Taiwan stocks soared 1,960 points, second in history! The investment banker bought 26.7 billion but backhandedly slashed more than 10,000 "this lot" tickets
Quick Look
- Taiwan stocks surged 1,960 points on Monday, the second-largest gain in history, spurred by strong gains in the fee-half index and support from the National Security Fund.
- Although the investment bank bought more than 26.749 billion yuan, it sold more than 10,000 shares of China Airlines.
- However, China Airlines' stock price bucked the trend and rose 2.59% to close at 21.75 yuan.
AI-generated summary
Why It Matters
Taiwan stocks rebounded after experiencing an epic plunge, driven by the strong rise in the fee half index and the entry of Guoan Fund to protect the market.
After the Taiwan stock market experienced an epic plunge, the fee-based semi-index surged by more than 4% last Friday. With the National Security Fund entering the market to protect the market, Taiwan stocks soared on Monday (9th) with TSMC leading 1,536 companies. The final index closed up 1,960 points, a record high. The second largest company, although Investment Bank continued to support Taiwanese stocks, buying more than 26.749 billion yuan, it made a heavy move on China Airlines, cutting off more than 10,000 tickets. Fortunately, with the support of investors, the stock price did not fall but rose. It ended up rising by 2.59% to close at 21.75 yuan.
The top 10 stocks sold by Investment Trust on Monday were China Airlines (2610) with 10,191 shares, Taiwan Cement (1101) with 6,960 shares, Far East New (1402) with 6,824 shares, Uni-President (1216) with 4,302 shares, and Chung Hua Electronics (1101) with 6,960 shares. 2412) 3577 pieces, Qiangmao (2481) 3281 pieces, Zhengxin (2105) 1544 pieces, Yuanzhuan (4904) 972 pieces, He Shentang (3026) 790 pieces, Yichuan (2486) 687 pieces.
Open Questions
- Why did Investment Trust sell a large amount of traditional industry stocks such as China Airlines?
- Can Taiwan stocks continue to rebound in the future?
