European Broker with Access to Taiwan Stock Exchange

Iā€™m looking into a company on the Taiwan Stock Exchange but canā€™t find any providers in Europe offering this service except for expensive brick and mortar stockbrokers. I was hoping somebody could point me in the right direction.

Iā€™m sorry if this is looked down upon because Iā€™m asking about other brokers but this forum is about investing. Taiwan Stock Exchange is not on FT and anyway I donā€™t even have access to FT. If someone could PM that would be great.

Thanks.

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Not aware of any online broker in the UK which have access to the Taiwan market - might be worth checking if the company is dual-listed on another exchange?

Itā€™s dual listed in London and Frankfurt but the price is way offā€¦just over double. Iā€™m not sure if they just havenā€™t factored in the stock split on the European exchanges or whatā€™s the problem.

Iā€™ve asked a broker if this is the case and awaiting an answer. I havenā€™t found any info on this online. Thanks for the reply :+1:

Just chiming in to say itā€™s not ā€˜looked down uponā€™ at all! Investing is very personal and we hope the community can help each other out. :dancing_women:

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Fantastic answer Viktor. Re-affirms why I invested initially. Sure weā€™ll have everything in a few years and wonā€™t need anyone else! :stuck_out_tongue_winking_eye:

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Raises an interesting question though in terms of the plan for adding different exchanges onto the Freetrade platform. The Taipei Exchange has some really interesting biotech companies listed that I would love to be able to invest in - is there anything in the roadmap about opening up markets like this?

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I wanted to buy a stock on the Malaysian stock exchange a while ago, but only a handful of boutique UK brokers were offering Malaysian stocks and their commissions were hefty (Ā£25+) so I didnā€™t bother.

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I have found the OTC for the stock I was looking for. The LSE is the equivalent to 2 of the Taiwanese shares according to some information Iā€™ve found online. In my previous response I said they were just over doubleā€¦ that was to do with the delay on price reporting.

Just thought Iā€™d share my experience in case anyone happens to come upon this type of situation. Look to see if the OTC on a different exchange is a multiple of the Taiwanese price in USD.

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Which stock is this? Maybe we can help you research and make sure you find it.

Itā€™s Hon Hai Precision Industry Coā€¦The legal name of the entity ā€œFoxconnā€. 5G play

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If you have any insight please let me know. Wonā€™t be purchasing until end of the month so will be doing more research up until then

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Foxconn fortunes are still very much tied to Apple (iPhone) - perhaps you can consider alternative 5G plays for example Cisco or Qualcomm?

Youā€™ll find they deal with Huawei and Xiaomi too. As well of a host of names in the US. Including Cisco who you mentioned. Foxconn is not simply an ā€œAppleā€ play. I believe their Taiwanese domicile will allow them to profit where others canā€™t due to the trade war too. Each to their own.

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You can buy Taiwan Semiconductor $TSM on Freetrade. They have a narrower focus than Foxconn but their main facilities are in Taiwan rather than Shenzhen - so should be more immune to current US tariffs. Should also benefit from 5G.

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Ye Iā€™m going to buy both. Well actually I canā€™t buy any on Freetrade because theyā€™re not in Ireland yet!

I was wondering if since August 2019 anything has changed? Any UK brokers with access to the Taiwan Stock Exchange?