Midday Plunge Breaks Below 44000-Point Level
Taiwan stocks today (3rd) saw selling pressure continue to expand, with the weighted index plunging nearly 1600 points midday, breaking below the 4萬4千-point level, hitting a low of 43,332.04 points, down as much as 1588.10 points. As of around 12時55分, the weighted index was temporarily reported at 43,371.41 points, down 1548.73 points, or 3.45%, with listed trading value reaching 7697.09億元, as heavy selling pressure weighed on the market and the overall mood remained cautious and wait-and-see.
In terms of heavyweight stocks, TSMC (2330), MediaTek (2454) and other heavyweights came under pressure, dragging down the broader market. Most sectors weakened across the board, with memory, PCB, passive components and optical communications groups even seeing a wave of limit-downs. According to earlier intraday statistics, a total of about 70 listed stocks hit limit-down, showing that selling pressure has spread to different industries, with a clear rise in short-term panic sentiment.
Memory, PCB and Passive Components Hit Limit-Down
Among limit-down stocks, in the memory group Winbond (2344) fell to 146元 and Nanya Technology (2408) fell to 411元, both hitting limit-down. In the PCB and substrate group, Jinju (8358), Nanya PCB (8046) and Nanzih Electronics (2316) hit limit-down. In the passive components group, Walsin Technology (2492), Holy Stone (3026) and Yukai (5228) also hit limit-down, showing very uniform sector-wide selling pressure.
Stocks that had not yet hit limit-down also fell heavily, with Phison (8299) down 9.60%, Taiwan Union Technology (6274) down 9.50%, Kinsus (3189) down 9.45%, and Unimicron (3037) down 8.73%, falling below the 1000-yuan mark. Optical communications and semiconductor groups also faced selling pressure, with LandMark (3081) hitting limit-down to 2175元, MPI (6223) hitting limit-down to 4190元, LuxNet (4979) hitting limit-down to 383.5元, and WIN Semiconductors (3105), LuxNet Optical (6442) and VPEC (2455) also hitting limit-down together. Among traditional industry stocks, Formosa Plastics Group member Nanya Plastics (1303) hit limit-down to 271元. High-priced stocks also could not escape the decline, with Largan Precision (3008) down 8.93% and Honn Shin (7769) down 9.16%.
Experts Warn Decline Has Decoupled From Fundamentals
Financial fan page "Logic Investment" analyzed that the OTC index plunged, market panic sentiment rose, and believes the current decline has little connection with corporate fundamentals, reminding investors to adjust their mindset before bottom-fishing and to assess their own risk tolerance when using leverage. Financial expert Mu-Hua Ruan was surprised by the OTC index plunging more than 6%, exclaiming: "What kind of plunge is this! The OTC fell nearly 6%, this is already at the single-day level of 728 and 29!" Investors should make independent judgments, carefully evaluate and bear their own investment risks.