‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock Rally


For many Taiwanese, it’s their first time borrowing money to amp their bets.“FOMO really got me,” Ada Hung said. Hung, 39, is part of the rapidly expanding community of social-media influencers who dole out stock tips in Taipei. Posting under the handle Banini, she’s up to nearly half a million followers.For years, she had refused to go into debt to goose returns but as she watched the market spike higher, day after day, and saw friends raking in far more than she was, she gave in to temptation and took out a NT$5 million ($158,302) loan in May. Better “to chase the opportunity,” she figured, “than let it slip away.” 



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