Brokers freeze orders for Chinese military stocksBloombergTaiwanese brokers are to stop taking buy orders for shares and exchange-traded funds (ETFs) linked to Chinese military companies, a Taiwan Securities Association spokesperson said yesterday. The measure applies to stocks and ETFs traded through the Shanghai or Shenzhen stock connect links, the spokesperson said. A man holds a phone displaying stock market information at the Taiwan Stock Exchange Corp headquarters in Taipei on May 6 last year. The move would affect less than 0.5 percent of Taiwanese investors’ overall exposure to foreign stocks, the FSC said. The announcement comes at a sensitive time, with China appearing to have just wrapped up the large-scale military drills.
