Telecom Stocks Become Safe Haven; Chunghwa Telecom and Far EasTone Hit New Highs Against Market Trend
NQ Score
7/100
N1 Content Completeness
8
AI Summary (NQ-processed)
On May 19, as the Taiwan stock market fell and key AI stocks faced a correction, investors sought refuge in telecom stocks. Chunghwa Telecom surged by about 5% intraday, reaching a historic high of NT$144. Far EasTone also touched its record high of NT$99.5. This trend reflects investors moving capital to the telecom sector, known for its stable revenue and profits, during market volatility.