TAIPEI (Taiwan News) — A surge in overseas fundraising by Taiwan’s technology companies has pushed Citigroup’s Taiwan client revenue to a record high, underscoring sustained foreign investor demand even as cross-strait tensions persist.

The growth was led by investment banking activity tied to equity-linked financing, with Taiwanese firms increasingly tapping global markets for capital, per UDN. According to Citi Taiwan CEO and Citi (Taiwan) Bank Chair Chang Sheng-hsin (張聖心), overseas fundraising by Taiwanese companies has accelerated to a level unseen in roughly 10 years.

Market data cited in the report show that Taiwanese technology companies raised about NT$208.8 billion (US$6.6 billion) through equity-linked deals in 2024, which fell to about NT$158.2 billion in 2025. The figures include instruments such as convertible bonds and global depositary receipts.

Citi said foreign participation has been broad-based, with large international funds accounting for much of the demand. Some hedge funds have also taken part, seeking exposure to Taiwan’s leading technology firms, according to the report.

Despite heightened geopolitical risk around the Taiwan Strait, capital market activity has continued to support banking business. Chang said Citi has not seen a tangible impact on operations from political uncertainty, noting that demand linked to global artificial intelligence supply chains remains strong.