
AI-generated summary
Taiwan stocks hit a record high in intraday trading on the 6th and then encountered a rallies adjustment, with the index pulling back.
After the Taiwan stock market hit a historical high of 49,968 points on the 6th, it encountered a rallies adjustment and the index pulled back all the way. On Monday (12th), popular stocks such as TSMC pulled back. The index once fell by more than 500 points, falling below 49,000. Fortunately, stocks such as optoelectronics, finance, and shipping reversed. The trend surged, the index pulled sharply, and ended up falling 11 points to close at 49,301 points. Although the Taiwan stock market had fallen for three consecutive times, RITIC invested heavily in Formosa Plastics, buying more than 43,300 shares in just three days. However, it was defeated by the market's selling trend, and the stock price opened higher and fell, closing down 0.74%.
The top 10 stocks to buy on Monday were Formosa Plastics (1301) with 19,104 shares, Formosa Plastics (6505) with 15,550 shares, CITIC Financial (2891) with 5,980 shares, Yang Ming (2609) with 4,217 shares, Yageo* (2327) 2877 sheets, Huatong (2313) 2871 sheets, Wenye (3036) 1800 sheets, Tongyi (1216) 1705 sheets, Taiwan Cement (1101) 1490 sheets, Huaxin (1605) 921 sheets.

Taiwan stocks fell 11 points to close at 49,301 points on Monday. Although foreign investors continued to sell more than 52.198 billion yuan, they bucked the trend and bought 37,200 shares of Taishin Shin Kong Gold, causing its stock price to surge 4.88% to close at 43 yuan, and the trading volume increased to 62,400 contracts.
The State Post Bureau introduced the progress of the special postal pilot project of "Express Delivery to Villages". As of the end of August, 2,939 of the 17 pilot counties had implemented "express delivery into villages" through the postal service, completing the pilot goals set at the beginning of the year and effectively smoothing the rural economic cycle.

Kyrgyzstan’s First Deputy Prime Minister Amanglidiev stated on the 12th that Kyrgyzstan is promoting electronic driving permits and introducing artificial intelligence technology in customs to improve the efficiency of cross-border freight and customs clearance, reduce corruption risks, and reduce corporate expenses.
The State Administration of Taxation of China announced on the 12th that in the first nine months of this year, tax authorities across the country stopped announcing 12,028 untrustworthy entities, of which 1,219 achieved credit repair by paying off tax fines, a year-on-year increase of 30.93%.

Formosa Plastics' fourth-quarter performance was good in the third quarter, and it is optimistic that the fourth-quarter operation will be better than the third quarter. Among them, Formosa Plastics will benefit from the peak season and China's stimulus measures, while Nanya is confident in its high-end materials layout next year, saying that next year will be better.

The Taiwan stock market ended down 11 points on Monday to close at 49,301 points. Buyers in the investment bank exceeded NT$7.124 billion, but KYEC ranked first among sellers with 5,765 shares, causing its stock price to fall by 1.48% to close at NT$300.