China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Taiwan: Russia's invasion of Ukraine has foreign investors fleeing from an Asian island. Here's why Fintech Zoom World Finance
Aggregated Source: ChinaTechNews.com

In the three weeks following the invasion, foreign investors dumped shares worth about 480 billion Taiwanese dollars ($16.9 billion), according to Alex Huang, director at Mega International Investment Services, a Taipei-based firm. That outflow is the biggest on record, he said, exceeding the value of Taiwanese shares sold by foreign investors in the whole of 2021, which Bank of America analysts have estimated at $15.6 billion.

Taiwan: Russia's invasion of Ukraine has foreign investors fleeing from an Asian island. Here's why Fintech Zoom World Finance comes via ChinaTechNews.com.

Original URL: Click here to visit original article
Copyright ChinaTechNews.com