Reported about 1 year ago
Led by semiconductor giant TSMC, Taiwan's stock market surged over 300 points in morning trading, approaching the 24,000-point mark. With foreign investors leaning towards selling, the rally is mainly driven by domestic investors entering the market, indicating potential for further gains. Optimism in the market is high, with semiconductor and AI-related stocks performing well. TSMC reached a new high above 1,040 yuan, while Foxconn and Quanta also saw significant increases in stock prices.
Source: YAHOO