Copper foil substrate Lianmao has accumulated 5 warnings! "Catch and clear" as soon as the day after tomorrow
Taiwan stocks plunged below 45,000 points, and Lianmao was sold by foreign investors for 6 days in a row, falling more than 25.8%
Quick Look
- The Taiwanese stock market recently fell below 45,000 points.
- Copper foil substrate manufacturer Lianmao was sold off by foreign investors in recent days.
- The share price fell from a historical high of 885 yuan to 656 yuan, a drop of 25.8%.
AI-generated summary
Why It Matters
Taiwan stocks have recently retreated from historical highs, and Lianmao's stock price has plummeted due to continuous overselling by foreign investors.
Copper foil substrate Lianmao will enter into separate disk processing as soon as the day after tomorrow. (Photo by reporter Zhuo Yijun)
[Reporter Zhuo Yijun/Report from Taipei] The Taiwan stock market has been falling recently. In less than a month, it plunged about 5,000 points from a record high of nearly 50,000 points at 44,968.92 points, falling below the half-year line. Today it fell below the 45,000 point mark. Many stocks have bottomed out. Copper foil substrate Lianmao (6213) has been hit by foreign investors. The daily sales were huge, from the all-time high of 885 yuan on October 22 to today's closing price of 656 yuan, a drop of 25.8%. Foreign investors sold as many as 14,148 shares for 6 consecutive trading days. According to the latest announcement from the stock exchange, Lianmao has received 5 warnings in the past 10 trading days, and may enter a 2-minute split as soon as the day after tomorrow.
Due to the continuous increase in copper foil substrate prices and the substantial increase in the proportion of high-end CCL shipments, Lianmao's profits have grown astonishingly in the second half of the year. In September alone, Lianmao earned more than the second quarter. Lianmao is making every effort to expand production to meet customer demand, and its operations are expected to continue to maintain high levels in the next two to three years. Rapid growth, high-end copper foil substrate orders are not visible until 2029. Products using M9 grade materials with Q cloth are expected to increase in volume in 2027. Samples of the latest M10 grade materials have begun. In the future, copper foil substrates will continue to increase prices in response to increased costs.
What to Watch
AI outlook — possibilities, not facts
Lianmao enters into sub-disposal
Likely · Within days
Open Questions
- When will Lianmao officially enter the division process?
- Will the overselling of foreign capital continue?
