投資人一窩蜂買進
Recently, officials from the Taiwanese government cautioned about the risk of a significant market bubble due to the sharp rise in demand for exchange-traded funds (ETFs) in the country.
最近，台灣政府官員警告，由於台灣對指數股票型基金（ETF）的需求激增，存在著重大市場泡沫的風險。
caution(v.)告誡、提醒cautionary(adj.)警告的;告誡的sound a cautionary note敲響警鐘sharp(adj.)激烈的;急遽的exchange-traded funds (ETFs)指數股票型基金
By the end of January, Taiwan’s ETF market had skyrocketed to NT$4 trillion, marking a surge of over 60% compared to the previous year and representing 57.6% of Taiwan’s total onshore funds.
截至一月底，台灣的ETF市場已飆升至新台幣4兆元，較上一年增加了超過60%，佔台灣全部境內基金的57.6%。
surge(n.)激增;飆升compared to與～相較之下=compared withonshore funds境內基金
On March 14, Central Bank Governor Yang Chin-long addressed Taiwan’s Legislature about the ETF boom, saying that investors have been “buying like a swarm of bees.”
3月14日，央行行長楊金龍向台灣立法院就ETF熱潮發表講話，稱投資者一直「一窩蜂買進」。
address(v.)發表談話=give or deliver a speechboom(n.)(經濟上的)繁榮(期)、增長(期)a swarm of~一群
He also said that many investors are simply buying ETFs due to their popularity and the promise of high returns without fully understanding how such a pooled type of investment security behaves.
他還表示，許多投資者僅僅是因為ETF的流行和高回報而買進，而沒有充分了解這種集合型投資工具的運作方式。
gain popularity受歡迎returns(n.)回報、報酬security(n.)證券
Consequently, Yang noted that because of the bandwagon effect, market risk could be driven up, leading to a much more volatile and unpredictable market.
因此，楊金龍指出，由於從眾效應，市場風險可能會被推高，導致市場更加波動且無法預測。
consequently(adv.)因此=as a result ofbandwagon effect從眾效應jump on the bandwagon一窩蜂地跟隨volatile(adj.)波動的、不穩定的unstable(adj.)不穩定的a highly volatile personality反覆無常的個性
He therefore cautioned investors to “think calmly” before investing in ETFs.
因此，他告誡投資者，在投資ETF之前要「冷靜思考」。
caution(v.)告誡、提醒、警告(n.)警告、謹慎think twice三思
According to Super News, Taiwan’s ETF craze has been fueled by investors looking to take advantage of the Taiwan Stock Exchange’s strong recent gains resulting from the global artificial intelligence boom.
根據《超級新聞》報導，台灣的ETF熱潮是由於投資者希望利用台灣證券交易所近期在全球人工智慧熱潮中的強勁漲勢。
craze(n.)熱潮a fitness craze健身熱潮sweep-swept-swept橫掃fuel(v.)助長、刺激=stoketake advantage of利用result from源自於result in造成、導致boom(n.)(經濟上的)繁榮(期)、增長(期)
While the demand for “ETFs linked to local stocks” has “led to record-high pre-initial public offering subscriptions for several high-dividend funds,” it has also overloaded some brokerages, forcing them to stop accepting applications from new investors.
雖然對「與本地股票掛鉤的ETF」的需求已「導致了幾支高股息基金的首次公開募股前認購創下歷史新高」，但這也使一些證券公司不堪負荷，被迫停止接受新投資者的申請。
linked to與～有關pre-initial public offering subscriptions首次公開募股前認購brokerage(n.)證券公司force sb. to do sth.迫使某人做某事
The potential negative effects resulting from unchecked ETF investment have motivated Taiwan’s government to take action.
ETF投資失控可能帶來的負面影響促使台灣政府採取行動。
unchecked(adj.)(有害物)未受約束的、不受限制的、放任的motivate sb. to do sth.促使某人做某事
In addition to beginning the “financial inspections of investment trust companies” which are “responsible for issuing ETFs,” the country’s Financial Supervisory Commission has also announced that it plans to develop stricter regulations for protecting ETF investors.
除了開始對「負責發行ETF的投資信託公司」進行「金融檢查」外，台灣金融監督管理委員會還宣布計劃制定更嚴格的規定，以保護ETF投資者。
inspection(n.)檢查、稽查implement(v.)實施