Taiwan stock market: Decisions after the crash determine long-term success, says anchor

Former anchor and television host Qiu Qin-yi offered words of comfort and advice to investors experiencing losses in the recent stock market downturn. "If you feel you've been hurt in the stock market, I want to tell everyone: it's normal," she stated, acknowledging the widespread distress following significant market declines.

Qiu pointed to the recent sharp drop in Taiwan's stock market, which saw its largest single-day point loss, as a symptom of broader global financial adjustments. She specifically cited deleveraging in the South Korean market as a contributing factor to the global fund reallocations that impacted Taiwan's stocks, leading to what she described as "drastic fluctuations."

Addressing concerns about specific companies like TSMC, Qiu suggested that much of the market's worry might be based on already known information, such as third-quarter profit margins or US factory costs. She likened TSMC to a "good student who encounters a bad thing," asserting that one setback does not fundamentally change a company's quality, nor does a sharp market fall necessarily signal a complete disaster.

Instead of encouraging immediate buying after a dip, Qiu stressed the importance of using such periods for strategic reassessment. "The truly important thing is to use this time to readjust your steps," she advised. This involves carefully examining existing stock holdings, recognizing that not all stocks move in unison, and not every rebound is worth chasing.

Ultimately, Qiu believes that sustained success in the market hinges on an investor's decision-making process after a downturn. "The market tests investors every day, and what truly determines long-term success is not whether the stock market has crashed, but what decisions you make after the crash," she concluded, urging investors to maintain confidence and wait for genuine opportunities.