What Is the Taiwan Stock Exchange?

The Taiwan Stock Exchange (TWSE), the full name of the Taiwan Stock Exchange Corporation (TSEC), referred to as the Taiwan Stock Exchange or the Taiwan Stock Exchange, is located in Taipei 101, Xinyi District, Taipei, Taiwan Commercial institutions in Taiwan's stock listed company trading market (ie, centralized markets) are also the only stock exchanges in Taiwan. The Taiwan Stock Exchange was officially approved for establishment on October 23, 1961, and officially opened for business on February 9, 1962.

Taiwan Stock Exchange

Taiwan Stock Exchange (TWSE), the full name of Taiwan Stock Exchange Corporation (TSEC), referred to as the Taiwan Stock Exchange or the Taiwan Stock Exchange, is located in Taipei, Taiwan

The Taiwan Stock Exchange is a commercial institution that is in charge of the trading market (that is, the centralized market) of listed companies in Taiwan. 1

The Taiwan Stock Exchange's stock price index is a

Taiwan's counter market is somewhat different from the US NASDAQ and Europe's second board market. Analyzed by industry sector, the companies in the US and Europe's second board market are mainly high-tech electronics and Internet website companies, while the situation in Taiwan's counter market is: as of November 1998, in Taiwan

1. Applicable scope for corporate listing. OTC regulations in Taiwan are "local small and medium-sized companies" (including newly formed companies). It can be seen that this regulation is relatively loose, so that the industry of listed companies far exceeds the scope of high technology.

2. The paid-up capital is more than NT $ 50 million, and is recommended in writing by two or more securities dealers.

3 Business record of a company going public. A business development process of at least three years. The ratio of final operating profit and net profit before tax to paid-in capital amounted to more than 4% in the most recent year, and there were no accumulated losses in the most recent accounting year; or the average of more than 2% in the most recent period, and the profitability of the most recent year Better than the previous year.

4 Profit requirements for corporate listing. Taiwan OTC requires that within two years before listing, the annual consolidated annual income and net profit before taxation must be 2% of total capital, but qualified technology companies are not restricted by this regulation.

5. Information on corporate listings announced. Taiwan OTC requires quarterly reporting, timely disclosure of major news, and adheres to a series of standards for maintaining listing status values.

6. Minimum public float. The number of registered shareholders holding 1,000 to 50,000 shares is not less than 300, and the total number of shares held by them is more than 10% or more than 5 million shares.