Latest news with #ShermanLin
Yahoo
26-05-2025
- Business
- Yahoo
TWSE and GrandTech Cloud Host F2SU Asia IPO Forum to Showcase Taiwan's Capital Market Strength
TAIPEI, May 26, 2025 /PRNewswire/ -- Taiwan Stock Exchange (the TWSE), in partnership with GrandTech Cloud Services Inc., co-hosted the "F2SU Asia IPO Synergy" forum on Friday. The event aimed to attract Asian startups and showcase Taiwan's fundraising potential. As part of the "A Friend to Startups (F2SU)" initiative, the forum brought together startups and venture capitalists from across Asia, highlighting the TWSE's commitment to supporting high-growth companies. The TWSE welcomed a delegation of 15 representatives from innovative companies across the region during the forum's morning session, where participants exchanged insights on Taiwan's capital market. The TWSE Chairman and CEO Sherman Lin said that the Taiwan Innovation Board (TIB) is designed to support high-potential, globally minded companies with flexible listing criteria and a specialized review process. "Our goal is to enhance visibility, strengthen fundraising capacity, and broaden access to growth capital – helping innovative companies grow and stand out in the market," he said. The TWSE President Edith Lee, speaking at the evening reception, highlighted that the TWSE offers a wide range of tailored services for innovative companies, ranging from pre-IPO consultation and guidance to post-listing support such as investor relations (IR) platforms and ESG resources aligned with global standards. These initiatives reflect the TWSE's firm commitment to fostering innovation. Frankie Hsu, Chairman of GrandTech Cloud Services, praised Taiwan's capital market for effectively supporting the growth of innovative industries. James C.J. Hsiao, Director General of Department of Industrial Development at the National Development Council, added that the government continues to channel significant resources into innovation — spanning funding, global talent recruitment, and overseas expansion facilitation. With cross-sector collaboration, the development of Taiwan's innovation ecosystem is expected to accelerate further. Two keynote speakers also shared their valuable insights and perspectives. Alice Chang, founder of U.S.-listed beauty tech firm Perfect Corp., shared her IPO experience and outlined several advantages of listing in Taiwan. Jamie Lin, Chairman of AppWorks, highlighted Taiwan's strengths beyond electronics and AI supply chains, citing high market liquidity, strong price-to-book (P/B) ratios, and substantial foreign ownership as key reasons why Taiwan is an attractive IPO destination. Both speakers affirmed the potential of Taiwan's capital market. As of April 2025, Taiwan's equity market had a total capitalization of NT$65.09 trillion (approx. US$2.24 trillion), with an average daily turnover of NT$308.3 billion (US$10.63 billion), reflecting strong liquidity and growing international appeal. Taiwan's P/B ratio stood at 2.19 in March — outperforming Japan (1.84), Korea (0.84), Hong Kong (1.31), and Singapore (1.29) — highlighting its valuation strength among regional markets. The P/B ratio on Taiwan's Innovation Board reached 3.95, reflecting robust investor appetite for growth companies and affirming the platform's role in emphasizing the intrinsic value of emerging enterprises. To expand its reach in Asia, the TWSE, in collaboration with GrandTech Cloud Services, invited regional startups to join the forum, further extending the influence of Taiwan's Innovation Board. The TWSE has also partnered with KPMG Taiwan to launch the "Southeast Asia Innovation Capital Platform", holding roadshows in Singapore and Malaysia, with another planned for early July. This initiative aims to deepen ties with Southeast Asian startups and investors. The forum drew strong participation from media, startups, and venture capital firms across the region. Attendees actively engaged with the TWSE representatives to explore listing opportunities and gain deeper insights into Taiwan's capital market mechanisms and advantages. The event also helped raise the profile of Taiwan's capital market in the region. The TWSE said that it will continue collaborating with innovative companies to chart the next stage of growth. About TWSE The Taiwan Stock Exchange (the "TWSE") started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE's primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms' services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market. View original content to download multimedia: SOURCE TWSE
Korea Herald
13-05-2025
- Business
- Korea Herald
TWSE Deepens Middle East Ties; Chairman Sherman Lin Leads Delegation to UAE, Signs MoU with Dubai Financial Market
TAIPEI, May 13, 2025 /PRNewswire/ -- Taiwan Stock Exchange (TWSE) Chairman and CEO Sherman Lin led a delegation to the United Arab Emirates from May 4 to 10 to expand engagement with Middle Eastern markets and showcase Taiwan's capital market strengths. The delegation met with local exchanges, sovereign wealth funds, asset managers, and custodian banks, culminating in the signing of a Memorandum of Understanding (MoU) with the Dubai Financial Market. The MoU focuses on cross-border product listings, joint market promotion, and information exchange. Discussions also covered potential dual-listed ETFs and co-developed financial products. "The Middle East is strategically important to Taiwan's capital market internationalization," said Lin. "We aim to foster deeper cooperation and broader investor engagement." The TWSE also held follow-up meetings with the Abu Dhabi Securities Exchange (ADX), building on a cooperation MoU signed in 2007. A visit to ADX last October extended dialogue on cross-border ETF listings and other collaborative opportunities. Capital Market Summit and strategic dialogue During the visit, Lin spoke at the Capital Market Summit 2025, hosted by the Dubai Exchange. He joined a panel titled "Bridging Borders: Cross-Border Capital Flows" alongside representatives from the Dubai Financial Market, Bahrain Bourse, and Nasdaq, where he addressed the regulatory challenges surrounding cross-border capital movement, its potential benefits, and the TWSE's ongoing efforts to facilitate cross-market initiatives. Lin underscored how Taiwan and Middle Eastern markets are highly complementary. "Cross-border financial products and capital engagement offer long-term, mutually beneficial opportunities for both sides," Lin emphasized. He added that ETF cross-listings have emerged as an effective model, with a Taiwan-Japan product collaboration expected to launch later this year. This marked Lin's second visit to the region, following an outreach in October 2024, and reflects the TWSE's continued commitment to expanding international investor engagement. Highlighting Taiwan's market strengths In addition to meeting the region's two major stock exchanges, the delegation met with over a dozen local financial institutions and sovereign wealth funds to promote Taiwan's market. Chairman Lin highlighted Taiwan's central role in the global AI supply chain, with its semiconductor sector driving a surge in market cap and trading volume in 2024. He also noted Taiwan's resilience during global equity selloffs in April 2025. While most markets declined due to renewed tariff concerns, Taiwan's benchmark index was among the first to rebound—demonstrating market resilience and investor confidence. Lin also welcomed input from foreign investors on improving Taiwan's market mechanisms. Foreign investment momentum Foreign investors hold over 40% of outstanding shares and contribute more than 30% of daily trading. Despite global volatility in 2025, the TWSE index has gained 20% since early April, with average daily turnover exceeding TWD 300 billion ($9.8 billion). Through this outreach, the TWSE aims to strengthen market connectivity, attract capital and product flows, and enhance Taiwan's global capital market presence. About TWSE The Taiwan Stock Exchange (the "TWSE") started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE's primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms' services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market.
