The National Security Fund is about to enter the market! More than 66.7 billion was spent in the first two times to support the market. These stocks were on the list
Guoan Fund announced the launch of the 10th market protection in history. Looking back on the 8th and 9th operations, a total investment of 66.7 billion yuan was made and all profits were made.
Quick Look
- Taiwan's stock market has been experiencing violent fluctuations recently, and Guoan Fund announced the launch of its 10th time in history to support the market.
- Looking back at the 8th and 9th times of market protection, Guoan Fund invested a total of 66.7 billion yuan, and the final net profits reached 11.296 billion yuan and 9.932 billion yuan respectively, with TSMC being the main source of profit.
AI-generated summary
Why It Matters
In order to stabilize the stock market, Guoan Fund activates a protective mechanism when the market fluctuates violently. The past two times of support have resulted in significant net profits.
Taiwan's stock market has been experiencing severe fluctuations recently. On November 6, National Security Fund announced the launch of its 10th time in history to support the market. Looking back on the previous two market protections, Guoan Fund invested a total of 66.7 billion yuan, buying 15 and 8 stocks respectively, with final net profits reaching 11.296 billion yuan and 9.932 billion yuan respectively. Which stocks it bought in the past have also become the focus of market attention.
Guoan Fund's eighth protection lasted for 275 days from July 13, 2022 to April 13, 2023, with a total investment of 54.508 billion yuan. It liquidated all its holdings on December 25 of the same year, with a final net profit of 11.296 billion yuan.
According to the information disclosed by Guoan Fund, a total of 15 stocks were purchased during the 8th round of protection, including TSMC, MediaTek, Delta Electronics, Quanta, Hon Hai, ASE Investment Holdings, Fubon Gold, Cathay Gold, Yushan Gold, CITIC Gold, Uni-President, Formosa Plastics, Nanya, Taiwan Chemical and Formosa Plastics. Among them, 12 stocks were profitable and 3 were losses. TSMC alone made a profit of 9.078 billion yuan in plus cash dividends.
As for the ninth round of market support, it was in response to the reciprocal tariff measures of the U.S. Trump administration that impacted the global stock market. The National Security Fund entered the market from April 9, 2025 to January 12, 2026. It protected the market for 279 days, setting a new historical record, with an investment cost of 12.25 billion yuan, and a final net profit of 9.932 billion yuan.
The ninth round of market support focused on buying 8 stocks, including TSMC, Hon Hai, ASE Investment Holdings, Delta Electronics, MediaTek, Quanta, Fubon Financial and Formosa Plastics. All 8 stocks made profits, of which TSMC made a total cash dividend profit of 7.772 billion yuan, which was the largest source of profit.
What to Watch
AI outlook — possibilities, not facts
Guoan Fund will continue to enter the market to protect the market
Very likely · Within months
Open Questions
- What are the specific investment amounts and targets for this 10th round of protection?
- What is the expected end time of the support?




