Huang Renxun secretly ate something big! The U.S. stock market fluctuated by 21 trillion yuan in 7 minutes. The Internet was anxious and asked "one thing"

[Financial Channel/Comprehensive Report] Huang Renxun, CEO of Huida, confessed to extramarital affairs, causing an uproar from all walks of life. After the news came out, Huida's share price fell by about 3.7% on the Robinhood trading platform on Sunday night in New York time. In response, many investors were worried about whether the storm would further impact Huida's share price and even affect Taiwan stocks. Some investors couldn't help but ask: "Should I sell Huida shares?"

According to statistics from The Kobeissi Letter, a market analysis agency, U.S. stock futures opened at 6 p.m. Eastern Time on November 8 (7 a.m. on November 9, Taiwan time). This was also the first trading session after Huang Renxun admitted that he was unfaithful to his wife and Huida's board of directors announced the launch of an independent investigation.

Unexpectedly, just one minute after the opening, the S&P 500 futures suddenly fell sharply, and the corresponding market value once evaporated by about 300 billion US dollars (about NT$9.8 trillion); however, by 6:07 pm (7:07 am on November 9, Taiwan time), the decline had been fully recovered, and the futures index even turned from falling to rising, corresponding to an increase of about 350 billion US dollars (about NT$11 trillion) in market value.

In other words, in just 7 minutes, the corresponding market value of S&P 500 futures fluctuated violently by approximately US$650 billion (approximately NT$21 trillion), and the market reaction was quite violent.

Some netizens said, "This proves that Wall Street only cares about how much money you make", "The market only cares about what the woman (Huang Le) poached, Huida's position is still irreplaceable", "Even if Huida maintains its current status, it will be difficult to shake it in at least 5 to 10 years." Some even asked jokingly: "Are the prices of graphics cards going to be reduced?"

However, some netizens hold different views and believe that the market may not care about Huang Renxun's personal life at present, but if it is later confirmed that important secrets or technical information have been leaked to China, it may not be just a simple extramarital affair, but may further impact Huida's corporate reputation and market confidence.

As for whether this turmoil will affect Taiwan stocks, it has also triggered heated discussions among netizens. Some people said that "it seems that Guoan Fund is slightly better at the moment", but some netizens believe that the impact may not be small. They bluntly said, "I am trembling with financing that has not yet been cut off" and "No, but don't be too optimistic. It may not be that easy to get through it all the way."

The Taiwan stock market has been volatile recently. In order to stabilize the market, Guoan Fund announced its authorization to enter the market last Friday and implemented the market protection for the 10th time in history. Market confidence has been greatly boosted. Taiwan stocks rose by more than 2,600 points during the session today, the second largest intraday gain in history. However, amid the surge, adjustments were released and the index's gains converged. However, 1,536 stocks soared simultaneously, ending the day with an increase of 1,960.06 points, the second largest increase or decrease in closing history, closing at 41,661.7 points with a trading volume of 837.9 billion yuan.