Taiwan Biotech Stocks Rally as Tsai's DPP Seen Boosting Industry

  • DPP wins presidential election, gains legislative majority
  • Taiex index gains after poll, bucks slump for Asia markets

Taiwan’s biotechnology stocks surged the most in three years on speculation president-elect Tsai Ing-wen will increase funding in the industry to bolster an economy that’s estimated to have grown last year at the slowest pace since at least 2009.

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