Although listed OTC financing dropped significantly on the 5th, the content is disturbing, and popular ETF financing continues to increase
Quick Look
- Taiwan stocks fell sharply on the 5th, and the balance of listed financing decreased by more than 20 billion yuan.
- However, the financing of many popular ETFs has increased against the trend, indicating that investors are trying to share the bargain; on the other hand, the financing of inverse ETFs has significantly decreased due to profit-taking.
AI-generated summary
Why It Matters
Taiwan stocks fell sharply on the 5th, resulting in significant changes in market financing balances.
Taiwan stock listing financing dropped by more than 20 billion yuan on the 5th, but financing for many popular ETFs bucked the trend and increased sharply.
Taiwan stocks fell sharply yesterday (5th), and financing finally showed a significant reduction. Listed financing decreased by 20.537 billion yuan, and OTC financing decreased by 5.644 billion yuan. However, a closer look at the ranking of the number of financing increases and decreases made the market uneasy.
Yesterday, the top five ETFs with the most increased number of listings were still popular ETFs, including Active CITIC Taiwan Income (00406A), which increased by nearly 20,000 units, Qunyi Taiwan Weighted Positive 2 ETF (00685L), which increased by 12,000 units, and Active Unified Taiwan Stock Growth (00981A), which increased by nearly 20,000 units. An additional 4,921 shares were added, and the Active Unified Upgrade 50 (00403A) increased by 4,794 shares. The share prices of these four ETFs all fell by more than 6% yesterday. Investors still entered the market to share the bargains. Yesterday, the Yen Taiwan 50 (0050) financing also increased by more than 4,000 shares, ranking fifth.
As for the top five ETFs with a decrease in listed financing, 4 of them were anti-1 ETFs. In other words, the decrease in financing of these ETFs was due to profit-taking exits, rather than a cut-off or self-destruction, because 3 of the ETFs closed in the red, and one closed with a small drop.
The first place that decreased was the Futures S&P Crude Oil Inverse 1 ETF (00673R), which decreased by 16,000 contracts, followed by Cathay Taiwan Weighted Inverse 1 (00664R) decreased by 15,000 shares, Qunyi Taiwan Weighted Reverse 1 (00686R) decreased by 8,385 shares, the only stock was Innolux (3481), which decreased by 7,088 shares, and Fubon NASDAQ Reverse 1 (00671R) decreased by 5,604 shares.
Open Questions
- Will subsequent market financing continue to decrease?
- Is the investor’s strategy of splitting the bargains effective?
