prediction
Thanks to government intervention the Taiwan market rebounded 5% on the 9th, but foreign investors continued net selling, and a sustained rebound is hard to expect until foreign supply stabilizes.
A prediction by 하나증권 중국테마전략 김성은. Statements are as reported by the cited publishers — not verified by DecisionGateway.
정부의 개입 덕분에 9일 대만 증시는 5% 반등에 성공했지만 여전히 외국인 투자자들은 순매도를 지속.
Related claims
Foreign investors net sold a record 31.78 billion US dollars in October alone, driven by Taiwan dollar weakness and hedge-related selling.하나증권 중국테마전략 김성은 · statementForeign exchange traders said Taiwan stocks launched a counterattack, but foreign investors had not changed their minds, making it hard for the NT dollar to keep pace with the stock rebound.外匯交易員 · statementTaiwan stocks continued their rebound, rising 1050.22 points to close at 42711.92.stockintelligencenews · statementIn the 8th intervention the fund outperformed the index thanks to TSMC's rebound, and in the 9th it bought the eight major large caps centered on TSMC; TSMC accounts for about 43% of the TAIEX.하나증권 중국테마전략 김성은 · statementTaiwan authorities announced a series of market stabilization measures; the Financial Supervisory Commission's five stabilization measures took effect November 9, and the National Financial Stabilization Fund decided to intervene in the market the same day.하나증권 중국테마전략 김성은 · statementThe three major institutional investors sold a net 148.23 billion yuan of Taiwan stocks, with foreign investors selling another 34.116 billion yuan, marking nine consecutive trading days of net selling and cumulative withdrawals exceeding 800 billion yuan.stockintelligencenews · statement