Taiwan's National Stabilization Fund Launches 10th Intervention as Stock Market Plunges 5,510 Points in Single Week

According to Economic Daily, Taiwan's National Stabilization Fund activated its 10th market intervention on Friday, November 6, following a single-week stock market decline of 5,510 points, representing a 12.1% drop.

The fund is expected to target 15 blue-chip stocks, including Taiwan Semiconductor Manufacturing Company, Unimicron Technology, and Nanya Technology, to lead the market's bottom-building and rebound efforts, with support from eight state-owned financial institutions.

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