Retail investors are determined to enter the market again! Today’s listing financing increased by 5.863 billion yuan
Quick Look
- Driven by the protection of the National Security Fund and the rebound in fees and expenses, the weighted index of Taiwan stocks rose by more than 2,600 points.
- Although foreign investors continued to oversell and expand short futures orders, retail investor confidence stabilized slightly.
- The balance of listed financing increased by 5.863 billion yuan today, without any uncontrollable surge.
AI-generated summary
Why It Matters
Taiwan's stock market experienced its worst collapse in history last Friday, leading to a large number of financing cut-off and recovery orders being issued. Today, there was a technical rebound under the influence of Guoan Fund's support and the rebound of Philadelphia Semiconductor.
Today’s listing financing increased by 5.863 billion yuan.
With the National Security Fund entering the market for the tenth time to protect the market and the short-limit order, and Philadelphia Semiconductor rebounding 4.21% last Friday, Taiwan stocks rebounded from a deep decline. The weighted index once surged by more than 2,600 points, hitting the 42,000-point mark, setting the second highest point in history. However, the reason for today's surge is not due to foreign investment. Foreign investors were short on Taiwanese stocks today during both the duration and spot markets. Taiwanese stocks were sold wildly for 90.05 billion yuan in a single day. Futures were further shorted to a record high of 101,700 lots. The New Taiwan dollar also depreciated. According to the latest after-hours data, listing financing increased by 5.863 billion yuan today, and OTC financing increased by 164 million yuan.
Last Friday, the Taiwan stock market suffered its most severe collapse in history, falling 3,737 points at one point. Financing suspension and recovery orders were issued, with a total of 3,382 accounts being recovered. Most retail investors in Taiwan stocks chose to self-indulge, and listing financing dropped by 42.356 billion yuan. OTC financing dropped significantly by 14.062 billion yuan, and listed OTC financing decreased by 56.418 billion yuan, the largest amount in history. Today, Taiwan stocks rebounded, and retail investors entered the market again. However, listed financing only increased slightly by 5.863 billion yuan, and did not increase out of control.
Open Questions
- Will foreign investors continue to expand short futures orders in the future?
- Will retail financing balances rebound further?
