Taiwan stocks were bloodied, and the fortunes of Morris Chang, Terry Gou, and Lin Bai-li instantly evaporated
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On the 7th, the Taiwan stock market plummeted by 2,065.87 points, closing at 19,232.35 points, marking the largest point drop at closing, with a decline of 9.7%. 937 listed companies hit the daily limit down, with weighted stocks such as Taiwan Semiconductor, Hon Hai, and Quanta all closing at the limit down. The fortunes of figures like Morris Chang, Terry Gou, and Lin Bai-li evaporated instantly, with Terry Gou losing NT$ 26.132 billion and Morris Chang losing NT$ 11.762 billion. This stock market crash is related to Trump's tariff policy, with trading volume dropping to a new low since December 30, 2022
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