Asia’s fourth largest emerging stock market, Taiwan, is in talks with the region’s largest – Japan – to cross-list its exchange-traded funds, Bloomberg reports. The two bourses have been in discussions since 2008, making any deal before the end of this year unlikely according to Taiwan Stock Exchange’s Senior Vice-President, Michael Lin (pictured). ETFs are gaining in popularity, with Blackrock reporting a 34.1 per cent climb in Asia ex-Japan as at end-May. Taiwan is naturally keen to increase its investor audience and also plans to list ETFs in Shanghai, having already successfully cross-listed with Hong Kong