Policy Relaxation on TSMC Shareholding Limit, Taiwan Stock Market to Challenge 40,000 Points This Week
The Financial Supervisory Commission's relaxation of shareholding limits for TSMC has driven the company's stock price to a new high, pushing the Taiwan stock market to potentially challenge the 40,000-point mark this week.
📋 Article Processing Timeline
- 📰 Published: April 26, 2026 at 12:16
- 🔍 Collected: April 26, 2026 at 12:31 (15 min after Published)
- 🤖 AI Analyzed: April 26, 2026 at 16:08 (3h 36m after Collected)
Central News Agency
(Central News Agency reporter Pan Chih-Hsiung, Taipei, 26th) The Financial Supervisory Commission (FSC) relaxed the shareholding limits for stock-type funds and active ETFs on Taiwan Semiconductor Manufacturing Company (TSMC), driving TSMC's stock price to a new historical high on April 24, which in turn pushed the Taiwan stock market to a new high for both intraday and closing. Analysts believe that with the continued rise of US technology stocks, the effect of policy relaxation is expected to continue to drive the Taiwan stock market to challenge the 40,000-point mark.
On April 24, TSMC set new historical highs of NT$2,190 and NT$2,185 for intraday and closing prices, respectively. This pushed the Taiwan stock market to a new intraday high of 38,989.94 points, and it closed at 38,932.4 points, setting another new closing high, surging by 1,218.25 points, the fifth-largest single-day increase in history.
With Iranian Foreign Minister Arachi's visit to Pakistan and positive earnings reports from companies, most US stocks closed higher on April 24. The Nasdaq and S&P 500 indices again set new historical highs. The Dow Jones Industrial Average closed down 0.16% at 49,230.71 points; the S&P 500 index rose 56.68 points or 0.8% to close at 7,165.08 points; the technology-heavy Nasdaq index rose 398.10 points or 1.63% to close at 24,836.60 points; and the Philadelphia Semiconductor Index rose 435.092 points or 4.32% to close at 10,513.664 points.
Chen Yi-Kuang, Chairman of Fubon Securities, stated in a phone interview that the FSC's relaxation of shareholding limits for stock funds and active ETFs on TSMC is expected to drive TSMC's stock price higher. Due to TSMC's high weighting, it is expected to drive the Taiwan stock market to challenge the 40,000-point mark, or even higher.
Chen Yi-Kuang pointed out that factors favorable to the upward trend of Taiwan stocks, in addition to policy relaxation, include the recent record highs of the four major US indices, which is expected to create a comparative effect for Taiwan stocks. The combined revenue of listed and OTC companies in Q1 exceeded NT$14 trillion, and based on net worth estimates, Q1 profits are also expected to reach a new high. In addition, the New Taiwan Dollar's appreciation against the US dollar from NT$32.2 to nearly NT$31.5 is expected to inject capital into the Taiwan stock market. He believes that since the high of 35,579 points on February 26 was not broken, the Taiwan stock market remains in an upward trend.
In addition, statistics from the Taiwan Stock Exchange show that foreign investors have net sold NT$510.437 billion from the beginning of this year to April 17. The strength of short squeezes on foreign investors is also expected to drive Taiwan stocks higher.
However, Chen Yi-Kuang also listed negative factors unfavorable to Taiwan stocks. As Taiwan stocks continue to hit new highs, from a technical perspective, the deviation rate between the index and the annual line of 31,359 points exceeds 40%, indicating pressure for a pullback after a significant rise. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's term ends on May 1, and Kevin Warsh, the new chairman nominated by Trump, is expected to take over, which may lead to hawkish remarks. Foreign investors still hold over 40,000 short positions in Taiwan stock index futures, all of which are negative factors. (Editor: Chang Liang-Chih) 1150426
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(Central News Agency reporter Pan Chih-Hsiung, Taipei, 26th) The Financial Supervisory Commission (FSC) relaxed the shareholding limits for stock-type funds and active ETFs on Taiwan Semiconductor Manufacturing Company (TSMC), driving TSMC's stock price to a new historical high on April 24, which in turn pushed the Taiwan stock market to a new high for both intraday and closing. Analysts believe that with the continued rise of US technology stocks, the effect of policy relaxation is expected to continue to drive the Taiwan stock market to challenge the 40,000-point mark.
On April 24, TSMC set new historical highs of NT$2,190 and NT$2,185 for intraday and closing prices, respectively. This pushed the Taiwan stock market to a new intraday high of 38,989.94 points, and it closed at 38,932.4 points, setting another new closing high, surging by 1,218.25 points, the fifth-largest single-day increase in history.
With Iranian Foreign Minister Arachi's visit to Pakistan and positive earnings reports from companies, most US stocks closed higher on April 24. The Nasdaq and S&P 500 indices again set new historical highs. The Dow Jones Industrial Average closed down 0.16% at 49,230.71 points; the S&P 500 index rose 56.68 points or 0.8% to close at 7,165.08 points; the technology-heavy Nasdaq index rose 398.10 points or 1.63% to close at 24,836.60 points; and the Philadelphia Semiconductor Index rose 435.092 points or 4.32% to close at 10,513.664 points.
Chen Yi-Kuang, Chairman of Fubon Securities, stated in a phone interview that the FSC's relaxation of shareholding limits for stock funds and active ETFs on TSMC is expected to drive TSMC's stock price higher. Due to TSMC's high weighting, it is expected to drive the Taiwan stock market to challenge the 40,000-point mark, or even higher.
Chen Yi-Kuang pointed out that factors favorable to the upward trend of Taiwan stocks, in addition to policy relaxation, include the recent record highs of the four major US indices, which is expected to create a comparative effect for Taiwan stocks. The combined revenue of listed and OTC companies in Q1 exceeded NT$14 trillion, and based on net worth estimates, Q1 profits are also expected to reach a new high. In addition, the New Taiwan Dollar's appreciation against the US dollar from NT$32.2 to nearly NT$31.5 is expected to inject capital into the Taiwan stock market. He believes that since the high of 35,579 points on February 26 was not broken, the Taiwan stock market remains in an upward trend.
In addition, statistics from the Taiwan Stock Exchange show that foreign investors have net sold NT$510.437 billion from the beginning of this year to April 17. The strength of short squeezes on foreign investors is also expected to drive Taiwan stocks higher.
However, Chen Yi-Kuang also listed negative factors unfavorable to Taiwan stocks. As Taiwan stocks continue to hit new highs, from a technical perspective, the deviation rate between the index and the annual line of 31,359 points exceeds 40%, indicating pressure for a pullback after a significant rise. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's term ends on May 1, and Kevin Warsh, the new chairman nominated by Trump, is expected to take over, which may lead to hawkish remarks. Foreign investors still hold over 40,000 short positions in Taiwan stock index futures, all of which are negative factors. (Editor: Chang Liang-Chih) 1150426
Choose to stand with facts. Your sponsorship is the power to protect press freedom.
Download the Central News Agency "First-Hand News" APP to get the latest news instantly.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.