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Taiwan’s stock market has been attracting an increasing number of investors, particularly people aged 30 or younger, as the local main board has jumped by more than 20 percent on average over the past two years, Taiwan Stock Exchange (TWSE) data showed.
Last year, the number of stock account owners on the TWSE increased by 670,000 to 11.24 million, while the TAIEX registered a 22.8 percent rise, the data showed.
Among the 11.24 million stock investors last year, 42.9 percent were aged 30 or younger, an increase of 12 percent in that age category from 2015.
Apart from the stellar performance of the
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FSC tells firms to postpone annual meetings
UNPRECEDENTED: The move to delay shareholders’ meetings marked the first time the commission had imposed such a measure, but follows discussions with the CECC, it said
By Kao Shih-ching / Staff reporter
The Financial Supervisory Commission (FSC) yesterday told publicly traded companies to postpone their annual shareholders’ meetings from Monday next week to the end of next month to curb public gatherings amid a surge in COVID-19 infections.
A total of 1,931 companies had planned to convene their shareholders’ meetings during the period, but the FSC has made it mandatory for them to delay the events to July or August, it said.