Taiwan stocks surged 1545.23 points on the 11th to close at 44257.15, up 3.62%, reclaiming the 44000 level; Phison topped the Q3 EPS ranking with NT$138, memory stocks led the way, with 12 high-profit stocks making the list.
Taiwan Stocks
Led by TSMC, Taiwan stocks surged 1545.23 points to close at 44257.15, reclaiming 44000 in the sixth-largest single-day gain in history, with a combined three-day rebound of 4555.51 points this week and turnover of 8491.65 billion New Taiwan dollars.
U.S. October CPI rose 0.4% month on month, above expectations, while Fed officials signaled a possible December rate hike, sending all four major U.S. stock indexes lower. TSMC announced up to $1 billion in AI investments, and Taiwan stocks staged a V-shaped reversal, surging 1545.23 points to close at 44257.15.
Taiwan Mobile October consolidated revenue was 17.07 billion, net income after tax was 1.5 billion, EPS reached 0.48. Net income after tax for the first ten months was 14.45 billion and EPS was 4.74, already exceeding full last year, with all three telecom indicators hitting new highs.
Chunghwa Telecom reported consolidated October revenue of NT$23.75 billion, up 13.4% year-on-year, with operating income and EBITDA also hitting record highs for the same period and EPS reaching NT$0.46, driven by strong mobile phone sales, 5G upgrades, and robust ICT business growth.
Taiwan stocks surged over 600 points to retake the 43000 mark early on the 11th before selling pressure pushed the market into volatile negative territory, with funds focusing on PCB, glass-fiber cloth and semiconductor testing stocks, more than 10 hitting limit-up, CHPT and MPI hitting limit-up, and the NT dollar rising to 32.84 at midday.
Chuang Tsui-yun on 11日 expressed support for raising the National Stabilization Fund's borrowing ceiling from financial institutions, saying the current 2000億元 is difficult to cope with market volatility. The Legislature has already reviewed a draft to raise it to 1兆元, hoping to increase intervention flexibility and stabilize investor confidence.
Taiwan stocks fell over 10000 points from a 49968 peak. The National Stabilization Fund launched its 10th support operation on the 6th, with a 1960-point rebound on the 9th retaking 40000. Chuang Tsui-yun said on the 11th at the Legislature that exit requires committee consensus and did not confirm whether stock purchases have begun.
Of the NT$500 billion National Financial Stabilization Fund, only NT$200 billion in borrowings is actually available. With Taiwan stock market capitalization rising to NT$158.38 trillion, Finance Minister Chuang Tsui-yun supports raising the borrowing cap to NT$700 billion for a total scale of NT$1 trillion to increase flexibility; the proposal is still pending Legislative Yuan review.
Taiwan stocks welcomed the simultaneous listing of Fuhua Taiwan New Stars Active ETF 00418A and E.SUN Key Technology Active ETF 00413A on the 11th, with both closing higher on their first day. 00418A's trading volume approached 200,000 lots to top the market, while 00413A rose 2.29% intraday to lead in gains.
The Actively Managed Fuh Hwa Taiwan Star ETF (00418A) was listed on the 11th, co-managed by Yi-Ping Rong and Chia-Hung Kuo, with trading volume exceeding 130,000 lots in just over ten minutes after the open and an intraday high of 10.21 yuan, while its top ten holdings focus on semiconductors and the AI supply chain.
Taiwan stocks closed at 39701 points on November 6, down 10267 points from the high of 49968 points, a decline of 20.55%. The National Stabilization Fund has launched its 10th market intervention. Finance Minister Chuang Tsui-yun said on the 11th that it will closely monitor the stock market, and any exit must be resolved by the committee.
Taiwan stocks faced profit-taking and lock-up release selling pressure on the 11th. U.S. October CPI came in above expectations, pushing the odds of a two-step rate hike in December above 50%. U.S. stocks fluctuated, Taiwan index futures fell 124 points in night trading, foreign investors posted a ninth straight sell, and funds rotated into thematic and oversold electronics stocks.
Taiwan stocks on the 11th shrugged off Wall Street losses, with the TAIEX opening at 43,135 points to reclaim 43K and hitting an intraday high of 43,384 points, up 672 points or 1.58%. TSMC rose 45 to 2,330, extending the previous session's strong rally.
U.S. October CPI rose 0.4% month-on-month, above expectations, Waller signaled a possible two-notch rate hike in December, the four major U.S. stock indexes closed lower, TAIEX futures fell 124 points in the night session, Taiwan stocks opened up 423.84 points on the 11th, with gains expanding to over 600 points.
Amid volatility in tech stocks, gold and mining stocks rose against the trend. BlackRock has launched two ETFs, 009834 and 009835, targeting gold and silver mining and industrial metals companies respectively, open for subscription from November 9 to 13.
TSMC board approved its third-quarter financial report, with consolidated revenue of 1兆4942.4億元, net income after tax of 7630.6億元 and EPS of 29.43, approved a 9 cash dividend and a 409.267億美元 capital budget to expand capacity.
Dragged by a correction in U.S. technology stocks, Taiwan stocks fell 二七二九 points in 十月 and plunged 五五一０ points last week. HSBC Investment Trust notes that concerns over AI capital expenditure have been priced in, Taiwan's supply chain advantages remain unchanged, and active ETFs help diversify allocations to capture growth opportunities.
Taiwan stocks closed higher for two straight days, surging 1050.22 points to 42711.92, while foreign investors posted a ninth straight day of net selling of 341.16 hundred million NT dollars. On exporter dollar selling and late-session central bank stabilization, the NT dollar reversed losses to close at 32.865, up 1.7 cents, temporarily easing pressure at the 33 level.
Wowprime Thai Town announced its third-quarter financial results, with single-quarter revenue of NT$1.615 billion hitting a record quarterly high, cumulative consolidated revenue for the first three quarters reaching NT$4.905 billion, up 6.24% year-on-year, and cumulative revenue for the first 10 months reaching NT$5.405 billion, continuing to set a record high for the same period. The fourth quarter will focus on anniversary sales and banquet opportunities.