Taiwan says to let Chinese investors hold more 'F' shares

TAIPEI (REUTERS) - Taiwan will allow Chinese investors to hold up to 50 per cent of foreign-registered companies traded in Taiwan this year from 30 per cent currently, the top financial regulator said on Monday, in the latest sign of warming business ties across the Taiwan Strait.

William Tseng, chairman of the Financial Supervisory Commission, made the comments on the sidelines of a business event. Such shares are called "F-shares".

Trade ties with China have gathered steam since President Ma Ying-jeou took office in 2008.