
The weighted index plummeted nearly 1,400 points at midday, with silicon photonics and optical communications stocks leading the decline, and a financing recovery order has been issued.
AI-generated summary
The U.S. midterm elections are in progress, and the Republican Party led by Trump is likely to be defeated. Texas, as an AI data center, may change and be dominated by the Democratic Party. The market is worried that the rules of the energy and data center game will overturn, limiting future AI development.
U.S. President Trump is likely to be defeated in the midterm elections. As the vote counting begins, Nasdaq futures plunge. The key Texas is the center of AI data centers. This time, it is very likely that the situation will change and it will be led by the Democratic Party. The rules of the game in energy and data centers will be reversed. The market is worried about the future restrictions. In response to the development of AI, Japanese, Korean and Taiwanese stocks were in full swing. The weighted index plummeted by nearly 1,400 points at midday, and the counter-buying index once plummeted by nearly 5%. Small and medium-sized electronic stocks collapsed. Among them, silicon photonics and optical communication-related stocks were the most dangerous. The first wave of financing call orders has begun to be issued.
The legal person pointed out that Taiwan stock listing financing dropped by 22.925 billion yuan yesterday, OTC financing dropped by 7.847 billion yuan, and OTC financing decreased by 30.772 billion yuan in total. However, the financing reduction since October is still significantly lower than the decline in the market. The chips are quite messy. The Taiwan stock market may not have bottomed yet. Investors are advised to stay on the sidelines and not to easily enter the market to hunt for the bottom.
AI outlook — possibilities, not facts
Taiwan stocks may not bottom out in the short term, and the market will continue to be under pressure
Likely · Within days
China News Service's "People's Livelihood Investigation Bureau" reporter undercovered the brand marketing groups of Dongfang Yaolin, Pumei Duoluohuo, Dawei Tianxia and other brands, and found that both licensed direct selling companies and companies without direct selling licenses have a hierarchical fission model of "purchasing is an agent, developing downline commissions, and the more levels, the higher the income." Supervisory authorities face five major difficulties: difficulty in finding clues, difficulty in fixing evidence, difficulty in chain tracing, jurisdictional disputes, and difficulty in legal characterization.

Hong Kong Chief Executive John Lee Ka-chiu began a four-day visit to Beijing and Shanghai to deepen economic ties with mainland China, calling for closer collaboration on finance and innovation and technology, pledging to help Chinese enterprises expand overseas, and highlighting the Northern Metropolis as a cooperation platform at the Beijing-Hong Kong Economic Cooperation Symposium.

With the arrival of autumn and winter, the sales season of cotton clothing is peak, but the filling of many cotton clothing on the market is not natural cotton, but 100% polyester fiber. Experts remind consumers not to be misled by marketing names such as "down cotton" and "cloud cotton", and to purchase warm jackets based on the standardized fiber names on the tags and wash labels.

The share price of Global Crystal (6488) continued to fall from a high of 1,600 yuan, and fell sharply to the limit price of 617 yuan on the 4th. Compared with the historical high, it fell by more than 60% and hit a new low in the past six months. Foreign investors lowered their target prices, which put pressure on the stock price. The trading volume exceeded 14,000 contracts, and the limit-down selling limit exceeded 2,900 contracts. Investors expressed uneasiness about the divergence between fundamentals and stock price performance, and market sentiment was pessimistic.

The 140th Canton Fair was held in Guangzhou, and three generations of overseas Chinese businessmen from the Li family witnessed the evolution of Guangdong's foreign trade. Guangdong has nearly 30 million overseas Chinese with Cantonese roots in more than 160 countries and regions. In the first three quarters of this year, Guangdong's foreign trade import and export reached 8.72 trillion yuan, a year-on-year increase of 24.5%. Overseas Chinese-funded enterprises account for more than 60% of foreign-funded enterprises in Guangdong. The import and export of Jiangmen overseas-funded enterprises reached 56.94 billion yuan, accounting for 36.1% of the city's total foreign trade value.

Chunghwa Post opened pre-orders for Pokémon stamps and peripheral products at 8:30 a.m. on the 3rd. More than 37,000 people flocked to the "i Philately" website, with the highest number of online users at about 37,000. All the products were sold out before noon. They will be sold through designated post offices and on-site at the Taipei 2026 World Stamp Exhibition on November 20.