Guoan Fund is going to protect the market! Taiwan index futures surged 800 points in overnight trading, and TSMC ADR also surged before the market opened.
The Taiwan stock market crashed today and ended with a 1,873-point plunge. Guoan Fund announced that it would enter the market next Monday to support the market, prompting the Taiwan Index futures to surge by more than 800 points in overnight trading, regaining the 40,000-point mark.
Quick Look
- Taiwan stocks plunged 1,873 points on Friday, falling more than 12,000 points intraday in a month.
- The National Security Fund announced that it will enter the market next Monday to protect the market and authorize the executive secretary to use funds to carry out stabilization tasks.
- As soon as the news came out, the Taiwan index futures surged by more than 800 points in night trading, regaining the 40,000-point mark.
AI-generated summary
Why It Matters
Taiwan stocks fell sharply during the session, and the National Security Fund held an extraordinary meeting to authorize entry into the market to stabilize the market.
Taiwan stocks plummeted on Friday, with Guoan Fund announcing to protect the market next week, and Taiwan index futures rose in night trading.
The Taiwan stock market crashed by 3,737 points in early trading today and ended with a tumble of 1,873 points. Based on the historical high of 49,968 points on October 6, the intraday low dropped to 37,837 points in a month, a heavy fall of 12,131 points. The market expected the government to take measures to protect the market. National Security Fund announced that it would enter the market next Monday to protect the market. In response, the Taiwan Index futures surged in night trading, rising by more than 800 points and regaining the 40,000-point mark.
Faced with a sharp drop in investment confidence, the National Security Fund held an extraordinary committee meeting at 2:30 pm today and authorized the executive secretary to use funds to carry out market stabilization tasks as appropriate.
Encouraged by the measures to protect the market, the Taiwan Index futures reversed the opening decline and once surged more than 700 points, touching 40,435 points. At 18:30 on the 6th, the Taiwan Index futures rose 832 points in night trading to 40,484 points. TSMC ADR also rose 7% before the market opened.
What to Watch
AI outlook — possibilities, not facts
Guoan Fund will enter the market next Monday to perform market stabilization tasks
Very likely · Within days
Open Questions
- What is the actual amount invested by the National Security Fund?
- Can the market continue its rebound momentum after the market opens next Monday?






