Thu, Oct 13, 2005 - Page 11 News List

Foreign banks eager to buy local

CLOSE TO A DEAL?The FSC chairman talked about potential takeovers, with investors looking to exploit Taiwan's comparative banking openess to enter the Chinese market

BLOOMBERG

The commission plans to start operations of the international board by early next year, Kong said.

"For the first year of operation, we expect 10 to 20 listings of good companies," Kong said. "Within two years, we wish to have 60-80 listings; three to five years, more than 100."

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