Singapore hooks Taiwan companies shunning China's investors

Taiwanese firms chase funds in city-state as cross-strait tensions rise

20240701 Taiwan stock exchange TWSE and SGX event

The Taiwan Stock Exchange partnered with the Singapore Exchange for the first time to host a pitch event for institutional investors in the city-state, held at SGX in April. (Singapore Exchange and Taiwan Stock Exchange)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Taiwanese companies have mounted a charm offensive in Singapore, chasing investors in the city-state as cross-strait tensions with China increase the risks of engaging Chinese markets.

At least two Taiwanese delegations held business missions to Singapore in April, after Taiwan's January presidential election saw Lai Ching-te of the island's pro-sovereignty Democratic Progressive Party win. Beijing regards Lai as a troublemaker.

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