The Taiwan Monthly

Aug. 2019

Trading Policies

Competitive Auction Bids Grew 60% for the First-Half

The average number of bids from 18 IPO competitive auctions reached 1,863 during the first half of this year, growing 60% compared with 2018. The total number of biding shares in the same period of 2019 amounted to 489,742,000 shares, which was over five times the amount for offering. The active demand was mainly driven by the strong performance of the IPO companies and the sound fundamentals of the Taiwan capital market.


To facilitate foreign investor participation in IPOs, the TWSE launched the English version of the Competitive Auction System last year and continues to make the system more user friendly. Additional information as well as FAQs can be found on


For further inquiries, please contact Mr. Tsai at