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BackTaiwan stocks are approaching 50,000 points! Netizens laugh at themselves, "The index is higher than the monthly salary." Data from the Accounting and Accounting Office confirms it.
Taiwan stocks are approaching 50,000 points! Netizens laugh at themselves, "The index is higher than the monthly salary." Data from the Accounting and Accounting Office confirms it.
NEWS
自由时报1 hour agoBusiness2 min readChinaView original

Taiwan stocks are approaching 50,000 points! Netizens laugh at themselves, "The index is higher than the monthly salary." Data from the Accounting and Accounting Office confirms it.

Quick Look

  • The weighted index of Taiwan stocks surged 1,236 points on the 5th to close at 49,712 points, approaching the 50,000-point mark.
  • Netizens' self-deprecating index is higher than their monthly salary.
  • The average regular salary of all employees announced by the Accounting and Accounting Office is 49,054 yuan, and the median is 39,341 yuan, which resonates with office workers.

AI-generated summary

Why It Matters

The Accounting General Office announced that the average regular salary of all employees from January to July this year was 49,054 yuan, and the median was 39,341 yuan.

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Taiwan stocks closed at 49,712 points on the 5th. (Photo by reporter Zhang Jiaming)

[Financial Channel/Comprehensive Report] Taiwan stocks have experienced an astonishing rise. The weighted index rose 1,236 points on the 5th and closed at 49,712 points, approaching the 50,000-point mark. Alternative discussions also appeared on the community. Some netizens couldn't help but laugh at themselves when they saw the Taiwan stock market approaching 50,000 points. "The index is already higher than my monthly salary," unexpectedly expressing the feelings of many office workers. If compared with the latest official salary statistics, this joke really "makes sense".

Taiwan's stock market has continued to hit new highs recently, with the 50,000-point mark just around the corner, making "stock market points" and "monthly salary of office workers" unexpectedly become topics of conversation. Some netizens lamented that the market index was already higher than their monthly salary, while others laughed and said that while watching the Taiwan stock market surge towards 50,000 points, their salary could not keep up with the index's rise.

According to the salary statistics from January to July this year recently released by the General Accounting Office, the average monthly recurring salary of all employees was 49,054 yuan, an annual increase of 2.94%. If we change the view to the "median" that better reflects the salary level of most office workers, the median recurring salary during the same period was 39,341 yuan, an annual increase of 3.06%.

In other words, the regular salary of half of the employees is less than about NT$39,300. Compared with the closing price of the Taiwan stock market today at 49,712 points, it is no wonder that "the Taiwan stock index is higher than the monthly salary" is particularly felt by many office workers.

Open Questions

  • 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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