Taiwan Brokers Freeze Buy Orders for China Military Stocks, ETFs

Taiwanese brokers will stop taking buy orders for shares and exchange-traded funds linked to Chinese military companies, a sign of worsening tensions after Beijing conducted military drills near the island.

The measure applies to stocks and ETFs traded through the Shanghai or Shenzhen stock connect links, according to a spokesperson from the Taiwan Securities Association. Investors can continue to hold the stocks they already own, the person added.