Young Stock God Faces Crushing 'Short Attack'? TSMC Hits 28.92 Million Violation in Delivery

Reported 11 months ago

As the Taiwan stock market hit new highs, a young stock investor faced a 'short attack.' Taiwan Stock Exchange reported a violation involving TSMC, with securities firms failing to deliver on time, resulting in a breach of 28.92 million NT dollars. The violation occurred after TSMC's stock surged past 900 NT dollars, possibly due to a misjudgment by the investor, leading to a 'short attack.' This incident, involving the highest amount since May 22, highlights the risks in high-stakes trading.

Source: YAHOO

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