On the 22nd, the Taiwan stock market opened lower and continued to decline, falling below 19,000 points and closing at 18,793.43 points, down 312.77 points, or 1.64%, with a total trading volume of 243.72 billion NTD. According to data from the stock exchange, proprietary traders sold more than 510 million NTD today, with Chung Ding (9933) experiencing a crisis due to a 19.6 billion NTD bad debt situation, facing a consecutive four-day price drop limit and an accumulated decline of 27.42%.

Chung Ding's U.S. customer, GCEH, has filed for restructuring, leading to fears that 19.6 billion NTD in engineering fees may go unrecoverable. Although GCEH's restructuring plan is expected to be approved within 3 to 4 months, the repayment timeline remains uncertain.

Today, Chung Ding's stock hit the limit down at 25.65 NTD, becoming the most sold stock by proprietary traders today, with a net sale of 557 shares, followed by Hon Hai (2317) at 435 shares and AU Optronics (2409) at 366 shares.