Hint of lighter regulatory touch lifts Taiwan financial shares

09/3/2013 | Taipei Times (Taiwan), The

Shares of financial companies in Taiwan are getting a lift from news that regulators are weighing more market-opening policies to shore up the nation's banking system. Among the measures under consideration is wider scope for domestic banks for market expansion in China, allowing Taiwan banks to use as much as 40% of net worth for the purpose, up from the current 15% limit.

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Taipei Times (Taiwan), The

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