Global investors flocking to Taiwan as China, technology concerns fade

Hong Kong

GLOBAL investors can't get enough of Taiwan.

Overseas funds poured US$5.4 billion into the island's equities last month, taking inflows for the year to US$11.6 billion and making Taiwan the most popular destination for investors among nine Asian markets tracked by Bloomberg. That's helped send both the benchmark stock gauge and the currency to one-year highs.

Fuelling gains are bets that the imminent release of Apple Inc's iPhone 7 will boost profits at Taiwan supplie…