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Foreign Investment in Taiwan Exchange. The overseas Chinese or foreign
Securities national may then entrust any local securities
firm to handle registration with the Taiwan Stock
Taiwan has simplified the process for overseas Exchange. Once the registration is completed, an
Chinese or foreign nationals investing in less account may be opened with the securities broker
than 10% of the equity of companies listed on to buy and sell securities. If a single investment
the stock market, over-the-counter market, or exceeds 10% of the equity of an enterprise,
emerging share markets, or other domestic the investor must submit an application to the
securities. Overseas Chinese and foreign Department of Investment Review of the Ministry
nationals shall designate a domestic agent of Economic Affairs, the administrative office of
(usually a domestic bank or securities firm) or a any science park, or the Bureau of Industrial Parks
representative to register with the Taiwan Stock of the Ministry of Economic Affairs.

Status of Financial Markets

At the end of February of 2024, Taiwan's foreign exchange reserves stood at US$ 569.42 billion. Taiwan§s
savings rate was 37.75% in 2023. At the end of 2023, assets of the financial and insurance industries
amounted to NT$ 119.90 trillion. Gross output of the financial and insurance industries was NT$ 1.51 trillion,
accounting for 6.47% of GDP. Companies in the banking, securities, and insurance industries are financially
sound, and have enjoyed steadily increasing profits, with pre-tax net profits of NT$ 505.7 billion, NT$ 99.8
billion, and NT$ 98.1 billion respectively in 2023, demonstrating the increasing maturity of Taiwan's financial
market.

At the end of 2023, Taiwan had 1,813 listed (OTC) companies, with a total market capitalization of NT$62.63
trillion. Securities transactions totaled NT$85.46 trillion during 2023, with a turnover rate of 136.45%. By the
end of 2023, the market capitalization and transaction values of Taiwan's listed (OTC) companies accounted
for 1.87% and 1.71% of global totals, demonstrating the maturity and high trading volume of Taiwan's
securities market. In contrast to the Chinese and Hong Kong stock markets, Taiwan has outstanding R&D
talent and strong intellectual property protections, as well as fair and credible financial valuation of high-tech
companies. Compared with the Chinese and Hong Kong stock markets, Taiwan has excellent R&D talent and
strong intellectual property protection. Its evaluation of technology companies is more fair and credible.

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