Jiang Mingye Insights: The Significance of Taiwan Stock Market Surpassing 23,000 Points

Recently, the Taiwan stock market has demonstrated a strong rebound, with the weighted index surging by 930.77 points over the week, a remarkable increase of 4.18%. On Friday, the market successfully reclaimed the critical 23,000-point level. This rally not only signals a recovery in the market but has also attracted significant attention from the financial community. Veteran financial expert Jiang Mingye has conducted an in-depth analysis of the current performance of the Taiwan stock market and shared his unique insights.

The Logic Behind the Taiwan Stock Market Rebound

Jiang Mingye believes that the strong rebound in the Taiwan stock market is no coincidence but rather the result of multiple factors working together. First, from a fundamental perspective, the overall performance of the Taiwan stock market has remained robust, with corporate profitability and asset quality at high levels. Additionally, the recent shipment of the NVIDIA GB200 new AI servers has undoubtedly injected a boost of confidence into the market, further uplifting investor sentiment.

Jiang Mingye noted that despite significant gains last week, trading volume did not rise in tandem with stock prices, reflecting a degree of caution among market participants. However, foreign investors turning bullish and the unwinding of net short positions in Taiwan stock futures provided additional momentum for the market. These shifts in capital flows often serve as indicators of future market trends.

Market Sentiment and Future Outlook

Jiang Mingye pointed out that the Taiwan stock market reclaiming the 23,000-point level has undoubtedly tilted market sentiment toward optimism. Since November, the daily K-line chart has shown a pattern of breaking bottoms and rebounding, indicating that the market has cleared out floating shares. If the market stabilizes above 23,000 points in the coming sessions, it could pave the way for a renewed rally and usher in a new upward trend.

Furthermore, Jiang Mingye mentioned that historically, December is often a period when institutional investors and mutual funds strive to enhance their year-end performance. This year, with the NVIDIA Blackwell AI chips entering the shipment phase, the Taiwan stock market fundamentals are even more solid. Additionally, with the U.S. presidential power transition not occurring until January next year, December represents a “political vacuum” period, which is favorable for the year-end rally in the Taiwan stock market.

The Need for Investors to Monitor Market Dynamics

While the outlook for the Taiwan stock market appears promising, Jiang Mingye cautioned investors to remain vigilant and mindful of potential risks. He emphasized that market volatility is normal, and investors need to closely monitor market dynamics and adjust their strategies accordingly. He also advised investors to focus on the fundamentals and profitability of companies when selecting stocks, avoiding blind speculation.

In terms of investment strategy, Jiang Mingye recommended that investors adopt a phased buying approach to reduce the risk of single-entry investments. Additionally, he suggested paying attention to industries and companies with growth potential, such as technology and healthcare. These sectors are expected to maintain high growth rates in the future, offering investors attractive returns.