The Taiwan stock market has plummeted, so it’s time to buy the bottom! Yesterday, the number of financing transactions increased against the trend, and the top five were all popular ETFs.

On the 4th, the number of financing transactions in Taiwanese stocks increased against the trend, with the top five most popular ETFs increasing. (File photo)

[Reporter Chen Yongji/Report from Taipei] Affected by the U.S. midterm elections, the Taiwan stock market plunged more than 1,400 points yesterday. The market originally expected that there would be another sharp decline in financing yesterday after the continuous decline. Unexpectedly, listing financing only decreased by 2.83 billion yuan, and the number of financing tickets bucked the trend and increased by 32,000. The top five in the increase are all popular ETFs in the market, and the top two are Taiwan stock positive 2 ETFs.

Yesterday, Yuanta Taiwan 50 Positive 2 ETF (00631L) ranked first in the number of listings, with an increase of 37,700, and the cumulative financing balance was 347,000. The second largest increase in the number of listings was Qunyi Taiwan Weighted Positive 2 ETF (00685L), with an increase of 32,200 in a single day, and a cumulative financing balance of 326,000.

The third largest increase in the number of shares is the Active Unified Taiwan Stock Growth ETF (00981A), which increased by nearly 27,000 shares in a single day, with a cumulative financing balance of 255,000. The fourth is the Active CITIC Taiwan Income ETF (00406A), which increased by 14,700 shares, with a cumulative financing balance of nearly 262,000. The fifth is National ETF 0050, which increased by 4,532 shares, with a cumulative financing balance of nearly 33,000.

In the past year or two, whenever the Taiwan stock market fell sharply, they bravely entered the market to hunt for the bottom, and eventually made profits. This created a group of investors who bought big after big falls. However, it remains to be seen whether they will follow the script every time.

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