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Taiwan Stocks Surge Over 500 Points, Break 20,000 Barrier; Analyst Huang Zitong Discusses Key Challenges Ahead

Taiwan Stocks Surge Over 500 Points, Break 20,000 Barrier; Analyst Huang Zitong Discusses Key Challenges Ahead

The U.S. stock market rebounded strongly for the third consecutive day, with Taiwan stocks opening today (25th) up over 500 points, briefly exceeding the 20,000 mark. Analyst Huang Zitong from Guo De Investment Consulting believes that today's total expected trading volume will reach over 300 billion TWD, making it unlikely for the index to fall below 20,000. However, the next significant goal is to fill the gap left after the Ching Ming holiday at the 21,000 point level.

Huang suggests paying attention to cybersecurity software and semiconductor equipment stocks today. He emphasizes that despite Trump’s renewed proposals regarding counterpart tariffs for some countries, no significant negative news has emerged. Moreover, Federal Reserve officials suggested a possible interest rate cut in June, which is favorable for global markets, and U.S. stock indices surged last night.

Additionally, Huang mentioned that Alphabet, Google's parent company, recently released its quarterly earnings report, which exceeded market expectations, and announced a buyback of 70 billion USD, which significantly boosted market confidence. Concerning the performance of Taiwan stocks, Huang anticipates that if foreign buying remains strong, it could lead to a bullish market structure, with further attention on the TSMC supply chain and cybersecurity stocks.