Typhoon Terror: Taiwan Stocks Suffer Historic 8 Billion Loss in October Amid Unprecedented 3-Day Market Shutdown

Two typhoons disrupted the situation in October, and three trading days were lost in one breath. This is a schematic diagram. (Photo / newspaper photo)

For the first time in the history of the Taiwan stock market, two typhoons disrupted the situation in October Three trading days were lost in one breath, and brokerage fees and government securities taxes suffered heavy losses Taiwan’s stock market closed on October 31, the market was closed stock on October 31. The fast-moving Typhoon Shantuoer even caused Taiwan’s stock market to close for two days on October 2 and 3. At a time when Taiwan’s stock trading was booming, brokerage fees and securities taxes the government suffered heavy losses, and the total loss was more than 8 billion yuan, the first such case in history.

The Taiwan stock market is closed due to Kang Rui’s strong strength of 0.1425%. to Typhoon Shantuoer, 10 The platform holiday caused a total loss of at least 8 billion yuan in tax revenue and brokerage companies.

Huang Wenqing, vice president of Taishin Investment Consulting, said that fortunately this year is a bull year for the stock market, and the entire brokerage fees and securities transaction taxes are growing considering the safety of people’s lives when a typhoon hits, until age if the typhoon closes the market for several days, there is no need to worry about handling fees Or the short-term impact of taxation, because a bullish and active market is the source of endless income.

Huang Wenqing noted that this year Taiwan’s stock market has surpassed a record high of 24,000 points With the investment and application trends brought about by global AI research and development, TSMC will have almost no competitors in the next five years practitioners will benefit from this, and it is also expected that brokerage fees and securities transaction taxes will continue to grow.

According to statistics from the Ministry of Finance, the national net tax collection in the first nine months of this year was 2.9 trillion yuan, an annual increase of 5.5%. an annual increase of 52.6%, reaching the full year budget figure earlier than expected.

Prudent analysis of the performance of the Asian stocks this year As of October 25, Taiwanese stocks increased by more than 30% and mainland stocks rank, which increases by 15.31% at the end of September, second in the ASEAN market Philippines Three cities performed including China , Malaysia, and Vietnam all did well with a cumulative increase of more than 10%. the only Asian stock market to close in the black.

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