Focus Stocks》WiWing: Is the ETF flight wave coming? Falling below the 1,900 yuan mark

Weiying was jointly sold by three major legal entities yesterday, with over 3,208 lots sold, including over 487 lots sold by foreign investors, over 2,518 lots sold by investment banks, and over 203 lots sold by self-operated traders. (File photo)

[Reporter Fang Weijie/Report from Taipei] Yesterday, Weiying (6669) was hit by the active Fuhua Future 50 (00991A), which slashed 1,149 shares, and the active Sino-Fung Technology Trend (00410A), which eliminated constituent stocks. Although other ETFs increased their positions sporadically, selling orders still surged out today. Wiwynn fell below the 1,900 yuan mark during the session. As of 10:42 a.m., the stock price was temporarily trading at 1,860 yuan, a decrease of 2.36%, with a trading volume of 7,132 contracts.

Weiying was jointly sold by three major legal entities yesterday, with over 3,208 lots sold, including over 487 lots sold by foreign investors, over 2,518 lots sold by investment banks, and over 203 lots sold by self-operated traders. Since this week, the ETFs that have reduced the number of Wiwynn shares by more than a thousand include 00981A (-1034 shares) and 00991A (-1149 shares), and the ETFs that have deleted Wiwynn from their constituent stocks include 00934 and 00410A.

Please read on...

Despite the recent weakening stock price, Wiwynn still receives warm reception from all walks of life. Since October, a local legal person has raised the target price of Wiwynn to 3,000 yuan, recommending customers to "increase holdings." European foreign investors have also called for 2,835 yuan and maintained a buy rating. They are mainly optimistic that Wiwynn ASIC AI servers, T3 Max liquid-cooled cabinets, Meta and Oracle-related projects, and new customer orders will boost revenue and profitability.

Grasp the economic pulse with one hand. Click here to subscribe to Free Finance Youtube Channel