Is TSMC Taiwan's 'one-trick pony'? Analyzing risks of over-concentration on the Taiex

Qi Wang from UOB Kay Hian expects TSMC to see $30–$40 billion in domestic inflows following the regulator’s decision to lift the single-stock investment cap from 10% to 25%. He does raise concerns about TSMC's overweighted concentration in the Taiex and even emerging market indices in the long term.