Democrats take both the House and Senate in the US midterm elections, TSMC ADR falls 2.24% below 400 dollars. Hsieh Chin-ho notes Taiwan stocks pull back 8113 points, down 16.24%, still the world's strongest, and the challenge to 50,000 points may have to wait until next year.
Taiwan Stocks
Bank of America warns customers not to share login credentials with AI Agents, or they may be liable for resulting losses. JPMorgan Chase and Citi have blocked access, as banks worry about difficulty verifying authorization and disintermediation, emphasizing the value of human service to guard against risks.
Chunghwa Telecom's Q3 revenue reached NT$67.59 billion, up 16.7% YoY, with net income of NT$12.22 billion, up 29.5% YoY, and EPS of NT$1.57. Both revenue and profit beat the high end of guidance and hit record highs for the same period since 2009.
After AI-driven gains, Taiwan stocks have seen intensified volatility. The Federal Taiwan Splendid 50 ETF 009804 uses a 30% single-stock weight cap to diversify concentration risk, covering 50 large-cap leaders, and has completed two distributions this year.
Jiushun Construction reported Q3 consolidated revenue of 7.72億元, up 68.23% year-on-year, with net profit after tax of 0.48億元, up 237.19% year-on-year, a single-quarter second-high, EPS of 0.94元, and gross margin of 13.64%.
Taiwan listed companies are set to pay out up to NT$3.2 trillion in cash dividends, while ETF beneficiaries have topped 19.25 million. Capital Securities has upgraded its stock-savings service with a dividend reinvestment feature that automatically repurchases the original holdings with one click, boosting long-term compounding for asset accumulation.
MediaTek has confirmed that former Intel Executive Vice President Navid Shahriari will become Senior Vice President on 11月9日, overseeing advanced process, yield and packaging and testing teams, deepening supply chain cooperation with TSMC and other partners to support AI and high-speed computing development.
Airoha's third-quarter revenue hit a record high of NT$69.4 hundred million, with EPS reaching NT$6.15, a post-listing high. A local investment advisory is optimistic about optical communications DSP and wired business growth, maintaining a Buy rating and raising the target price from NT$750 to NT$900, forecasting 2027 EPS of NT$30.07.
Fitch upgraded Shin Kong Life's financial strength to BBB+ and issuer rating to BBB, with outlook revised to stable, reflecting improved post-merger earnings and adequate capital, with after-tax net profit of 225億元 in the first half and CSM balance of 2936億元 ranking as Taiwan's third-largest life insurer.
A correction in U.S. tech stocks triggered hot money outflows from Asia, with foreign investors expanding net selling in Taiwan stocks for three consecutive days to NT$149.9 billion in a single day, and October hitting a record NT$994.317 billion. Amid a stock-and-currency double hit, the rebound is limited, with stabilization awaiting a steadier exchange rate.
Cathay SITE hosted an AI investment forum during Taiwan Week, focusing on memory supply and demand, Taiwan-Korea semiconductor complementarity, and advanced packaging opportunities. Experts said the long-term AI trend remains intact, with momentum shifting toward the system side, recommending an offense-defense pairing to navigate rotation.
Bank SinoPac's new online banking system experienced abnormal transfers on 3日, with 418人、427筆 totaling 4176萬元 transferred out. Chairman 曹為實 and President 莊銘福 bowed to apologize on 4日; all funds have been returned, and the bank will seek compensation from the foreign system vendor and strengthen information security protection.
Taiwan stocks swung over 1451 points on the 4th to close down 358 points, foreign investors sold a net 149.8 billion, ETFs such as 0050 attracted inflows against the trend, net subscriptions in the first 10 months topped 730 billion, total Taiwan stock ETF inflows topped one trillion, focus ahead on foreign selling pressure and heavyweight stock trends.
Taishin Telecom, a subsidiary of Taiwan Mobile, has received 111,311,711 shares tendered in its public tender offer for Systex, representing 40.89% and crossing the 39% threshold. With the Fair Trade Commission having decided not to prohibit the combination, both conditions have been met. Including its existing 11.86% stake, its holding will exceed half upon completion.
Taishin Japan Semiconductor 00951 announced an estimated November distribution of 2 per unit, a new high since inception. Based on 14.46, the estimated yield is about 13.83%. Ex-dividend on November 16, payment on December 4. Investors must buy by the 13th.
Gigabyte, with Bank of Taiwan and three other banks as mandated lead arrangers, has completed the signing of its NT$50 billion sustainability-linked syndicated loan. Nine financial institutions participated with oversubscription. Proceeds will be used for repayments and to bolster mid-term working capital, demonstrating the financial sector's confidence in its operating outlook and momentum.
Taiwan stocks swung violently on November 4, with foreign investors net selling NT$149.9 billion in a single day, the 5th-largest sell-off on record, marking two straight days of net selling over NT$100 billion. The TAIEX closed down 358 points at 42,948, with turnover exceeding NT$1 trillion, while the three major institutional investors net sold a combined NT$159.7 billion.
Chunghwa Telecom's 2026年第三季 consolidated revenue was 675.9億元, up 16.7% YoY, net profit attributable to the parent company was 122.2億元, up 29.5% YoY, EPS was 1.57元, with both revenue and profit beating the high end of financial forecasts and setting new highs for the same period since 2009年.
U.S. midterm vote counting moves markets, Taiwan stocks plunged 1451 points in early trading, buying returned at midday to recoup losses, closing down 358 points at 42948 points, foreign investors sold 1498億元, investment trusts bought for 17 consecutive sessions, turnover topped 1兆元
Taiwan stocks swung violently today, once falling below 42000, and closed at 42948.91. Huang Wen-ching believes 40000 to 42000 is a reasonable target zone, and the pace of margin deleveraging will determine the timing of a rebound and the length of bottoming.