Taiwan's Taiex index inched up by 4.79 points, or 0.1%, to 5, 210.84.

FORBES: Magazine Article

Whenever the main index of the Taiwan Stock Exchange nears 6200--widely seen as the average holding cost for government-backed funds that entered the market last year--local investors try to get out before the government-related investors begin to sell.

FORBES: One China, Many Choices

Well, China, India, South Korea and Taiwan account for about half of that index.

FORBES: How To Balance A Balanced Fund

Unlike most of their Asian neighbours, which have large government holdings or shares held in family pyramid structures, South Korea and Taiwan will probably earn higher weightings in the index.

ECONOMIST: Asia’s rollercoaster rides | The

The China Shanghai Composite Index fell 2.7% to 2308.55 and Taiwan's Taiex was the region's worst performer, down 3% to 6894.66, as global growth concerns were compounded with fears that unpopular capital-gain tax proposal will be pushed through the legislature in the next few days.

WSJ: U.S. Data Dog Asia Markets

Elsewhere in the region, Taiwan's Taiex added 0.1% to 8029.74 and Singapore's Straits Times Index was up 0.3% at 3358.

WSJ: Asian Shares Up; Banks Shine in Sydney