Securities houses are expecting that more electronics issues will be included in the Morgan Stanley Capital International (MSCI) Tai-wan index since Morgan Stanley is making an evaluation of the current Limited Investability Factor (LIF) applied to the MSCI Taiwan Index constituents.
MSCI announced late last month that it was making a formal review regarding the relaxation of restrictions on foreign portfolio investors in Taiwan and its effects
The review may lead to a higher LIF for the MSCI Taiwan Index constituents, according to the announcement.
MSCI has applied the LIF in Taiwan as an instrument to reflect market restrictions and obstacles to foreign investment.
Currently, it applies to LIF of 0.55 to the free float-adjusted market capitalization of all constituents in the MSCI Taiwan Index.
While the company is sche-duled to announce changes today to the MSCI Standard and Small Cap Index Series, the MSCI Global Value and Growth Index Series, Jih Sun Securities Co (日盛證券) analysts said that four electronics stocks -- Chunghwa Telecom Co (中華電信), Nanker Sensor Co (南科), Sunplus Technology Co and EZfone (通話王) -- are likely to be selected to be added to the MSCI Taiwan Index.
Out of the 91 issues included in the MSCI Taiwan Index, 38 are electronics stocks.
Analysts said that the MSCI adjustment would stimulate foreign investors' interest.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last