Taiwan Stock Market Falls 200 Points: Does This Mark a High Point?

Reported 8 months ago

The Taiwan stock market opened at 23193 points, dropping 213 points due to a decline in US technology stocks. The Chairman of Huanan Investment Management, Chu Xiangsheng, pointed out that the drop was influenced by the decline of NVIDIA and US tech stocks. Although the market rebounded slightly in the morning, Chu believes that this is just a breather for AI stocks and does not signify the end. He advises investors to watch three key points: the US market, NVIDIA, and TSMC, and wait for developments. Despite the 200-point drop, Chu suggests that this is not the end, and investors should stay alert for potential changes in the stock market trends.

Source: YAHOO

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