Taiwan Stocks Surge as Trump Eases Concerns, Five Key Reasons Drive Market Up

The financial center reports that today (23rd), Taiwan stocks showed a strong rebound in early trading, with the index surging over 500 points right at the start and reaching a maximum increase of over 670 points, successfully stabilizing above the 19,400-point mark. Many analysts point out that today’s market performance is driven by five positive news items, resulting in a pattern of "uniform rise" as electronics, finance, and traditional industries all move upward simultaneously, boosting overall market confidence.
First, U.S. President Trump stated in a late-night interview yesterday (22nd) that he has no plans to dismiss Federal Reserve Chair Powell, easing market concerns about monetary policy fluctuations. As a result, U.S. futures surged, and Taiwan stocks benefitted similarly.
Second, Trump acknowledged in the interview that the previously stated 145% tariffs on China “might be a bit high,” which has raised expectations for a thaw in U.S.-China relations and boosted buying interest in Taiwan’s electronic and export stocks.
Third, J.P. Morgan recently held a closed-door investment summit, where Treasury Secretary Bessent revealed that the U.S.-China trade war is expected to gradually cool down, aiding the inflow of capital into Asian stocks, particularly as Taiwan’s stock market is viewed as a cornerstone of Asian markets, leading to significant foreign buying early in the session.
Fourth, after Tesla’s earnings report fell short of expectations, CEO Musk promised to significantly reduce focus on the DOGE segment and concentrate on core operations, instilling confidence in investors and driving simultaneous gains in Taiwanese EV and battery-related stocks.
Finally, the International Monetary Fund (IMF) recently upgraded Taiwan's economic growth forecast for 2025 to 2.9%, significantly higher than previous estimates, leading to a surge in sensitive domestic demand and economic stocks in Taiwan. The Sanli News Network reminds you: The content is for reference only, and investors should carefully assess risks and take responsibility for investment outcomes. Investing carries risks, and fund investments can yield profits or losses, so please read the prospectus before applying.