Reported 11 months ago
Reported by Lu Shumei and Huang Yanhong/Taipei, June 21, 2024, 4:10 PM. Despite recent record-high stock surges, TSMC shocked the market on the 21st with a NT$28.92 million massive default delivery, marking its first huge default. The Taiwan Stock Exchange announced that the total amount of defaulted deliveries reported by concentrated market securities dealers was NT$44.109 million, with a net amount of NT$38.544 million after offsetting purchases and sales, the second highest single-day amount this year. The main issue stemmed from Hugania TSMC's NT$28.92 million defaulted delivery, reported by Guop Securities Anhe Branch. This year's second case following Kanhon Nankan and Huanan Zhongzheng's NT$26.161 million default on April 12. Insiders revealed the default involved Guop Anhe's foreign clients, with remittances in progress but missing the final reporting deadline due to Taiwan's T+2 trading settlement. TSMC stock hit a historic high of NT$984 on June 19, closing at NT$981, and dropped to NT$970 on the 21st, influenced by TSMC ADR's decline. The government approves extending the investment in Taiwan's three major programs by three years and reveals the 2022 financial tax's four new regulations, with the comprehensive income tax having the most impact based on the news from the Commercial Times.
Source: YAHOO