3 Disposition Stocks All Shift to 2-Minute Matching
The TWSE and TPEx announced on October 29 that Tongtai (4526), Guanxi Electric (2466) and Dahang Technology (4577) were added as disposition stocks, subject to partitioned trading from October 30, with matching once every 2 minutes. Among them, Tongtai remains under disposition until November 9, the longest period, while Guanxi Electric and Dahang Technology both run until November 5. The 3 stocks have seen sharp price swings recently, prompting the exchanges to impose disposition measures. Short-term momentum chasers must stay alert to trading risks.
Tongtai Jumps 41% in 6 Days With High Day-Trading Ratio
Taiwan veteran machine-tool and smart-manufacturing maker Tongtai has rallied strongly recently, with cumulative closing-price gains of 41.19% over the most recent 6 trading days, meeting disposition criteria. On October 29, trading volume expanded to 14.89 times the average daily volume of the most recent 60 trading days, with a turnover rate as high as 42.78%, showing heated short-term trading. Day-trading volume on October 28 accounted for 63.04% of total volume over the most recent 6 trading days, and day-trading volume on October 28 alone accounted for 74.22% of that day's total volume, reflecting a high share of short-term day trading, with price, volume and day-trading ratios rising together.
Guanxi Electric Surges 553% in 90 Days in Focus
Guanxi Electric posted cumulative closing-price gains of 36.93% over the most recent 6 trading days, with a price spread of 96 between the first and last 2 trading days of the 6-day window, showing sharp short-term volatility. Over a longer period, gains reached 203.77% over the most recent 30 trading days, 253.45% over the most recent 60 trading days, and as high as 553.14% over the most recent 90 trading days, making it the most watched mid-term gainer. In addition, on October 29 its P/E ratio reached as high as 205.10 times, its P/B ratio reached 28.83 times, with a turnover rate of 6.78%, and its P/B ratio was more than 4 times that of its sector, drawing regulatory attention to its valuation and trading conditions.
Dahang Volume Jumps 5.85 Times, Only Matching Frequency Restricted
Dahang Technology posted cumulative last-price gains of 27.13% over the most recent 6 trading days including the day in question. On October 29, volume was 5.85 times the average daily volume of the most recent 60 trading days, with a turnover rate of 11.22%, and it was placed under disposition due to the sharp rise in short-term price and volume. The 3 disposition stocks differ in gains and volume expansion, but all are matched once every 2 minutes, unlike regular continuous trading. Disposition does not mean trading is halted, but matching frequency is restricted, and short-term entry/exit speed and execution prices may be affected. Investors should carefully assess risks in their decisions and bear responsibility for the results.