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BackTo stabilize the Taiwan stock market, National Security Fund will enter the market next Monday and hold an extraordinary meeting to initiate the 10th round of market protection.
To stabilize the Taiwan stock market, National Security Fund will enter the market next Monday and hold an extraordinary meeting to initiate the 10th round of market protection.
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自由时报1 hour agoBusiness2 min readChinaView original

To stabilize the Taiwan stock market, National Security Fund will enter the market next Monday and hold an extraordinary meeting to initiate the 10th round of market protection.

The National Security Fund is authorized to carry out market stabilization tasks starting from November 9. Ruan Qinghua hopes that the fund size will be relaxed to 1 trillion yuan

Quick Look

  • Taiwan stocks fell below the 40,000-point mark, and the National Security Fund launched its tenth round of market protection, authorizing the implementation of market stabilization tasks starting from November 9.
  • Executive Secretary Ruan Qinghua said that in the past, the actual amount that could be used to protect the market was only 200 billion yuan, and he hoped that the Legislative Yuan would agree to relax it to 1 trillion yuan.
  • Taiwan stocks fell a total of 5,510 points this week, a drop of 12.

AI-generated summary

Why It Matters

Guoan Fund has entered the market to protect the market in the past nine times, eight of which have made profits. The second time it entered the market in October 2000, it invested more than 120 billion yuan, the most. The last time the market was protected was in April 2025, the market was protected for a total of 279 days, the longest in history. This was mainly in response to Trump's tariff policy, which triggered a global stock market crash.

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Taiwan's stock market suffered an epic crash yesterday, falling below the 40,000-point mark. The National Security Fund launched its tenth round of market protection and has been carrying out market stabilization tasks since November 9. (Photo by reporter Tian Yuhua)

[Reporter Zheng Qifang/Reported from Taipei] The National Security Fund launched its tenth round of market protection! The results of the U.S. midterm elections triggered doubts about AI investment. U.S. stocks and Asian stocks fell simultaneously, and Taiwan stocks fell more than 20% from this year's high. The National Security Fund held an extraordinary meeting yesterday afternoon, taking into account the continued overselling of foreign capital, the obvious lack of market investment confidence, and the still high uncertainty of the international political and economic situation, and decided to authorize the implementation of market stabilization tasks starting from November 9.

Ruan Qinghua: Hope the capital scale will be relaxed to 1 trillion

The National Security Fund has 500 billion yuan in available funds. Nguyen Ching-hua, deputy minister of the Ministry of Finance and executive secretary of the National Security Fund, said that in the past, only borrowings from financial institutions were used to protect the market, and the actual available amount was only 200 billion yuan. Now the trading volume of Taiwan stocks frequently exceeds one trillion yuan, and 200 billion yuan is difficult to operate. He hopes that the Legislative Yuan will agree to relax the fund scale to one trillion yuan. He said that he would do his best to stabilize the stock market. "Some people are deliberately shorting and killing, so we will put on a short squeeze show."

Guoan Fund stated that Taiwan stocks fell a total of 5,510 points this week, with a low of 37,837 points and a closing of 39,701 points yesterday, down 20.0 points from this year's high of 49,968 points. 55%, Taiwan stocks fell by 12% this week. 19%, second only to the fee half-fall of 15%. 7%. In October, foreign investors sold more than 994.3 billion yuan in total, the highest single month in history. So far in November, they have sold more than 524.4 billion yuan, deepening the decline of Taiwan stocks.

Guoan Fund said that the fundamentals of my country's economy are good, but Taiwan's stocks are dominated by high-tech stocks, which are closely linked to consumer prices, resulting in simultaneous declines in Taiwan's stocks and a clear lack of short-term market confidence. This is in line with "major domestic and foreign events and large movements of international funds, which have significantly affected public confidence, causing disorder in the capital market and other financial markets or threatening national stability." Therefore, the decision was made to authorize entry.

Guoan Fund has entered the market to protect the market in the past nine times, and eight of them have been profitable. The second time it entered the market in October 2000, it invested more than 120 billion yuan. The most recent time to protect the market was in April 2025, with a total of 279 days of protection, the longest in history. This was mainly in response to Trump's tariff policy that triggered a global stock market crash.

What to Watch

AI outlook — possibilities, not facts

  • The Legislative Yuan will review the proposal to expand the size of the National Security Fund to 1 trillion yuan

    Likely · Within days

  • Guoan Fund will enter the market from November 9 to carry out market stabilization tasks

    Very likely · Within days

Open Questions

  • Does the Legislative Yuan agree to expand the size of the National Security Fund to one trillion yuan?
  • The specific start time and capital investment scale of the market protection action
  • Will the Taiwan stock market be able to stabilize above 40,000 points in the future?

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This article was originally published by 自由时报.

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