Reported 8 months ago
The '2024 Foreign Investment Selects Top 100 Companies in Taiwan' (FINI 100) list will be announced in September. The Taiwan Institute of Directors revealed that the top 100 companies account for 46% of the total market cap. The average market cap of these companies is $3.3 billion USD, with the total market cap of FINI 100 being 3.7 times the market average excluding TSMC's market cap. Notably, the average foreign ownership of the top 100 companies is 26%, three times higher than the market average, with a 6.2% increase in foreign ownership. Among the industry sectors, technology has the most representation with 71 companies, followed by manufacturing with 19 companies, consumer goods with 7 companies, real estate with 2 companies, and healthcare with 1 company. The Taiwan Institute of Directors emphasized the growing potential of middle-sized companies and highlighted the importance of international growth and strategic decision-making at their annual conference held on June 19th.
Source: YAHOO