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TAIWAN PREMIER EXPECTS ETF TO ADD VITALITY TO BOURSE.

AsiaPulse News

| July 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, July 1 - Premier Yu Shyi-kun said Monday that he expects that the issuance of the Taiwan 50 ETF (exchange traded fund) and index futures will add vitality to Taiwan's monetary market and boost Taiwan's visibility in the international financial market.

Speaking at a ceremony marking the new issuance at the Taiwan Stock Exchange, Yu said that the Cabinet has made the fortification of Taiwan's financial market a major task of the Monetary Reform Task Force which was set up a year ago.

The issuance of the Taiwan 50 ETF and the index futures signified the achievements of the task force, according to the premier.

Minister of Finance Lin Chuan pointed out that with the introduction of the two ...

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Source: HighBeam Research, TAIWAN PREMIER EXPECTS ETF TO ADD VITALITY TO BOURSE.

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