Taishin-Shin Kong Financial Soars to Record High on Investment Trust Buying Spree
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Taishin-Shin Kong Financial stock surged to a new high, driven by significant purchases from investment trusts.
- The stock's price increased by 2.72% to NT$35.85, marking its fourth consecutive day of gains and an 8.63% rise overall.
- This surge transformed the stock from a slow-moving asset into a high-flyer, attracting considerable trading volume.
Taishin-Shin Kong Financial has experienced a dramatic transformation, evolving from a sluggish stock into a high-flying performer, reaching a new record price. The surge is largely attributed to substantial buying activity from investment trusts, which have acquired over 10,000 shares.
On Wednesday, July 8, 2026, the stock opened higher and continued its upward trajectory, closing at NT$35.85 with a 2.72% gain. This marks its fourth consecutive day of positive performance, accumulating an impressive 8.63% increase during this period. The significant interest from institutional investors has fueled this rally, with major financial players actively participating in the market.
The stock's ascent has been accompanied by a substantial increase in trading volume, maintaining a high level of 77,100 shares. This renewed investor confidence and market activity have positioned Taishin-Shin Kong Financial as a standout performer, attracting attention from a wide range of shareholders, including its more than 700,000 existing retail investors who are now celebrating the stock's impressive gains.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.