TAIPEI : Taiwan's top financial regulator said on Thursday he was confident in the fundamentals of the island's stock market despite rising geopolitical risks, adding that in"special circumstances" he would consider measures to protect investors.
Taiwan's benchmark stock index fell 22 per cent last year, partially on concern about the rising risk, though also due to aggressive U.S. interest rate increases and U.S. dollar strength as well as worries over slowing global growth. "I'm certainly confident" in the market's fundamentals, he told parliament as he responded to questions from members of the legislature.
Taiwan recorded net inflows of foreign funds in January and February, compared with a total net outflow of T$1.4 trillion in 2022, Huang said.