Hsinchu County Legislator Revealed as Major Stock Investor
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- A local legislator in Taiwan's Hsinchu County is identified as a significant stock market investor, with holdings valued at over NT$23 million.
- The legislator, Tsai Chih-huan, holds shares in 20 companies, including major tech firms.
- Other legislators also invest in stocks, with AI and US policy seen as drivers for Taiwan's market growth.
Tsai Chih-huan, a legislator from Taiwan's Hsinchu County, has emerged as a prominent investor among her peers, according to the latest financial disclosures filed with the Control Yuan. Her stock portfolio, which includes shares in 20 different companies, is valued at approximately NT$23.18 million (US$715,000).
Among her holdings are shares in major Taiwanese technology firms such as Foxconn (Hon Hai Precision Industry) and MediaTek. Tsai explained that her investments are not solely her own but represent pooled funds from friends and family who trust her financial acumen. She began investing in the stock market before entering public service, learning from friends in the securities industry.
The stock market is hot. After observing and researching the stock market for a year, I found that AI technology is taking off, and the United States relies heavily on Taiwan for semiconductors, which has the potential to influence the US economy and the AI industry. Therefore, I believe the Taiwanese stock market is expected to continue to soar, and I have decided to officially enter the stock market recently to give it a try.
Her investment strategy involves following professional advice and closely monitoring global political and economic trends. Tsai believes that factors like US policy and the rapid development of artificial intelligence are poised to fuel continued growth in Taiwan's stock market.
While Tsai leads in terms of portfolio value, many other Hsinchu County legislators also participate in the stock market or invest in bond funds. Out of 37 county councilors, 30 have reported stock or bond fund investments. Notably, Vice Speaker Wang Ping-han and six other councilors reported no stock investments. Another councilor, Lin Ping-chun, did not submit financial disclosures.
The aforementioned disclosed data is not mine alone; it is a joint investment with relatives and friends, and some have already been sold. As for my choice of investment targets, in addition to following professional friends, I also decide by closely following the changes in international politics and economics.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.