BackForeign investors jointly raided more than 20,000 Huatong, and the stock price soared 12.24% in 3 days
Foreign investors jointly raided more than 20,000 Huatong, and the stock price soared 12.24% in 3 days
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自由时报57 minutes agoBusiness1 min readChinaView original

Foreign investors jointly raided more than 20,000 Huatong, and the stock price soared 12.24% in 3 days

Quick Look

  • Taiwan stocks closed higher in shock on Tuesday and set a new high.
  • Although foreign investors resold more than 18,000 Huatong shares, they bought more than 18,000 Huatong shares.
  • Coupled with simultaneous overbuying by investment banks, Huatong's stock price soared 12.24% in three days.

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Why It Matters

Taiwan stocks ended volatilely higher on Tuesday, with TSMC, Delta Electronics and other weight stocks leading the charge.

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Foreign investment banks joined forces to sweep over 20,000 Huatong shares, and the stock price soared 12.24% in three days.

The Taiwan stock market was timid at nearly 50,000 points. On Tuesday, the index washed up and down, fluctuating 489 points. Fortunately, TSMC, Delta Electronics, and Taiwan Optoelectronics led the charge, and financial and communication industries also joined the upward trend. The index rose all the way up. It ended up rising by 110 points, closing at 49,822 points and setting a new high. Although foreign investors resold over 66.57 100 million, but Huatong, which has more than 290,000 shareholders, bought an additional 18,300 shares today. Not only did foreign investors buy investment letters, but they also stood on the buyer side. With the two major legal persons buying more than 20,000 shares, the stock price has risen for three consecutive times, from 224.5 yuan to 252 yuan, an increase of 12.24%, and the trading volume has increased to 97,500 shares.

The top 10 stocks bought by foreign investors on Tuesday were Huatong (2313) with 18,381 shares, Taiwan Chemical (1326) with 13,370 shares, Mega Gold (2886) with 12,514 shares, Xinxing (2605) with 9,995 shares, and CITIC Financial (1326) with 13,370 shares. 2891) 9406 tickets, Nanmao (8150) 7948 tickets, Yuan Daijin (2885) 7668 tickets, Winbond Electric (2344) 7287 tickets, Kai Fund (2883) 7062 tickets, Li Cheng (6239) 6903 tickets.

Open Questions

  • Will the legal person continue to embrace Huatong in the future?
  • Can Taiwan stocks successfully break through the 50,000-point mark?

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This article was originally published by 自由时报.

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