Foreign Investors Sell 22.2 Billion TWD, Reduce 6 Active ETFs, Increase UMC Holdings by Nearly 40,000 Lots

On the 29th, Taiwan's stock market continued its sharp decline from the previous trading session, plunging 1,564 points or 3.76%, under heavy selling pressure from semiconductor and electronics heavyweight stocks. Trading volume slightly increased to 1.08 trillion TWD, with the three major institutional investors collectively selling 31.757 billion TWD. Foreign investors continued their selling streak, offloading 22.252 billion TWD for the second consecutive session, heavily adjusting ETF positions. Among the top 10 foreign sell-short positions, nine were ETFs, six of which were active ETFs. The most heavily sold was Yuanta Taiwan Upgraded 50 (00403A-TW), with a massive 144,500-lot reduction. Among passive ETFs, Yuhua Taiwan 50 (0050-TW) ranked second with 104,900 lots sold.

Analyzing the daily trading activities of the three major institutions: foreign investors sold 22.252 billion TWD, investment trust companies bought 9.094 billion TWD, and proprietary traders sold 18.599 billion TWD, resulting in a total net sell of approximately 31.757 billion TWD. In futures positioning, foreign investors slightly reduced their short positions by 525 contracts, but still maintained a substantial short position of 82,700 contracts.

Among foreign investors' top 10 net buys, United Microelectronics Corporation (UMC) led with 39,600 lots bought. Others included Nan Ya Plastics with 25,400 lots, Fubon FTSE Real Estate (00712-TW) with 21,200 lots, AU Optronics and Hua Nan Financial Holdings each with 17,500 lots, China Airlines with 14,100 lots, Chunghwa Telecom with 12,900 lots, EVA Airways with 12,700 lots, Capital Taiwan High Dividend Select (00919-TW) with 11,000 lots, and Shanghai Commercial & Savings Bank with 10,200 lots.

Among foreign investors' top 10 net sells, ETF adjustments remained dominant. Yuanta Taiwan Upgraded 50 (00403A-TW) was again the top sell with 144,500 lots, following yesterday's 148,000-lot sell-off, marking four consecutive days of selling totaling 416,000 lots. Passive ETF Yuhua Taiwan 50 (0050-TW) followed with 104,900 lots sold. Third was Yuanta Taiwan Growth (00981A-TW) with 88,700 lots sold. Others included Fubon Future 50 (00991A-TW) with 58,900 lots, Cathay Taiwan TOP50 (009816-TW) with 58,200 lots, Fubon Taiwan Dragon (00405A-TW) with 40,500 lots, Capital Tech Innovation (00992A-TW) with 31,400 lots, Yuanta High Dividend (0056-TW) with 15,800 lots, individual stock Winbond Electronics with 15,300 lots, and Cathay Dynamic High Dividend (00400A-TW) with 14,100 lots.

Among investment trust companies' top 10 net buys, eight were financial stocks. The top buy was China Trust Financial Holding with 11,800 lots, followed by Dah Ching Steel with 6,250 lots, Cathay Financial Holding with 5,449 lots, Mega Financial Holding with 5,321 lots, Cathay Financial Holding with 3,211 lots, Hua Nan Financial Holding with 3,181 lots, Fubon Financial Holding with 3,093 lots, Unimicron with 2,630 lots, Taishin Financial Holding and Yuanta Financial Holding each with over 2,400 lots.

Among investment trust companies' top 10 net sells, UMC led with 15,400 lots sold, followed by Nan Ya Plastics with 14,500 lots, Wan Hong with 3,730 lots, EVA Airways with 2,887 lots, Far EasTone with 1,833 lots, Nanya Technology with 1,684 lots, Chiang Mai with 1,313 lots, followed by Goldtek, Walsin Technology, and Silicon Power *-KY.

Market analysts noted that today's market was primarily pressured by large-cap stocks, with semiconductor, memory, and passive component sectors broadly under pressure. Funds rotated into select automotive, aviation, and container shipping stocks for safe-haven plays. Although the index recovered above the 40,000-point level by the close, there remains no clear sign of stabilization in the short term. The market will now watch whether the 40,000-point level and today's low can form solid support.