Yageo's stock price was heavily battered in July, plunging over 40% from its monthly high of NT$1,220. Market speculation had pointed to major shareholder dumping as the cause of the decline. However, the latest data reveals that Chairman Chen Tai-ming 'did not sell a single share.' Earlier rumors suggested that 'Chen Family Heritage Company,' Yageo's largest individual shareholder with a 6.82% stake, might be preparing to sell or transfer shares after lifting a high-value stock pledge. But this too proved unfounded.

On July 17, Yageo stated it had received no equity change notifications from Chen Family Heritage Company. Verification confirmed no changes in its shareholding. The company currently holds 141,441,068 shares, or 6.82% of total issued shares, qualifying it as a major shareholder required to file disclosures before any transfer. No such filings have been made.

According to the latest insider shareholding data from the Public Information Observation Station for July, Chen Family Heritage Co., Chairman Chen Tai-ming, Hsu Chang Hsing, CEO Wang Dan-ju, Chen Shao-chiao, and other executives all reported zero share sales—truly not a single share sold. The only insiders who filed share transfers were Chief Information Security Officer Yang Yung-cheng and his family. Records show Yang sold 600 shares, while his spouse and minor children sold 500, totaling just 1,100 shares.

So who caused Yageo's sharp drop from a July peak of NT$1,220 to a month-low of NT$456.5? Financial commentator Yeh Yu-shuo analyzed the three major institutional investors' July activities: foreign investors bought a net 15,000 shares, investment trusts sold a net 38,700 shares, and proprietary traders sold a net 7,743 shares. This confirms at least that Chen Tai-ming was not the seller.

What exactly happened in the market? Yeh bluntly stated that even foreign investors were net buyers, calling the situation 'highly suspicious.' Could there be some unusual accounts selling? 'You know, I know, and even the one-eyed dragon knows,' he remarked sarcastically, implying the truth might be widely understood despite the secrecy.

Additional exclusive reports from Wind Media: · Buying Yageo for the afterlife, picking up Chuan Lake to send to Ci Lake? Hsieh Jin-he reveals the market's fear limit: half-year reports will expose 'hype-driven stocks' · Is buying MediaTek better than TSMC? Can Yageo return to the NT$1,000 level? Tu Jin-long reveals rebound signals: prioritize these two stocks · Can Yageo still be bought after a 40% crash? Experts reveal a second major rally: wait quietly for 'this line' before re-entering

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  • Source: PR Times
  • Category: News