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Taiwan Stocks Plunge 1156 Points Below Half-Year Line; 阮清華: Ups and Downs Are Normal

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Taiwan stocks on the 30th plunged by more than 1600 points intraday, closing down 1156.5 points at 45211.83 points, falling below the half-year line of 45314 points, with foreign investors selling a net NT$112.467 billion. National Stabilization Fund trader 阮清華 said a pullback after gains is a normal cycle.

Taiwan Stocks Plunge Over 1,000 Points Below Half-Year Line

Taiwan stocks today (30th), affected by market concerns over the monetization ability of artificial intelligence investments, plunged by more than 1600 points intraday, closing down 1156.5 points at 45211.83 points, with turnover of NT$877.73 billion, and falling below the half-year line of 45314 points. In terms of periodic performance, Taiwan stocks fell for 3 consecutive weeks on the weekly line, and the monthly line also closed lower, with market selling pressure明显 increasing.

Three Institutional Investors Sell Net NT$139.8 Billion Combined

On the chips side, the three institutional investors today sold a net NT$139.844 billion combined in Taiwan stocks, including net sales of NT$112.467 billion by foreign investors and mainland investors, with single-day net sales exceeding NT$100 billion, becoming a major source of pressure for the sharp market decline. Taiwan stocks closed down 1156 points, with declines concentrated in heavyweight and related stocks, while turnover expanded to NT$877.73 billion, showing capitulation selling emerging together.

阮清華: Pullback After Gains Is a Normal Cycle

In response, National Stabilization Fund Executive Secretary and concurrent trader, Deputy Minister of Finance 阮清華, today attended the 25th anniversary celebration tea party of Taiwan Financial 聯成, and accepted media interviews after the event. He said the stock market inherently rises and falls; after rising too much there will be a pullback, and after pulling back to a certain extent it will go up again, which is a very normal cycle, as it is impossible to rise every day, nor to fall every day. He stressed that unless the economy or international situation encounters major problems, or major problems arise on the industry side, only then would slight attention be needed, and if there really are problems, then consider how to handle them.

Foreign Investor Adjustment Said to Not Rank Among Top

Regarding foreign investors again slashing Taiwan stocks by more than NT$100 billion, 阮清華 pointed out that this is not the first time, and compared with the past it does not even rank. Foreign investors have always conducted adjustments, and it is impossible to require foreign investors to keep buying; selling is also normal. He reiterated that current stock market rises and falls should be viewed as a normal cycle, unless major changes in the economy or international situation are confirmed, only then would there be a need for further attention.

FAQ

How many points did Taiwan stocks fall on the 30th, and where did they close?

Taiwan stocks on the 30th closed down 1156.5 points at 45211.83 points, having plunged by more than 1600 points intraday, falling below the half-year line of 45314 points, with turnover of NT$877.73 billion.

What were the net sales by the three institutional investors and foreign investors on the 30th?

The three institutional investors sold a net NT$139.844 billion combined in Taiwan stocks, including net sales of NT$112.467 billion by foreign investors and mainland investors, with single-day net sales both at levels exceeding NT$100 billion.

How did National Stabilization Fund trader 阮清華 respond to the sharp decline in Taiwan stocks?

阮清華 said it is normal for the stock market to rise and fall, and that a pullback after gains followed by another rise is a normal cycle, as it is impossible to rise or fall every day; only if major problems appear in the economy, international situation, or industries would attention and deliberation on handling be needed.