Taiwan's National Stabilization Fund to Disclose Holdings After Record Intervention

Taiwan's National Stabilization Fund will convene its second-quarter regular meeting on July 13 to review its financial statements and market performance. The fund, which intervened in the market for a record 279 days starting April 9, 2025, has reportedly liquidated its holdings from its ninth intervention.

During its ninth market stabilization effort, the fund invested NT$12.25 billion (approximately $370 million USD). The stock market saw a significant increase of 12,107 points, or about 65.59%, during this period. According to the fund's first-quarter report, it generated NT$8.05 billion in net gains from selling stocks, achieving an 80.84% return on its NT$9.96 billion cost basis.

As of the end of March, the fund still held stocks valued at NT$3.56 billion, with a cost basis of NT$2.29 billion, resulting in unrealized capital gains of NT$1.27 billion. The fund's mandate to stabilize the market concluded on January 12, 2026.

Discussions at the upcoming meeting will include the domestic and international political and economic situation, as well as the stock market's condition. Given that the Taiwan Stock Exchange remains above the 40,000-point level, the National Stabilization Fund's authorization for further market intervention is considered unlikely.