Taipei Exchange Continues Its Commitment to Financial Literacy

By: Lih-Chung Chien, Chairman, TPEx Oct 2024

The multi-tiered stock markets of the Taipei Exchange (TPEx) have long attracted the interest of local retail investors in Taiwan's small and medium-sized enterprises (SMEs) and innovative companies. Currently, retail investors account for approximately 66% of all stakeholders. As a result, TPEx places a high priority on financial literacy and dedicates substantial effort to financial education through various channels, including publicity activities, courses, quizzes, contests, interactive online games and social media. These initiatives aim to enhance investors' knowledge and awareness of risk management.

To enhance investors' financial knowledge and promote new trading mechanisms and products related to the TPEx market, TPEx has been organising educational seminars throughout Taiwan. In collaboration with securities firms and securities investment trust companies, the seminars cover topics such as investment outlook, mechanisms, characteristics and trading strategies for products in the TPEx Market. These lectures allow investors to stay informed about current trends and enhance their asset allocation knowledge. TPEx has been organising educational seminars for years, offering nearly 30 courses annually to approximately 900 attendees and thousands of viewers watching the course videos.

In addition to providing financial literacy education for retail investors, it is crucial to raise awareness regarding regulatory amendments. TPEx is committed to keeping investors informed of the latest regulatory developments. For example, in May 2024, TPEx amended the regulation for filing reports on acquiring major shareholders. To draw investors' attention to this amendment, TPEx held a series of conferences and summarised key takeaways through slides, videos and frequently asked questions (FAQs). All relevant information is available on the TPEx official website.

Furthermore, TPEx is dedicated to fostering financial literacy among college students through initiatives such as campus tours and the annual "Financial Elite Camp," aimed at deepening students' comprehension of securities trading and investment risks. The rapid proliferation of communication software has brought about increased public convenience, but has also created opportunities for fraudulent activities. Various forms of fraud, including internet and social media fraud, affinity fraud and impersonation schemes, have emerged as a result. TPEx has redoubled its efforts to prevent financial scams, integrating this endeavor as a new financial education theme and emphasising investor protection. Acknowledging the online habits of young people, TPEx frequently leverages social media, podcasts and video clips to raise awareness of financial fraud and instil vigilance against scams among investors. Additionally, TPEx has developed interactive games to encourage investors to enhance their understanding of anti-scam measures. Notably, the interactive game organised by TPEx last year attracted over 53,000 participants. Lih-Chung Chien, Chairman of TPEx, said: “Financial literacy is an ongoing journey, and TPEx is committed to accompanying investors every step of the way.”


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