in the latest sign of warming business ties across the Taiwan Strait.

William Tseng, chairman of the Financial Supervisory Commission, made the remark on the sidelines of a business event. Such shares are called “F-shares”.

Trade ties with China have gathered steam since President Ma Ying-jeou took office in 2008.

 

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