Ko declares savings of NT$16m, shares in investment funds - News Summed Up

Ko declares savings of NT$16m, shares in investment funds


The report showed that Ko and his wife, Peggy Chen (陳佩琪), own eight tracts of land and two building lots, which was unchanged from last year’s report. They also declared shares in investment funds valued at NT$3.56 million, a reduction from last year’s NT$1.45 million. Shares in four investment funds are listed under Ko’s name: the Baring Hong Kong China Fund (霸菱香港中國), Jih Sun China Demand Dynamic Equity Fund (日盛中國內需動力), Jih Sun Upstream Fund (日盛上選) and Fidelity ASEAN Fund (富達東協). Funds from last year’s Baring Eastern Europe Fund were moved to the Baring Hong Kong China Fund. Taipei City Government spokesman Liu Yi-ting (劉奕霆) said Ko has declared his assets according to government regulations and carefully explained them every year, but that investment funds are a type of savings, which are managed by Chen.


Source: Taipei Times April 16, 2018 15:56 UTC


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