Foreign Investors Record NT$102.46 Billion in Net Selling, Targeting Taiwan ETFs
Table of Contents
You might want to know
- Which stocks and exchange-traded funds were the largest targets of foreign investors’ selling?
- How did the buying and selling strategies of foreign investors, investment trusts, and dealers differ?
Market Decline and Institutional Trading
Taiwan’s stock market closed at 41,574.72 points on the 5th, down 1,374.19 points, or 3.2%. The decline pushed the benchmark below the 42,000-point level. Total trading value reached 9,260.24 billion New Taiwan dollars. Foreign investors recorded net selling of 102.461 billion New Taiwan dollars, making the session the tenth-largest foreign net-selling day on record. Their largest disposals included 170,000 lots of 00406A and 72,000 lots of Yuanta Taiwan 50.
The day’s trading reflected broad pressure on the market, alongside notably different positions among institutional investor groups. The three major institutional categories together recorded net selling of 123.456 billion New Taiwan dollars. Foreign investors and proprietary dealers were net sellers, while investment trusts were net buyers. These combined figures show that domestic investment trusts moved against the direction of the other two groups, even as the market posted a substantial decline.
Foreign investors sold a net 102.46 billion New Taiwan dollars, extending their net-selling streak to six consecutive sessions. Investment trusts bought a net 22.531 billion New Taiwan dollars, extending their buying streak to eighteen consecutive sessions. Proprietary dealers sold a net 43.527 billion New Taiwan dollars, marking their sixth consecutive session of net selling. The figures point to continued buying by investment trusts, in contrast with persistent selling by foreign investors and dealers.
Among foreign investors’ purchases, China Airlines (華航) led with 48,000 lots. They also bought 47,000 lots of 00712 Fuh Hwa FTSE Taiwan REITs, and 43,000 lots of 00953B Capital TIP Customized Taiwan High Yield Bond ETF. Other notable purchases included 18,000 lots of 00753L CTBC China 50 Leveraged, 17,000 lots of EVA Airways (長榮航), and 11,000 lots of Pou Chen (寶成).
Foreign investors also bought 10,000 lots of Formosa Petrochemical (台塑化), 9,396 lots of 00984D AllianceBernstein Global High Yield Bond Active ETF, and 4,939 lots of 00945B KGI US High Yield Bond ETF. Chunghwa Telecom (中華電) was another purchase, with 4,839 lots. Together, these positions show that foreign investors were not selling every sector or security indiscriminately; they continued to add to selected airline, real-estate, bond, and individual company holdings while reducing other positions.
The largest foreign-investor sale was 00406A CTBC Taiwan Income Active ETF, at 170,000 lots. Yuanta Taiwan 50 followed with net selling of 72,000 lots, while 00981A Capital Taiwan Growth Active ETF saw selling of 61,000 lots. Foreign investors also sold 35,000 lots of Taiwan Glass (台玻), 34,000 lots of 00403A Capital Taiwan Upgrade 50 Active ETF, and 33,000 lots of 009828 CTBC Taiwan-Japan-Korea PCB ETF.
Additional foreign-investor sales included 29,000 lots of United Microelectronics Corporation (聯電), 24,000 lots of 00400A Cathay Momentum High Dividend Active ETF, and 22,000 lots of 00992A Capital Taiwan Technology Innovation Active ETF. Walsin Lihwa (華新) recorded net selling of 19,000 lots. The list of major sales therefore included multiple funds and individual stocks, with particularly large outflows from 00406A and Yuanta Taiwan 50.
Investment trusts, by comparison, focused their buying heavily on financial companies. They purchased 17,000 lots of CTBC Financial Holding (中信金) and 11,000 lots of Taishin Financial Holding (台新新光金). Their other leading purchases included 8,161 lots of Mega Financial Holding (兆豐金), 6,391 lots of Nanya Technology (南亞), and 5,752 lots of Cathay Financial Holding (國泰金).
Investment trusts also bought 4,051 lots of Yuanta Taiwan 50, 3,596 lots of Hua Nan Financial Holdings (華南金), 3,372 lots of Yuanta Financial Holding (元大金), and 3,363 lots of United Microelectronics Corporation (聯電). Taiwan Semiconductor Manufacturing Company (台積電) was another purchase, at 2,717 lots. These purchases illustrate the group’s continued net buying, including positions in financial companies, a major index ETF, and selected technology-related names.
On the selling side, investment trusts disposed of 20,000 lots of Formosa Petrochemical (台塑化). Other notable sales included 2,673 lots of Nanya Technology (南亞科) and 1,660 lots of 0052 Fubon Technology ETF. They also sold 1,309 lots of Winbond Electronics (華邦電), 1,280 lots of Ho Cheng (禾伸堂), and 942 lots of Yageo* (國巨*).
Investment trusts’ additional sales included 472 lots of Sigurd Microelectronics (矽格), 417 lots of Wiwynn (緯穎), and 349 lots of Uni-President Securities (統一證). Kinsus Interconnect Technology (景碩) recorded net selling of 337 lots. Their activity thus combined substantial net buying overall with targeted sales in a range of individual securities, including Formosa Petrochemical, which was also among the stocks bought by foreign investors.
These daily transaction figures describe net buying and selling by investor category, rather than the reasons behind each trade. The data show the scale and direction of reported activity, but they do not establish whether a specific trade was driven by portfolio rebalancing, risk management, short-term views, or other considerations. The contrast between foreign-investor selling and investment-trust buying is therefore best understood as a difference in recorded positioning, not as proof of a single market-wide outlook.
Key Insights Table
| Aspect | Description |
|---|---|
| Market close | The market closed at 41,574.72 points, down 1,374.19 points, or 3.2%, and fell below 42,000 points. |
| Trading value | Total trading value was 9,260.24 billion New Taiwan dollars. |
| Foreign investors | Net selling of 1024.61 billion New Taiwan dollars ranked as the tenth-largest on record; the selling streak reached six sessions. |
| Investment trusts | Net buying totaled 225.31 billion New Taiwan dollars, extending the buying streak to eighteen sessions. |
| Proprietary dealers | Net selling totaled 435.27 billion New Taiwan dollars, marking six consecutive sessions of net selling. |
| Largest foreign sale | Foreign investors sold 17.0萬張 of 00406A CTBC Taiwan Income Active ETF and 7.2萬張 of Yuanta Taiwan 50. |
| Combined institutional activity | The three major institutional categories recorded combined net selling of 1234.56 billion New Taiwan dollars. |
Afterwards...
The trading session was marked by a sharp market decline and substantial foreign-investor selling, while investment trusts maintained a prolonged buying streak. The contrast among investor groups, along with the concentration of activity in particular ETFs and financial, airline, and technology names, provides a useful snapshot of positioning on the day. Future sessions will reveal whether these different flows persist or shift; the figures reported here alone do not determine the market’s next direction.
Last edited at：2026/11/5
