Foreign Investment Sells More than 30,000 Shares of 'DR Hottest Stock', Hon Hai Most Affected with Over 44,000 Shares Sold

Reported 12 months ago

On July 2, 2024, the Taiwan stock market's weighted index closed down 179.2 points at 22,879.37 points, a decrease of 0.78%. Foreign investors sold more than 30,000 shares of the highly discussed stock, TaiGen Biotechnology-DR, which had previously spiked but was later listed for disposal, leading to a sharp drop to the limit price of 6.38 yuan. Hon Hai was heavily affected with over 44,000 shares sold, marking the third consecutive day of selling. The top four stocks in foreign selling were Hon Hai, TaiGen Biotechnology-DR, Far EasTone, and United Microelectronics Corporation, with each facing substantial selling pressure.

Source: YAHOO

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