Taiwan's National Stabilization Fund Profits on All 8 Stocks in Latest Intervention

Taiwan's National Stabilization Fund has concluded its ninth market intervention, reporting a successful outcome with all eight targeted stocks yielding profits. The fund strategically invested 12.25 billion New Taiwan dollars (approximately $380 million USD) in major Taiwanese companies. These included technology giants like TSMC, Hon Hai Precision Industry (Foxconn), Quanta Computer, MediaTek, and ASE Technology Holding, alongside industrial firm Formosa Plastics and financial services provider Fubon Financial Holding.

The intervention, aimed at stabilizing the stock market, focused on these specific companies. The fund's decision to invest in these particular stocks has paid off, as all eight have shown positive returns. This success highlights the fund's ability to identify valuable assets and effectively deploy capital to support market stability during turbulent times. The detailed breakdown of the fund's investment, as revealed by Liberty Times, offers insight into its operational strategy and its impact on the Taiwanese stock exchange.