Reported 11 months ago
According to the latest data from the Taiwan Depository & Clearing Corporation, although the Taiwan stock market hit a new high this week, the number of top holders increased by only 32 households compared to last week, indicating a cautious and fearful attitude among major investors. Stocks with the highest increase in top holders this week include fibrous fabric manufacturer Far Eastern New Century Corporation and Shin Kong Financial Holding, each added seven households; followed by Hong Yie Corporation, Chang Wah Electromaterials, GIGABYTE Technology, China Airlines, and Yuanta Financial Holdings, which each added six households. Analysts suggest that the increase of 32 households in top holders this week, compared to 4 the previous week, is a significant decrease, signaling a reduced willingness among top investors to chase prices as the market climbs, with a general collective sense of caution and fear among major holders.
Source: YAHOO