Taiwan Panel Makers Soar, Then Plunge on Heavy Volume; Aupeng Gains 1.92%, AU Optronics Loses 40 Yuan Support on Nov 12

According to market data, Taiwan's panel makers Aupeng (2409) and AU Optronics (3481) staged volatile trading on November 12, with combined volumes surging to 68.9 million shares. Aupeng initially surged to hit the daily limit at 31.5 yuan before closing at 29.2 yuan, up 1.92 percent; AU Optronics climbed as high as 43.3 yuan but retreated to close at 38.85 yuan, down 4.31 percent and breaking through the 40-yuan support level. The surge was driven by investor interest in advanced packaging themes including glass substrates (GCS), co-packaged optics (CPO), and fan-out panel-level packaging (FOPLP), according to TrendForce. However, analyst concerns over weak consumer electronics demand and unrealized new business revenue drove the afternoon selloff, with analysts recommending investors await technical support retest before adding positions.
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