Investors see risks ebbing with opposition allianceBloombergInvestors might take heart from the latest twist in the presidential race, as a tie-up of opposition candidates raises the odds of a more China-friendly government taking post next year. Geopolitical risks have been an overhang over Taiwanese equities for years, with investors fretting over the possibility of a military conflict between Taipei and Beijing. A man stands in front of a screen at the Taiwan Stock Exchange in Taipei on Dec. 30 last year. The outcome would define Taipei’s relations with Beijing in the years to come, while also setting the tone for US-China tensions. Sectors most exposed to cross-strait trade, including semiconductor companies, agriculture producers and tourism-related firms stand to benefit, he added.
Source: Taipei Times November 16, 2023 17:27 UTC