
AI-generated summary
The fierce decline in U.S. stocks triggered a global stock market crash. Taiwan stocks plummeted by more than 3,000 points at the opening today, and the weighted index fell below 40,000 points. When President Lai Ching-te attended the ITF Taiwan International Travel Exhibition, he delivered a speech on the new political situation arising after the U.S. midterm elections and its impact on the financial market.
Taiwan stocks plummeted by more than 3,000 points as soon as they opened this morning (June 6), with the weighted index falling below 40,000 points, triggering panic among investors. The U.S. stock market fell sharply, triggering a global stock market crash.
President Lai Ching-te attended the ITF Taiwan International Travel Show in the morning and delivered a speech. He then went to the Taiwan Railway Corporation, Taiwan High Speed Rail Corporation and various booths to greet and take photos with tourism industry operators. When Lai Qingde visited the "American Pavilion", he mentioned the U.S. midterm elections and the stock market situation.
He said that this year (ITF International Travel Fair) is very rare, and the United States has a special station for the exhibition. "The midterm elections in the United States have just ended, creating a new political situation, so the financial market has some reactions, which is to be expected."
Lai Ching-te said that the pace of the world entering the era of artificial intelligence will not change, and the continued development of Taiwan's technology industry can be expected in the future. "So the changes in the financial market in the past two days, please don't panic. The government will pay close attention to every change and introduce policies at the same time so that the entire financial market can stabilize as soon as possible."
AI outlook — possibilities, not facts
The government will introduce policies to stabilize financial markets
Likely · Within days
During the e-commerce peak season, the sale of ultra-low-price travel cards in live broadcast rooms caused a large number of consumer disputes. After purchasing, consumers found that the store was removed from the shelves, the merchant lost contact, and refunds even required 36 installments. Experts pointed out that low-price promises are not economically feasible and suggested that such products be regulated as prepaid products. Platforms should bear joint and several liability and explore mechanisms to assist law enforcement across jurisdictions.

Affected by international stock markets, Taiwan stocks plunged more than 3,000 points during the session on the 6th. Peng Jinlong, chairman of the Financial Supervisory Commission, said that Executive Yuan Zhuo Rongtai has issued instructions and will announce rescue measures in the afternoon, and outsiders are judging that an air restriction order may be issued. Peng Jinlong emphasized that Taiwan's economic fundamentals are intact and called on investors not to panic excessively.

After the U.S. midterm elections, the Democratic Party, which advocates slowing down the development of AI, won the election, triggering a sharp sell-off in global technology stocks. Nasdaq fell more than 5.5%, evaporating approximately US$2.5 trillion in market value; chip stocks such as Huida, TSMC, and SK Hynix plummeted, and Asian and European stock markets fell simultaneously. The market is worried that the return on investment in AI infrastructure and the construction of data centers may be limited.

ING analysis pointed out that the overall trade deficit of the United States in September reached 105 billion US dollars, of which the deficit in technology products was 64 billion US dollars, accounting for about 61%. With the construction of data centers, imports of technology products have surged, benefiting exporting countries such as Taiwan and South Korea, while net exports have been a drag on U.S. economic growth.

Taiwan stocks plummeted more than 3,700 points today, once falling below the 40,000 mark. Moore Investment Consulting Chief Investment Officer Guo Zherong said that he bought another 50 million yuan of 0050, which together with the previous two times spent a total of 200 million yuan, and predicted that the chance of Taiwan stocks breaking 50,000 points by the end of the year is more than half.

U.S. stocks plummeted on Thursday, with the Dow Jones down 3.44%, the Nasdaq down 5.52%, and the S&P 500 down 4.36%. The disaster extended to Asia, with Taiwan stocks plummeting, the Nikkei index falling as much as 4,000 points in early trading, and South Korean stocks falling 8% during the session, triggering the circuit breaker mechanism. The market is worried that after the Democratic Party wins control of the U.S. Congress, AI construction supervision will be stricter, data center construction will slow down, and the decline of technology stocks will expand.