National Team Sells Big in Financial Market Last Week with NT$3.135 Billion Withdrawal from 'Cathay Financial Holdings', Netizens Wondering Why?

Reported about 1 year ago

FTNN News reported that last Friday (5th), the Taiwan Stock Exchange closed at 23,556.59 points, with a weekly increase of 524.34 points (2.28%) from 7/1 to 7/5. Cathay Financial Holdings was the top selling stock with a withdrawal of NT$31.35 billion, followed by TSMC at NT$18.6 billion. Netizens were surprised by the continuous selling of Cathay Financial Holdings, speculating on the reasons behind it. The top ten stocks sold by the eight major banks last week consisted of 5 electronics and 5 financial stocks.

Source: YAHOO

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