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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Three stocks to face trading curbs Aug 20; 28 others flagged as 'stocks to watch'

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Three stocks, including Tianhan, will be placed under trading restrictions starting August 20.
  • Twenty-eight stocks, including Largan Precision, have been designated as stocks to watch.
  • The New Taiwan Dollar experienced intraday fluctuations and intervention by the central bank.

The Taiwan Stock Exchange and the GreTai Securities Market have announced that three stocks will be moved into the "trading restriction" category starting August 20. These include Tianhan (6225), which will be subject to full payment in advance trading, and two over-the-counter stocks, Danning (3490) and Dehong (5475).

These stocks will remain under restriction until August 26, a period of five trading days. Tianhan, being a full payment stock, will use manual trading methods with matching every 25 minutes. Danning and Dehong will also use manual matching, but with a shorter interval of every two minutes.

In addition to these restrictions, 28 other stocks have been flagged as "stocks to watch." This list includes eight listed companies, such as Largan Precision (3008), and 20 over-the-counter companies, including UMC (3081). The New Taiwan Dollar also saw intraday volatility, with the central bank intervening towards the end of trading to maintain the exchange rate around the 31 mark.

DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.