Zawya
06-05-2025
- Business
- Zawya
Dubai Financial Market and Taiwan Stock Exchange sign MoU to strengthen cross-border financial cooperation
The agreement supports DFM's broader strategy of enhancing connectivity with Asian markets and expanding investor access across regions. Dubai: The Dubai Financial Market (DFM) and Taiwan Stock Exchange (TWSE) have signed a Memorandum of Understanding (MoU) to establish a framework for closer cooperation between the two capital markets. The agreement aims to strengthen cross-border investment activity, promote capital market development and enhance the visibility of both exchanges among regional and international investors. The MoU was signed by Hamed Ali, CEO of DFM and Nasdaq Dubai, and Sherman H.M. Lin, Chairman of TWSE, on the sidelines of the third MENA Capital Market Summit, DFM's flagship event. Under the agreement, both parties will explore opportunities to list financial products on each other's markets, including exchange-traded funds (ETFs) and related equity products, as well as conduct joint investor outreach and share insights through regular dialogue and mutual visits. This partnership follows TWSE's focused efforts to grow its presence in the Middle East. In October 2024, TWSE held a dedicated investment event in the region to promote Taiwan's capital market. Since then, the two exchanges have remained in close contact to identify key areas of mutual interest. Hamed Ali, CEO of DFM and Nasdaq Dubai, said: "We are pleased to strengthen our relationship with the Taiwan Stock Exchange through this agreement, which supports our shared ambition to connect markets and broaden access for investors and issuers. This partnership builds on our track record of enabling cross-border listings and expanding investor reach across key global regions." Sherman H.M. Lin, Chairman of TWSE, said: 'The MoU lays a solid foundation for the listing of financial products in each other's markets. Moreover, the two exchanges will jointly promote their respective markets to enhance local investors' awareness and facilitate mutual visits and experience-sharing activities in the future.' This partnership is part of DFM and Nasdaq Dubai's ongoing strategy to deepen market connectivity with Asia through cooperation with major exchanges and issuers. As part of the Capital Market Summit, Chairman Lin joined a high-level panel discussion titled 'Bridging Borders: Cross-Border Capital Flows,' alongside representatives from Nasdaq, Bahrain Bourse and Dubai Financial Market and Nasdaq Dubai. He shared the cross-border product listings serve as a model for facilitating capital flows. Taiwan has been actively engaging with international exchanges to pursue further collaboration and product listings, aiming to attract greater attention from Middle East investors to Taiwan capital market. During the visit, the TWSE delegation also met with leading institutional investors in the region to promote the Taiwanese capital market and explore areas for future cooperation. Looking ahead, DFM and TWSE will continue working together on investor awareness initiatives, technical exchanges and experience-sharing activities. About Dubai Financial Market: Dubai Financial Market (DFM) was established as a public institution with its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000 and became the first Islamic Shari'a-compliant exchange globally since 2007. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion, DFM became a public joint stock company, and its shares were listed on 7 March 2007 with the trading symbol (DFM). Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited.
Reuters
07-04-2025
- Business
- Reuters
Taiwan stock exchange to unveil more market stabilisation steps if needed
TAIPEI, April 7 (Reuters) - The Taiwan stock exchange will roll out more policies in coordination with the financial regulator to stabilise markets if there are irrational falls, exchange Chairman Sherman Lin said on Monday. The stock exchange will maintain flexibility in stabilisation measures this week to handle volatility stemming from new U.S. import tariffs, Lin told reporters in Taipei. Taiwan's top financial regulator on Sunday announced it would impose temporary curbs lasting all this week on short-selling of shares to help deal with potential market turmoil from the tariffs. Lin said it would be hard for Taiwan to escape the market impact of the tariffs, but called on investors to have confidence in Taiwanese companies and the government. Taiwan's stock market (.TWII), opens new tab will reopen on Monday after being closed on Thursday and Friday last week for a holiday.
