Reported about 1 year ago
Recently in Taipei, AI stocks have become attractive investment tools, with the Financial Supervisory Commission revealing that in June, foreign capital had a net inflow of 6.661 billion USD, marking the tenth highest monthly inflow in history. This translates to about 216.149 billion NTD based on the closing exchange rate of 32.45 NTD to USD at the end of June, making it the second consecutive month of net inflows. So far this year, foreign capital has had a net inflow of 32.299 billion USD, approximately 1.481 trillion NTD, surpassing the trillion mark and reaching a record high since 2011. The influx of foreign capital in the first half of the year was driven by the AI craze, solid fundamentals of the Taiwanese stock market, and positive global economic signals.
Source: YAHOO