Taiwan Stock Exchange
Okay kiddo, so the Taiwan Stock Exchange is a place where people can buy and sell parts ownership of companies that are based in Taiwan.
So you know how you have a piggy bank where you save your money? Companies can have piggy banks too, called stocks. When you buy a stock, it means you own a little piece of the company's piggy bank.
Now, when people want to sell or buy these stocks, they need a place to do it. The Taiwan Stock Exchange is that place. It's like a big market where people can trade stocks like toys at a swap meet.
It's important because when people buy and sell stocks, it affects how much the company is worth. If a lot of people want to buy a company's stocks, then the company becomes more valuable. If a lot of people want to sell a company's stocks, then the company becomes less valuable.
So, the Taiwan Stock Exchange is where people go to trade stocks from Taiwanese companies, and it's an important place because it affects how much those companies are worth.
So you know how you have a piggy bank where you save your money? Companies can have piggy banks too, called stocks. When you buy a stock, it means you own a little piece of the company's piggy bank.
Now, when people want to sell or buy these stocks, they need a place to do it. The Taiwan Stock Exchange is that place. It's like a big market where people can trade stocks like toys at a swap meet.
It's important because when people buy and sell stocks, it affects how much the company is worth. If a lot of people want to buy a company's stocks, then the company becomes more valuable. If a lot of people want to sell a company's stocks, then the company becomes less valuable.
So, the Taiwan Stock Exchange is where people go to trade stocks from Taiwanese companies, and it's an important place because it affects how much those companies are worth.