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Taiwan Semiconductor Manufacturing Co.'s shares rose after regulators eased the limit on how much funds can invest in a single stock.
Taiwan regulators raised the investment cap for funds in single stocks from 10% to 25%.
KEY POINTS
- TSMC is currently the only company qualifying for the new market weight investment rule.
- TSMC's market cap now exceeds 40% of Taiwan's entire stock market capitalization.
- TSMC shares surged 4.3% and boosted the Taiex index by 2.7% after the rule change.
COMPANIES
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