Business & Finance
Taiwan’s Yang Cautions Against Borrowing to Buy Red-Hot Stocks
Key Points
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.