Taiwan Stock Exchange & Cathay Securities Corp. Promotes Growing Electric Vehicle Industry To Foreign Investors - Foreign Investors Now Make Up Almost 30% Of Trading In Taiwan’s Rapidly Internationalizing Capital Market, Attracted To High-Growth Sectors

The Taiwan Stock Exchange (TWSE) and Cathay Securities Corporation today jointly held the ‘Electric Vehicle Forum’ in Taiwan. The forum bought together TWSE-listed electric vehicle suppliers with leading institutional investors from across the Asia-Pacific looking to benefit from another of Taiwan’s fast-growing technology sectors.

In a keynote luncheon address, Dr. Naikuan Huang, Senior Executive Vice President of the TWSE, said, “We are pleased to see more and more foreign investors playing an active role in Taiwan’s rapidly internationalizing capital market. As of the end of 2015, foreign investors accounted for almost 30% of all trading on TWSE and held close to 40% of Taiwan stocks by market capitalization. Events such as the ‘Electric Vehicle Forum’ are an important opportunity for us to highlight the strong technology clusters available on the TWSE, as well as the good returns and high dividend yields they provide to global investors. We hope that investors will add Taiwan’s growing electric vehicle industry to their investment radar.”

The ‘Electric Vehicle Forum’ also included field trips where investors had an opportunity to view the operations of four leading TWSE-listed electric vehicle suppliers: Actron Technology Corporation (8255), Chang’s Ascending Enterprise Corporation Limited. (8038), Cub Elecparts Inc (2231) and Mobiletron Electronics Corporation Limited (1533). The visits were also an opportunity for investors to gain an appreciation of the high-tech development underpinning Taiwan’s electric vehicle industry and the niches it enjoys across the entire supply chain, including batteries, collision avoidance systems, parking assistance systems, automotive materials and ‘Internet of Vehicles’ (IoV).

Michael Chen, Spokesperson and Senior Vice President of Cathay Securities Corporation, said, “As a company, we have been deeply involved in the Asian markets for a number of years. Since 2014, we have been cooperating with Malaysia’s Maybank Kim Eng to expand our range of services and to host international forums and conference calls to support exchanges between domestic companies and large institutional investors based in South-East Asia and around the world. We hope the ‘Electric Vehicle Forum’ and field visits will increase the global exposure of TWSE-listed companies.”