Collector:Taiwan Stock Exchange (TWSE)

Exhibit Info

For promoting the policy of “Land to the tiller”, the government issued land bonds on January, 1953 and provided stocks of four public enterprises, namely, Taiwan Cement, Taiwan Paper, Taiwan Tea and Taiwan Industry & Mining as compensation for enforcement of purchasing the land. The land bonds, stocks and the patriotism bonds began to circulate in the market. Agency trade began to appear in the market. It’s hard to supervise those agents due to the scattering trading offices, and thus brought many trading malpractices. In order to supervise the securities trading efficiently, the government began the discussion of the establishment of stock exchange. The promoters’ meeting for the establishing stock exchange was held on October 23rd, 1961. The board of directors and supervisors meeting was also held at the end of the same month and Mr. Koo Chen-Fu was elected as the first Chairman of TWSE. Mr. Yuan Ze-Liu was employed as President and Mr. Tsai Tung-Yu was the Vice President. The petition for TWSE was approved and TWSE was officially established and opened for business on February 9, 1962.

Size

Year

1961

Material

Category

Photos