Taiwan stocks plummeted because of "fundamentals" and they vomited? The Financial Supervisory Commission made a self-deprecating apology, saying "that's what I said"

Whenever the Taiwan stock market plummets, the Financial Supervisory Commission comes out to emphasize that "fundamentals" are sound, and netizens jokingly call it "fundamentals."

[Financial Channel/Comprehensive Report] Taiwan stocks plummeted, and the Financial Supervisory Commission came up with "fundamentals" again. This time, even the officials themselves couldn't help but joke about it.

Huang Zhonghao, deputy director of the Securities and Futures Bureau, explained the rise and fall of Asian stock markets and the fundamentals of Taiwan stocks at a regular press conference of the Financial Supervisory Commission on the 3rd. Halfway through his speech, he suddenly apologized to netizens. He said: "I know that many PTTs reported that they vomited after eating noodles that day. I'm sorry, because the ingredients we can provide are very limited, so the ingredients are similar to those served last week."

Whenever the Taiwan stock market plummets, the Financial Supervisory Commission comes out to emphasize that "fundamentals" are sound, and netizens jokingly call it "fundamentals."

Last Friday (October 30), the Taiwan stock market plunged 1,156.50 points. After the Financial Supervisory Commission responded again and forwarded the relevant news to the PTT stock market, PTT netizens mocked it with the homophone of "eating noodles", "Eat noodles," "Eat noodles until you vomit, help," "I will only ask you to eat noodles every time," and other messages. The Financial Supervisory Commission had already brought out a bowl at that time. Unexpectedly, it would have to be served again a few trading days later.

Taiwan stocks closed at 43307.54 points today, a decrease of 3.59%; the OTC Index fell even deeper, falling 23.72 points to close at 345.52 points, a decrease of 6.42%. Among the listed stocks, 1,000 stocks fell, 33 of them fell to the limit, and only 58 stocks rose.

In terms of value stocks, MediaTek fell 295 yuan, or 7.43%, ASE Investment Holdings fell 8.61%, and Delta Electronics fell 6.27%. TSMC fell 35 yuan to close at 2,295 yuan, a decrease of 1.50%. The transaction volume was 106.3 billion yuan, ranking first among listed stocks.

According to data from the stock exchange, foreign investors sold more than 107.307 billion yuan that day, and also sold more than 73.521 billion yuan on the previous trading day (November 2). The total sales on the two trading days exceeded 180.828 billion yuan; investment trusts bought more than 19.905 billion yuan on the 3rd.