Taiwan shouldn't be lumped together with the rest of Asia in IR terms
No Asian market has quite the same IR characteristics as Taiwan. Ruled by an investor base that is 90 percent retail, and hurt by its pariah status in the diplomatic world, the financial press tends to focus on other markets in the region. Yet, no other Asian market (ex-Japan) has the size and depth of Taiwan. On some days, only the New York Stock Exchange has greater liquidity than the Taiwan Stock Exchange (TSE). On most days, TSE trading values are greater than the entire southeast Asian
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