TAIPEI (TVBS News) — Taiwan's stock market has demonstrated remarkable resilience amid global economic turbulence, according to the head of the island's main securities exchange. Taiwan Stock Exchange Corporation (TWSE, 臺灣證券交易所) Chairman Sherman Lin expressed confidence in the market's strength during a Monday (April 28) briefing, noting it has rebounded more robustly than most global markets despite ongoing trade tensions. Lin projected the exchange itself could generate earnings exceeding NT$8 (US$0.25) per share by year-end.
The exchange chief delivered his assessment during a routine inspection by the Finance Committee (立法院財政委員會) of Taiwan's legislature, where he highlighted the market's achievement of record highs and substantial profit growth in the previous year. While acknowledging recent market corrections, Lin maintained a decidedly optimistic outlook for the remainder of 2025. He revealed that first-quarter earnings had already reached NT$2.14 (about US$0.07) per share, putting the exchange on track to potentially exceed NT$8 (about US$0.25) per share if current performance patterns hold.
Data released by the exchange underscored Taiwan's exceptional market performance, documenting a 14.27% recovery between April 9 and 25 — a rebound that substantially outpaced other global indices including the technology-heavy Nasdaq, which gained just 1.51%, and London's FTSE 100, which rose 9.58% during the same period. Lin attributed this resilience partly to broader economic restructuring, noting that the prolonged trade tensions between Washington and Beijing have accelerated a fundamental shift from globalized supply chains toward regional economic clusters.
The chairman acknowledged that Taiwan Semiconductor Manufacturing Company (TSMC, 台積電), the world's largest contract chipmaker and Taiwan's most valuable company, has made significant investments in American manufacturing facilities, triggering related supply chain companies to follow suit. Nevertheless, Lin stressed that these firms maintain their primary operations and headquarters in Taiwan, a factor he believes will preserve the island's capital markets' ability to attract investment and facilitate corporate fundraising despite the geographic diversification of manufacturing assets. ★