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Taiwan’s Yang Cautions Against Borrowing to Buy Red-Hot Stocks

Taiwan’s Yang Cautions Against Borrowing to Buy Red-Hot Stocks
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Taiwan’s Yang Cautions Against Borrowing to Buy Red-Hot Stocks Taiwan’s central bank chief has warned investors of the risk of borrowing to invest in the island’s red-hot stocks, which have been surging on global demand for tech products at the heart of the AI boom. “I can only say that we hope investors do not use excessive leverage in their investments,” Governor Yang Chin-long said when reporting to lawmakers on Thursday, adding that the stock market as a whole has solid fundamentals.

Taiwan’s Yang Cautions Against Borrowing to Buy Red-Hot Stocks Taiwan’s central bank chief has warned investors of the risk of borrowing to invest in the island’s red-hot stocks, which have been surging on global demand for tech products at the heart of the AI boom. “I can only say that we hope investors do not use excessive leverage in their investments,” Governor Yang Chin-long said when reporting to lawmakers on Thursday, adding that the stock market as a whole has solid fundamentals.
Taiwan (LOCATION) Yang Cautions (PERSON) AI (ORG) Yang Chin-long (PERSON)
Originally published by Bloomberg Markets Read original →