Eight Major State-Owned Banks Swiped Over 30 Billion to Buy Taiwan Semiconductor as Target Price Hit! Financial King Dethroned

Reported 12 months ago

According to data from 'Play Stock Net,' the eight major state-owned banks bought over 30 thousand shares of Mega Financial Holding this week. Mega Financial Holding was bought after its estimated EPS for this year was lowered from the median of 2.53 to 2.49 yuan, with a target price of 39 yuan. Taiwan Semiconductor ranked first in terms of amount purchased by state-owned banks this week. In total, state-owned banks bought over 32.57 billion of Taiwan Semiconductor shares.

Source: YAHOO

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