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[BUSINESS] · Taiwan · 3 sources

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National Security Fund's 9th Stabilization Yields 99 billion TWD

The Taiwan National Security Fund (NSF) carried out its ninth market‑stabilisation operation, lasting 279 days from 9 April 2025 to 13 January 2026, the longest such intervention in Taiwan’s history.

The fund invested about NT$122.5 billion in eight blue‑chip stocks – Taiwan Plastics, Delta Electronics, Foxconn, TSMC, Quanta Computer, MediaTek, Fubon Financial and ASE Technology Holding – and sold all positions at a profit.

Net profit after interest and fees was NT$99.32 billion, an 81 % return. TSMC alone contributed roughly NT$77.7 billion (about 77 % of total profit). ASE Technology Holding delivered the highest return rate at about 116 %.

During the intervention the Taiwan weighted index rose 12,107 points (≈65.6 %). Foreign investors shifted from a net sell‑off of about NT$7,050 billion before the operation to net buying of NT$933 billion in June and NT$2,280 billion in July. The fund completed its exit by 6 May 2026, with the index reaching a record 41,138.85 points.

Entities

ASE Technology Holding · Foxconn (Hon Hai Precision Industry) · Ministry of Finance (Taiwan) · National Security Fund (Taiwan) · Taiwan Semiconductor Manufacturing Company (TSMC)

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