Taiwan Tati Cultural and Educational Foundation

Sell Your Taiwanese Stocks!

Leo Wang

Upon seeing Crystal Hsu’s business reporting on Taipei Times yesterday (July 2^nd, 2009), something alerted me greatly.

I have been following stock markets since my days as an undergrad. That’s more than 15 years ago. And I don’t remember seeing the Taiwan’s broad stock market index averaging a p/e (price to earnings) ratio over 40 times. According to Hsu’s report, Kevin Hsiao, the head of UBS Wealth Management Research Taiwan, had pointed out that that p/e ratio is the highest among all four “small dragons” of Southeast Asia. Another observation on Hsaio’s data is that Taiwan’s p/e ratio is more than twice as large comparing against all the other three small dragons (Hong Kong 18.2x, South Korea 14.7x, Singapore 15.5x) and China (14.3x) and India (16.6). Amazing.

Presenting Dr. Yang’s Poem, “The Martyred Spirits of Democracy Preside over Taiwan 228 Holy Mountain”

Leo Wang

Dear President Obama:

In this very special year, the 20th anniversary of the June 4th Tiananmen Square Massacre, I like to submit a poem commemorating this event by the Chairman of Taiwan Tati Foundation: Dr. Yang Hsu-Tung, who had been a long-time advocate of human rights, liberty and democracy…

On Iran’s Protest of Election Outcome and Referendum on ECFA

Leo Wang

On the behalf of Taiwan Tati Cultural & Educational Foundation, I would like to express concern and outrage as well as sympathy for Iranian protesters demanding a fair voting system after watching CNN reporting from Tehran last night. The headlines are troubling. We are particularly concerned about the violation of freedom of speech in that the Iranian government openly requires permission for foreign media reporting…

Dog eat dog, Aboriginal-style

Taipei Times

It might be the effects of the economic downturn, but there is something rather strange about the dwindling role of ethnicity in political discourse in recent months.

True, when cash is a problem, people tend to fine-tune their priorities and focus on what really matters — and this might help to extract nonsensical ethnic politics from day-to-day political activity.

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