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TSMC helps stabilization fund net NT$7.7 billion in market intervention
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Latest | FOCUS TAIWAN - CNA ENGLISH NEWS
Taipei, Aug. 7 (CNA) Trading in shares of contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) during the latest market intervention helped Taiwan's National Financial Stabilization Fund earn about NT$7.7 billion (US$239 million), according to figures released by the fund Thursday.
The fund said purchases and subsequent sales generated a net profit of NT$7.77 billion, accounting for about 77 percent of its total net profit of NT$9.93 billion from the intervention.
During the intervention, which ran from April 9, 2025 to Jan. 12, 2026, the stabilization fund invested NT$12.25 billion in shares.
During the 279-day market intervention, the Taiex, the Taiwan Stock Exchange's benchmark index, soared 13,175.53 points, or 75.76 percent.
After selling its Hon Hai and ASE shares, the fund recorded net profits of NT$478 million and NT$1 billion, respectively, the data showed.