| 英文摘要 |
After years of government efforts to promote f inancial l iberal izat ion, internationalization, and systemization, Taiwan has gradually developed a capital market that is quite competitive in the Asian area. ''Taiwan's capital market has always had a lot of s t rong advantages , '' comments Chi Schive, chairman of the Taiwan Stock Exchange (TWSE). ''All we have to do is to create opportunities.'' Mr. Schive emphasizes the unique features of Taiwan's stock exchange: First, its market value as a ratio of GDP is high, reaching 155.8% at the end of November 2009, implying Taiwan's stock prices are lower than only Hong Kong's and Singapore's in Asia. Second, the price-toearnings ratio of the Taiwan stock market at that time was 110.54%, its trading value turnover rate was 178.28%, and its dividend rate was 9.8%, indicating the extraordinarily high investment value and activeness of trading on the market. And third, the ratio of foreign investment in the stock market is rising year by year; it reached 31.87% and had a 16.30% ratio of trading, showing the increasing internationalization of the Taiwan stock market. |
本站僅提供期刊文獻檢索。
