讀後心得

The tariff policy of U.S. President Trump has had a significant impact on global stock markets, with U.S. stocks plummeting for two consecutive days, nearing bear market territory. Taiwan has also been subjected to a 32% tariff, with the market anticipating that Taiwan stocks will face high selling pressure when it opens on Monday. To stabilize market sentiment, Premier Su Tseng-chang convened a meeting to discuss countermeasures and has prepared 18 rescue plans. The Financial Supervisory Commission and the eight major state-owned banks are ready to intervene to help stabilize the market, and they will continue to closely monitor market developments in the future.

The U.S. President's tariff policy has dealt a major blow to global stock markets, with the three major U.S. indices declining for two consecutive days, nearly reaching bear market levels. Taiwan has been hit with a 32% tariff, exceeding market expectations, and the Taiwan stock market may face unprecedented selling pressure when it opens on Monday (the 7th) during the long holiday. Currently, the Executive Yuan convened a meeting again on the 5th, where the Premier stated that the Taiwan National Security Fund has reached a size of NT$500 billion, and has been urgently prepared under the directives of the heads of finance and economic ministries, with a possibility of convening an emergency committee to respond to stock market fluctuations.

To stabilize market sentiment, the Premier held discussions with senior officials from finance, the central bank, and the Financial Supervisory Commission to hear responses from various departments. During the meeting, relevant agencies reported on the current status of the Taiwanese stock market and future stability measures, and further discussed how to address exchange rate fluctuations and the situations of Taiwanese investments abroad. The Executive Yuan plans to continue holding meetings to closely monitor market developments.

According to assessments, the Taiwan stock market may test the 20,000-point threshold when it opens on Monday. The Financial Supervisory Commission is currently preparing response measures, with 18 sets of market rescue plans on standby, including increasing short selling costs and restricting short-selling below par. If the market experiences a significant crash, the Financial Supervisory Commission will take proactive measures to maintain trading order.

The eight major state-owned banks, which have funds amounting to NT$100 billion available to help stabilize the market, are already on standby to enter the market. The National Security Fund was originally scheduled to hold a routine meeting on April 14, but due to the unexpected international economic changes, the state-owned banks may first have securities firms enter to purchase large-cap stocks to stabilize the overall market without formally initiating protective measures.