BusinessPhoto: Mint MarketsTaiwan Stocks Rally After Authorities Intervene to Stop Market Slide
Taiwanese shares surged as authorities introduced measures to restore investor confidence following the longest sell-off since 2022 amid a global AI stock downturn. The Taiex Index rose up to 5%, ending a seven-day decline that pushed the market into bear territory. Key gains came from Taiwan Semiconductor Manufacturing Co. and MediaTek Inc., each rising over 5%. The government imposed stricter short-selling limits and prepared to use a NT$500 billion stabilization fund to calm the market.
Mint Markets·



