
AI-generated summary
Taiwan stocks hit a new high, led by electronics stocks. Foreign investors continued to overbuy Taiwan stocks but sold off specific stocks sharply.
Foreign capital and self-operated companies joined forces to attack AUO, causing the stock price to plummet 5.32%. (File photo)
AI continues to be popular. Led by electronic stocks such as TSMC and memory, the Taiwan stock index rose by 357 points to close at 48,157 points, setting a new high. Although foreign investors continued to buy more than 37.313 billion yuan, they backhandedly slashed their holdings of more than 620,000 shares. AUO in the East, after buying more than 480,000 tickets for two days in a row, sold 153,800 tickets today. Not only did foreign investors cut off, but self-operated dealers also sold 8,478 tickets. Affected by this, the stock price opened flat and fell, and ended up falling 5.32% to close at 34.7 yuan.
The top 10 stocks sold by foreign investors on Wednesday were AUO (2409) with 153,888 shares, Innolux (3481) with 47,830 shares, Caijing (6116) with 19,739 shares, Zhending-KY (4958) with 14,428 shares, and Lianhe Telecom (2303) 10,353 tickets, Compal (2324) 9,770 tickets, Taiwan Enterprise Bank (2834) 9,087 tickets, Nanya (1303) 8,547 tickets, New Tang (4919) 5,755 tickets, CITIC Bank (2891) 5,502 tickets.

American billionaire Melinda Gates recently revealed that she deliberately did not invest in a new startup founded by her daughter, nor did she use her connections to help raise funds. She believes that letting her daughter experience success and rejection in the fundraising process is an important part of growth and learning, which also coincides with her ex-husband Bill Gates's wealth inheritance philosophy.

The Statistics Office of the Ministry of Economic Affairs announced that the industrial and manufacturing production indexes in August hit record highs in a single month, with annual increases of 23.47% and 24.61% respectively. This was mainly due to the strong demand for artificial intelligence, high-performance computing and cloud data services, which drove the production momentum of the information electronics industry to continue to grow.

The Ministry of Finance announced that the next license plate tax for commercial vehicles in 2026 will be levied on October 1 and will be paid until November 2. Nationally, 296,118 vehicles were levied, with a tax amount of 1.24609 billion yuan, a decrease from last year. This was mainly due to the increase in electric vehicles in line with the energy transition policy and the industry's preference for low-displacement energy-saving vehicles.

The Mid-Autumn Festival is approaching, and the Economic Development Bureau of the Taoyuan City Government sent personnel to conduct random inspections of barbecue supplies in the city’s hypermarkets, hardware department stores, and general stores. Among the 193 products randomly inspected, 25 were unqualified, with a failure rate of about 13%. Among them, barbecue tongs accounted for the most 20 products. Most of the defects were due to failure to indicate relevant information in accordance with the Product Labeling Law or being in a bare package without labeling.

Federal Investment Trust has been approved by the Financial Supervisory Commission to enter the Kaohsiung Asset Management Zone. General Manager Zhuang Yaqing said that it will introduce overseas funds such as international private equity and combine existing ETF and mutual fund products to expand the layout of high-asset customers.

Chemical stock Changxing Materials announced a pre-tax profit of 269 million yuan in August, an annual growth of 28.05%, and a pre-tax profit of 0.23 yuan per share. The cumulative pre-tax profit from January to August was 2.295 billion yuan, an annual increase of 37.31%, mainly due to the optimization of product mix and the heating up of shipments of advanced semiconductor packaging materials.