According to reports from the finance center, the Taiwan dollar surged once again during the morning trading session today (May 4), opening at 30.91 TWD, and within just one hour, it fell below the 30 TWD mark, hitting a low of 29.672 TWD, with a single-day gain exceeding 1.392 TWD, marking a 4.48% increase and setting a new record for the largest single-day increase.

Market analysts point out that this wave of appreciation is occurring too quickly, significantly impacting exporters, while the insurance sector is facing the brunt of it, potentially unable to issue dividends next year, leaving shareholders with only eco-friendly cups. Experts emphasize that the insurance industry has long invested heavily abroad, with a foreign asset total of 1.7 trillion USD, and a sudden surge in TWD will lead to rapid exchange losses.

Furthermore, on May 7, U.S. President Trump is expected to impose new tariffs on chips, which could disrupt the global supply chain and stock market performance, presenting a major variable for Taiwan’s tech stocks amidst ongoing market uncertainty.