The establishment of a stock-trading link between the two North Asian countries moved another step forward with the news that Taiwan's Fubon Asset Management Co is set to list exchange-trade funds tracking major indexes of the Tokyo Stock Exchange early next month.
Taiwan Stock Exchange Corp. Vice President Yang Chano-zon told the Japanese media on Thursday that the purpose of the stock-trading link is to allow Taiwanese investors to buy and sell financial products listed in Japan without going through brokers and vice versa.
"Taiwanese and Japanese investors used to be on their own, but now they can work together through the TWSE (Taiwan Stock Exchange) and TSE," Yang said.
