The biggest overselling in the history of foreign investment! "This stock" was slashed over 90,000 shares and its stock price plummeted 6.76%, leaving 640,000 shareholders heartbroken.
Asian stocks plummeted across the board on Thursday, with foreign investors selling Taiwanese stocks exceeding NT$302.555 billion, setting a record. The final index fell by 1,655.96 points, with Power Semiconductor being the biggest sufferer.
Quick Look
- Asian stocks plummeted across the board on Thursday, with Taiwan stocks slashed by 302.555 billion yuan from foreign investors, the largest oversold in history, and ended the day down 1,655.96 points.
- Power Semiconductor Manufacturing Co., Ltd., which has more than 640,000 shareholders, lost more than 90,000 shares, and its stock price fell 6.76% to close at 66.2 yuan.
AI-generated summary
Why It Matters
Asian stocks plummeted across the board on Thursday, causing foreign investors to oversell Taiwanese stocks to a record high.
The largest sale in the history of foreign investment exceeded 302.5 billion! Over 90,000 shares of Power Semiconductor were slashed, and the stock price fell 6.76%. (File photo)
[Financial Channel/Comprehensive Report] Asian stocks fell sharply on Thursday (15th). Not only did the Korean stock market once fall by nearly 10%, the Nikkei also fell by more than 3,600 points, while the Taiwanese stock market was sold by foreign investors for 302.555 billion yuan, the largest overselling in history, and the final index fell by 16 55.96 points, the sixth-largest closing point, and Power Semiconductor Manufacturing Co., Ltd., which has more than 640,000 shareholders, became the biggest sufferer. It sold more than 90,000 shares as soon as it was sold. Affected by this, the stock price fell 6.76% to close at 66.2 yuan, and the trading volume increased to 150,100 shares.
The top 10 stocks sold by foreign investors on Thursday were Power Semiconductor (6770) 90,766 shares, Formosa Plastics (1301) 50,954 shares, Wistron (3231) 42,605 shares, Nanya (1303) 40,562 shares, and UMC (2303) 3 9,208 tickets, Innolux (3481) 38,718 tickets, TSMC (2330) 34,111 tickets, Huaxin (1605) 31,645 tickets, Taihua (1326) 28,645 tickets, Guoqiao (1312) 27,020 tickets.
Open Questions
- Will foreign investors continue to oversell Taiwanese stocks in the future?
- What are the underlying international factors behind the sharp decline in Asian stocks?
