Taiwanese borrow to buy stocks in AI-fuelled frenzy
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Taiwanese borrow to buy stocks in AI-fuelled frenzy
TAIPEI, Sept 3 — As Taiwan’s stock market soared this year, real-estate worker Lucas Chen borrowed NT$5 million to buy tech shares, and within six months he had quadrupled his money. Chen is one of a growing number of people using debt to buy into the island’s stock market, which soared 59 per cent»»»
Driven by AI hype, Taiwanese turn to borrowing to buy stocks
As Taiwan's stock market soared this year, being one of the best performers in the world, real estate worker Lucas Chen moved to borrow NT$5 million ($157,330) to buy tech shares, and within six months, he says he quadrupled his money. Chen is one of a growing number of people using debt to buy int»»»
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