FSC planning policies to help companies hold IPOsBy Kao Shih-ching / Staff reporterThe Financial Supervisory Commission (FSC) plans to introduce new policies later this year to help companies list on the local stock market, Chairman Thomas Huang (黃天牧) said in an interview yesterday. Financial Supervisory Commission Chairman Thomas Huang poses for a photograph at the commission’s office in New Taipei City yesterday. The commission has not trimmed its target number for IPOs, although listing activity would inevitably slow due to the pandemic, he said. In June next year, the Taiwan Stock Exchange is to introduce a market-making system to improve liquidity for companies that are financially sound, but not popular among investors, he added. As local banks have been supportive in providing loans to those affected by the pandemic, the commission has seldom received complaints from companies, he said.

Source: Taipei Times June 24, 2020 15:56 UTC