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Selling Wave from Proprietary Traders: TSMC Takes the Lead as Top Sold Stock, Hon Hai Suffers

Selling Wave from Proprietary Traders: TSMC Takes the Lead as Top Sold Stock, Hon Hai Suffers

The Taiwanese stock market saw a slight increase, with the weighted index rising by 2.4 points to close at 20235.03 points, gaining approximately 0.01%. According to data from the Stock Exchange, proprietary traders had a sell excess of NT$30.73 billion today, with TSMC (2330) being the leading stock sold, offloading 1,644 shares. This was followed by Shin Kong Financial (2888) and CTBC Financial (2891), with sell-offs of 1,480 and 1,414 shares, respectively.

Many investors expressed confusion regarding the proprietary traders' selling behavior, questioning whether this indicates a 'running away market.' Among the top ten stocks with the highest sell-offs today, there were four electronics stocks, two traditional industry stocks, and four financial stocks, including wafer, AI, and IC design for electronics; and shipping, electrical wires for traditional industries. TSMC and Hon Hai rank first and third in terms of market capitalization within the top ten.

In terms of the ranking of stock excess sold by proprietary traders, TSMC leads, followed by Shin Kong Financial and CTBC Financial. The remaining ranks from fourth to tenth include Hon Hai (2317) with 1,202 shares sold, China Airlines (2610) with 798 shares, Winbond (2344) with 702 shares, Huanan Financial (2880) with 690 shares, UMC (2303) with 649 shares, and Hwa Shin (1605) with 572 shares, while Cathay Funds (2883) sold 556 shares.

Investors are reminded to independently assess their risks when considering investments.