After the government made many statements about "most consecutive trading days for the index to stay above 10,000",
Taiwan stock market had a biggest slump of all time to go down more than 6.3% (7.3% for the futures) today.
To take this 0050 ETF as an example (composed of top 50 Taiwan stocks),
it had so many potential trades to take on the train of slump!
The sector of passive components in Taiwanese Stock Market went so crazy since last year.
This Yageo is the leading one to make a perfect turnaround from a 2 digits stock to the 2nd highest price stock in Taiwan (called Queen of the stock market) .
The story started from the passive components went short in supply and the price kept going higher and higher,