From Investing.com:

Investors are preparing for Taiwan’s election on January 13, which has added focus on the chip sector. Tensions with China are high, with the Taiwan stock market performing strongly in 2023. If the ruling DPP wins, experts expect short-term stock and currency sell-offs, especially in chip and tech stocks. Meanwhile, a KMT victory could result in a stronger Taiwan dollar and rising shares. Regardless of the outcome, investors are likely to remain cautious. ($1 = 31.1090 Taiwan dollars)



Read more: Markets gird for volatility as Taiwan heads to vote By Reuters