Taiwan is to suspend stock trading on 23rd October due to typhoon conditions
Newsquawk Staff ·
Taiwan is to suspend stock trading on 23rd October due to typhoon conditions.
What it means
Weather-driven exchange suspensions are a recurring feature of the Taiwanese market calendar, which sits in a region where typhoon season routinely forces local government closures that the exchange follows. The operational precedent is well established: when Taipei announces closures, cash equity and onshore derivatives trading is suspended and settlement obligations roll forward, so positions and expiries scheduled for the closure day shift rather than lapse. The distinction worth drawing is between the onshore market and offshore proxies: Taiwan-linked futures listed in other jurisdictions, and Taiwan-weighted regional index products, have historically continued to trade through such suspensions, which leaves price discovery running on thinner, offshore liquidity while the primary venue is shut. Index providers have standing provisions for market closures of this kind, treating them as non-trading days rather than trigger events. The practical follow-ons are confirmation of whether the suspension extends beyond a single session, since typhoon tracks have on past occasions kept Taiwanese markets shut for consecutive days, and any resumption guidance from the exchange. On reopening, the established pattern is a catch-up move as the cash market realigns with whatever offshore instruments and regional peers did during the closure.
- Deepseek is reportedly looking to increase the pace of its IPO timeline, sources suggest
- TSMC (2330 TT/TSM) is reportedly looking for factory-equipment alternatives to hinder China's rare earths grip, according to reports
- PRE-MARKET INDIAN STOCK NEWS: Eternal Q2 profit misses estimates, announces restructuring; Alkem initiates forensic audit; Nestle India, Zydus Wellness face FSSAI notices; RBI minutes flag further hikes
- PRE-MARKET CHINESE STOCKS NEWS: Hansoh Pharma (3692 HK) struck an ADC licensing deal with Roche worth up to over USD 15bln in milestones; CSRC approved 18 actively managed ETFs to support the stock market
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Mitsubishi Electric (6503 JT) agreed to sell a 50% stake in its automotive equipment unit to a Hon Hai (2317 TT) unit for c. JPY 115bln
Related headlines
- US military says it has banned BYD (1211 HK) vehicles from a base in Japan because of unacceptable and unmitigable risks7 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Earnings from Adani Energy Solutions, Adani Total Gas, Hindustan Petroleum & Jindal Stainless9 hours ago
- China is said to tighten scrutiny of listed company spin-offs10 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: Earnings from China Telecom and Chow Tai fook11 hours ago
- HD Hyundai Co (267250 KS) unit is to assess US Navy support vessel contracts, commercial shipbuilding and shipyard supply opportunities, while Co. plans to hire approximately 3,000 workers for its shipyard11 hours ago
- SK Telecom (017670 KS) data centre unit is in talks with investors for a USD 350bln buildout11 hours ago
- PRE-MARKET SINGAPORE STOCKS NEWS: Seatrium (SMM SP) signed a contract with Karpowership; Taiwan markets are closed ahead of a typhoon12 hours ago
- BHP (BHP AT) announced NSW approves Mt. Arthur coal mine transformation plan12 hours ago
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Tech stocks in focus after the sell off in the sector stateside, while SK Hynix cancels plan to list Solidigm unit on the Nasdaq13 hours ago
- Australia proposes to raise cap on banks covered bond issuance and opens consultation on financial sector competition13 hours ago
- PRE-MARKET AUSTRALIAN STOCKS NEWS: Whitehaven Coal (WHC AT) Q1 managed run-of-mine production rose 3% Q/Q to 11.0mln tons, equity sales of produced coal fell 5% Q/Q to 6.0mln tons14 hours ago
- SK Hynix (000660 KS) cancels its plans to list Solidigm on the Nasdaq with an announcement expected soon, according to Korean press15 hours ago
- Nippon Steel (5401 JT) reportedly plans to invest around USD 3bln in Pennsylvania, as part of its broader USD 11bln US investment programme through 2028, according to Nikkei22 hours ago
- PRE-MARKET CHINESE AND HONG KONG STOCK NEWS: Anta and FILA Q3 retail sales decline; Sands China Q3 net income falls c. 30%; China Life to sell Pension Company stake to parent; Frontage halted pending takeovers announcement1 day ago
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Japan's health ministry halts new Tavneos use, questions Kissei approval data; Mitsubishi Corp approves US copper mine; Samsung Electro-Mechanics joins NVIDIA substrate supply chain1 day ago