Taiwanese President Lai Ching-te said he aims to develop Taiwan's capital market into an Asian equivalent of Nasdaq and position it as a fundraising hub for global startups, Focus Taiwan reported Monday, citing a televised interview.
Lai said regulatory reforms, covering odd-lot trading and day trading rules, will bring Taiwan closer to international fundraising standards and improve investor accessibility.
He added that Taiwan's deep AI ecosystem and status as a major global tech market, combined with strong liquidity, give it an edge over regional peers in attracting foreign technology firms and capital, according to the report.
The president said the strategy would create stronger linkages between global startups and Taiwan's supply chains, boosting domestic SMEs and reinforcing the economy's so-called "silicon shield" through broader industrial integration, the news outlet said.
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