$Taiwan Semiconductor Manufacturing(TSM)$ Foreign investors have been dumping TSMC ordinary shares in volume for 10 straight days, trying to push the stock price down without any sound reason. Some ETFs face limits on how much they can hold due to the higher share price, but that doesn't really count as a valid explanation. Their total holding has dropped to 17,806.505m shares, or 68.7% of TSMC's outstanding shares. Meanwhile, domestic investment trusts have been defending TSMC for 15 straight days. I haven't seen this kind of aggressive selling combined with domestic support in decades. Taiwan's government has done a good job allowing domestic funds to increase their holdings in a single stock, and it does help TSMC a lot.
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