Reported 8 months ago
On June 14, the Taiwan Stock Exchange rose by 192.68 points to close at 22,504.72, with a weekly increase of 646.34 points. Eight major state-owned banks bought heavily into ETFs in the past five days, with the most notable being the Da Hua Yield Plus High-Filled ETF 30 (00918) where they acquired nearly 20,000 shares with an investment of 500 million yuan. Other ETFs that were favored include the Yuanta Taiwan 50 Inverse 1, and Taishin Sustainable High-Yield Small-Mid ETF. These investments reflect positive sentiments from the top state-owned banks in Taiwan's financial market.
Source: YAHOO