National Team Joins Forces! Eight Major State-Owned Banks Invest 1.5 Billion to Support Two Shipping Companies, Stockholders Praise as Successful Cleanse

Reported 7 months ago

On June 11, 2024, the Taiwan Stock Exchange saw the weighted index fall by 66.26 points, closing at 21,792.12 points, a decline of 0.3%. State-owned banks invested in domestic shipping companies, with Yang Ming and Evergreen Maritime being the top choices, amounting to a total investment of 1.59 billion New Taiwan Dollars. This move has received positive feedback from stockholders, who view it as a successful cleansing operation for the market.

Source: YAHOO

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