A staff wears a protective mask to prevent the spread of the coronavirus disease (COVID-19) while at Taiwan Stock Exchange in Taipei, Taiwan, February 8, 2021. REUTERS/Ann Wang
(Reuters) - South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the subsequent demand for shares of hardware exporters in the region.
Data from stock exchanges in South Korea, Taiwan, India, Indonesia, the Philippines, Thailand and Vietnam showed foreigners purchased a net $11.74 billion worth of regional equities in May - the biggest amount since November 2022.
