Retail leverage frenzy is also spreading in Taiwan:
Margin loans in Taiwan have surged to a record NT$600 billion ($19 billion), more than DOUBLING over the past year.
This exceeds the peak set during the Dot-Com Bubble in 2000.
At the same time, borrowings backed by stocks and ETFs have hit a separate record, with 16 billion shares pledged as collateral, a figure that has surged nearly 4 times since 2022.
The surge in margin debt over the last 12 months dwarfs even the +50% increase recorded in the final year of the Dot-Com Bubble, and exceeds the +94% rise seen recently in South Korea.
For many Taiwanese investors, this is their first time borrowing money to amplify their market bets.
Margin loans in Taiwan have surged to a record NT$600 billion ($19 billion), more than DOUBLING over the past year.
This exceeds the peak set during the Dot-Com Bubble in 2000.
At the same time, borrowings backed by stocks and ETFs have hit a separate record, with 16 billion shares pledged as collateral, a figure that has surged nearly 4 times since 2022.
The surge in margin debt over the last 12 months dwarfs even the +50% increase recorded in the final year of the Dot-Com Bubble, and exceeds the +94% rise seen recently in South Korea.
For many Taiwanese investors, this is their first time borrowing money to amplify their market bets.