Taiwan’s stock market continues to set new highs to greet the new year, jumping more than 300 points, or 1.6 percent, in the first two trading days of 2022, after surging by 23.6 percent in the whole year of 2021. This comes as exports and investments have fueled Taiwan’s best economic outlook since 2010.
Amid concerns over the pandemic, and lingering tensions between the United States and China, global investors were bearish on Taiwan. Foreign institutional investors sold a net $16.4 billion worth of Taiwanese shares in 2021, following a $19.5 billion net outflow the previous year.
