Response of the Office of International Corporate Finance
Division of Corporation Finance

September 3, 2019

James C. Lin
Davis Polk & Wardwell
Hong Kong Solicitors
The Hong Kong Club Building
3A Chater Road
Hong Kong

Re: Taipei Exchange Main Board and Taipei Exchange Bond Market
Request under Rule 902(b)

Dear Mr. Lin:

We are responding to your request dated August 29, 2019. Unless otherwise noted, capitalized terms in this letter have the same meaning as in your request.

Based on the facts presented, the Division of Corporation Finance, acting for the Commission pursuant to delegated authority, designates the Taipei Exchange Main Board and the Taipei Exchange Bond Market as a “designated offshore securities market” within the meaning of Rule 902(b) of Regulation S under the Securities Act of 1933.

This designation is based on the representations made to the Division in your request. Any different facts or conditions might require the Division to reach a different conclusion. Further, this response does not express any legal conclusion on the question presented or any views on any other questions that the designation may raise.