Selling Red Made Simple! Eight State-Owned Banks Slash Hon Hai's Stock and 'Drop Silicon Integrated' Again, Netizens: The Elders Are Making a Fortune

Reported about 1 year ago

On July 4, 2024, Taiwan's stock market closed with the index at 23,522.53 points, rising 350.1 points with a trading volume of 535.77 billion NT. Eight state-owned banks were observed to sell stocks, with the top selling stock being the financial stock Cathay Financial Holdings (2882) followed by AI stock Hon Hai Precision Industry Co., Ltd. (2317) and electronic component stock ASE Technology Holding Co., Ltd. (2313). Netizens commented on the selling trend, mentioning 'buy green, sell red, it's so simple' and 'the elders are making a fortune'.

Source: YAHOO

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