TSMC Shares Jump to Record High as Taiwan Eases Single-Stock Investment Caps for Funds

TSMC surges as Taiwan eases single-stock investment limits for funds

Relaxing a long-standing rule that capped actively managed funds from more than 10% in a single stock, the change effectively lifts a major hurdle that has prevented local money managers from taking full...

Taiwan shares soar more than 3% as TSMC hits new high

Shares in Taiwan surged more than 3 percent Friday as contract chipmaker Taiwan Semiconductor Manufacturing Co. closed at a new high after the Financial Supervisory Commission (FSC) raised the investment ceiling for the stock by active exchange-traded funds (ETFs).

TSMC shares jump to record high as Taiwan eases single-stock investment caps for funds

TSMC, whose shares had a hit a record high on Thursday as well, last week reported a 58% increase in first-quarter profit.

TSMC hits record high after Taiwan loosens fund investment limits; Taiex climbs 3.3% (TSM:NYSE)

TSMC hits a record high as Taiwan loosens single-stock fund limits, potentially driving $6B inflows.

TSMC Stock Hits Record After Taiwan Opens the Buying Door for Funds

TSMC shares closed at a record NT$2,185 in Taipei Friday, up 5.05%, after Taiwan eased single-stock limits for local equity funds and active ETFs. The rule change allows these funds to invest up to 25% in companies like TSMC, which makes up over 40% of the market. TSMC also announced a new A13 chip roadmap and expanded U.S. packaging plans. MediaTek and UniMicron shares also rose sharply. The post TSMC Stock Hits Record After Taiwan Opens the Bu…