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The Financial Supervisory Commission's verification states that the "young stock god" did not incur losses. Peng Jinlong: There is no bear market crisis in the Taiwan stock market, and most liquidations involve those over 40 years old.
Trump's tariff policy hit the world, the financial control and the central bank in the line of fire to face public grievances, while Peng Jinlong said that there is no wave of young people guillotining, most of the victims are over 40 years old, and said that whether the air restriction order will continue will be announced on Saturday. (Synopsis: The "drop limit" of Taiwan stocks unexpectedly triggered heated discussions among foreign villagers: can you still play like this? What is the difference with US stock circuit breakers? (Background added: Housing market ready to crash? The collapse of Taiwan stocks has caused a sharp increase in "selling houses to save stocks", and mortgage business calls cannot be answered) The recent collapse of Taiwan stocks has caused public resentment, and Peng Jinlong of the Financial Control Commission was questioned by legislators at the Finance Committee today, Peng Jinlong made it clear that there were no "bear market signs" in Taiwan stocks, pointing out that the decline is still a normal pullback and is still within the controllable range of the economy, and also clarified negative rumors such as the harm to the "young stock god", saying that most of the main severers in this wave are shareholders over 40 years old. Financial Regulatory Commission: Pay close attention to Taiwan stocks, take precautions Peng Jinlong responded to the "bear market theory" of "legislator" Lai Shibao, Peng Jinlong decisively stated that according to economic logic, in order to meet the bear market standard, and said that Taiwan stocks are now not suffering from a bear market, but a normal pullback, and then also by the "legislators" responded that the financial management committee does not dare to judge the economic situation and cyclicality. In response to the recent sharp decline, investors borrowed a lot, and even used insurance policies, real estate and other "selling houses to save stocks" and other market rumors, Peng Jinlong also said that the FSC is paying close attention to the credit and lending risks related to Taiwan stocks, and he also said that the data shows that the victims are less related to the "young people's guillotine tide" that is popular in the market: We observe that the trading volume in the past two days is normal, and it is difficult to say that it is a "bear market" in theory... That Yan, we see that the data on our side shows that it is in the range of 40 to 69 years old, and about seventy percent of those who have been cut off are in this segment, which is not in line with the trend of more young people you said In response to the collapse of Taiwan stocks, when will the air restriction order end? Regarding the systemic and overall risks of Taiwan stocks, Peng Jinlong also said that the FSC has taken relevant measures to check the gate, including the 7th has relaxed the possibility for investors to allow multiple collateral supplementary payments after the consent of securities financial institutions or securities firms, including the industry-defined financing self-reserve and securities margin difference. As for whether the real-time cooperation between banks, stock exchanges and securities firms will lead to a liquidity card closure, Peng Jinlong also said that he has urged the stock exchange and relevant units to accelerate improvement: At present, it seems that it is under control, and it will not lead to a systemic storm, especially in these days, we will pay close attention As for when the air restriction order will be maintained, Peng Jinlong said that it is the primary goal of the FSC to return the market to normal, but considering that the current market conditions are different, the current short limit order of the FSC expires 4/ 11After reviewing the international market, overtime will be announced on Saturday (4/12) whether it needs to be extended. The Minister of Finance responded: the discussion of the national security fund has increased In the face of the issue of the national security fund, DPP legislator Guo Guowen questioned with data that in the past to now, the market share of the 500 billion yuan of the national security fund has become smaller and smaller, and questioned whether the Taiwan authorities and the national security fund still have the ability to continue to save if something happens in the future, and how to support Taiwan stocks with a market value of 73 trillion. In this regard, Finance Minister Zhuang Cuiyun personally replied that he believed that in the past, he had already assessed whether the size of the national security fund was sufficient, and the relevant details would be announced at an appropriate time. Related Stories P2P Trading Is All Illegal? Taiwan's financial management committee shouted "seven years of personal currency business", VASP special law draft sent to the Executive Yuan in June Bitcoin-to-gold ratio fell below the 12-year support line, fearing a backtest of $65,000... Is this bull market over? Yang Jinlong: The "soft landing" of Taiwan's housing market has taken initial effect, but the central bank's control will not be relaxed, and it does not want to repeat the Japanese bubble: Peng Jinlong: Taiwan stocks have no bear market crisis, and most of the severed heads are over 40 years old" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".