Reported about 1 year ago
On July 4, 2024, Taiwan's stock market hit a historic high of 23,628 points in the morning, with popular Taiwan ETFs like Yuanta Taiwan ESG Low Carbon 50 (00923), Cathay Sustainable High Dividend Equity (00878), and Fubon Taiwan 50 (0050) breaking new price records and benefiting around 3.36 million investors. Fund managers highlighted the growing interest in low carbon investments due to Taiwan's clear carbon reduction policies, recommending investments in Taiwan tech stocks with ESG sustainability concepts to align with global carbon reduction initiatives and the green supply chain trend. They also cautioned about potential overheating in the stock market post a significant rise but expressed optimism for the future with favorable global economic conditions for Taiwan's technology industry.
Source: YAHOO