News / Taiwan / economic_daily
Chao Chien-ming Accused of Pressuring Children to Liquidate Stocks; Experts Offer Financial Advice
Finance · Investment Banks/Brokers · economic_daily · 2026-09-06
A dispute over a NT$23 million education fund has emerged between Chen Hsing-yu and Chao Chien-ming, prompting experts to advise on managing adult children's accounts.
What Happened
Family Financial Dispute: A controversy has erupted between Chen Hsing-yu, daughter of former President Chen Shui-bian, and her ex-husband Chao Chien-ming regarding a NT$23 million education fund. Reports suggest that Chao is pressuring their three sons to authorize the liquidation of stocks held in their accounts, raising concerns about transparency.
Account Control Regulations: According to Financial Supervisory Commission regulations, parents lose the right to manage their children's accounts once the children reach the age of 18. Experts note that the children can regain full control by visiting their brokerage firm in person to update their identity information and change their registered seals.
Expert Recommendations: Financial experts advise against granting any authorization before fully understanding the account's holdings and historical performance. The recommended course of action is to personally visit the brokerage to reset passwords and request comprehensive transaction statements and security movement records.
Protecting Asset Rights: Once the full transaction history is obtained, the account holders should verify the current value of the assets and past fund movements. Decisions regarding whether to hold, collect dividends, or liquidate should only be made after a thorough review to ensure their financial interests are fully protected.