Foreign investors sold Taiwanese stocks at a record pace in October, as a global selloff in artificial intelligence-related shares pushed the island's benchmark index close to a technical correction, Bloomberg reported.
October · Taiwan equities
Foreign investors sell Taiwan stocks at a record pace as the AI selloff pushes the index toward correction
Global retreat from AI-linked shares has spilled into Taiwan's benchmark, which is now close to a technical correction. October became the largest month on record for foreign selling of Taiwanese equities.
Record
Largest month on record for foreign selling of Taiwanese stocks
~10%
Typical decline from a recent peak that defines a technical correction
Close to
Benchmark index's position relative to a technical correction
What a 10% correction looks like
Illustrative scale: each block is 1% of the recent peak. The index's exact decline is not specified in the reporting.
Correction zone
~10% below peak
How the selloff is moving through the market
Step 1
Global AI shares sell off
→
Step 2
Investors cut AI exposure across markets
→
Step 3
Foreign funds sell Taiwan stocks
→
Step 4
Benchmark nears correction
Signals of stabilization
Foreign outflows slow or reverse
AI-related valuations stop falling
The index holds above the correction zone
Signals of deeper pressure
Outflows continue at a high pace
The index slides further from its recent peak
The selloff proves broader than a short-term adjustment
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