Money Pours Into Taiwan’s Markets as Election Nears
- Incentives for locals, stock yields to support asset prices
- Life insurers’ large cash piles may benefit Taiwan bonds
Photographer: Patrick Lin/AFP via Getty Images
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Investor sentiment toward Taiwan has rarely been this good, with only days to go before its first presidential election in four years.
Its financial markets keep hitting new milestones: the Taiwan dollar last week strengthened past 30 per greenback for the first time since June 2018, government-bond yields remain near all-time lows and stocks are inching toward a record after their best year in a decade.