Taiwan's stock exchange is mulling introducing algorithmic trading and wants to boost securities borrowing and lending activity. But talk of a China-Taiwan Stock Connect has receded.
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The fact a recent short-selling restriction was lifted within a month points to a maturing market, although the exchange still faces an uphill battle with the regulator, say participants.
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China says it is studying a new Taipei-Shanghai Stock Connect scheme but the head of Taiwan's financial regulator claims talks have not yet started. He added that a Singapore Connect will be launched on July 1.
Taiwan fund house Yuanta SITC is set to launch the ETFs, which track China’s CSI300 index, on the island in May. But concerns have been raised over the risky products' availability to retail investors.
Japan tackles governance; US targets systemic risk; China eyes tech laws; EU lobbied over FTT; Beijing clarifies margin trading; HK to extend offshore rules; Taiwan sets e-voting date.
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Optimism has greeted the arrival of two landmark products from Yuanta, with firms such as Fubon set to follow suit, while Hong Kong is seen as some way from approving such ETFs.
As Stock Connect and a trading link between the Lion City and Taiwan looms, Singapore Exchange's head of sales argues that Hong Kong and Taiwan are not really offshore centres for China.
The Financial Services Commission is expected to announce rules to permit leveraged and inverse ETFs soon to list on the local bourse, amid optimism they will be well received.
The FSC is reviewing applications from the Taiwan Stock Exchange and Gre-Tai Securities Market for cost-effective open-ended funds to be traded on exchange or over-the-counter.
The Taiwan Stock Exchange highlights the companies listed on its bourse that have investments and exposure to China.
