Chung Hwa Picture Tubes said it sold 774 lots of Yageo common shares between Aug. 31 and Sept. 4, according to a company disclosure cited by ABMedia. The average selling price was NT$554.76 per share, and the total transaction value came to about NT$429 million. The sale produced a loss of about NT$1.805 million, or roughly 0.42%, leaving the company close to break-even.
Company still holds 1,093 lots after the sale
After the disposal, Chung Hwa Picture Tubes still held 1,093 lots of Yageo, with a market value of around NT$609 million. The report also noted that the company had recently taken profits in other holdings, including Nanya Technology and Win Semiconductors. Selling Yageo brought back more than NT$400 million in cash.
Foreign investors bought 10,000 lots on Sept. 4
While Chung Hwa Picture Tubes exited part of its position at a small loss, Yageo's shareholder structure shifted in the opposite direction. On Friday, Sept. 4, foreign investors made a large-scale return to the stock, buying 10,000 lots in a single day. Net buying reached NT$10.5 billion, and overall foreign ownership moved above 44%.
ABMedia said concentration among holders with at least 1,000 lots and other major players stayed near 68%. It also said selling pressure from investment trusts had clearly eased after their adjustments in the second half of August.
Yageo jumps 6% and retakes NT$600
Supported by continued demand from AI servers and higher-end automotive applications, Yageo rose 6% and climbed back above NT$600. Holy Stone hit limit-up in the same session, putting passive component names back in focus.
Yageo had dropped from a July peak of NT$1,220 to NT$456, then spent more than a month consolidating near the lows. The report said the stock has now moved back above its monthly moving average. If it breaks through the NT$670 neckline, the next resistance level would be the quarterly moving average at NT$750.
The ABMedia report centers on the contrast between Chung Hwa Picture Tubes reducing its position and foreign investors stepping in aggressively. Whether passive component stocks are entering a deep-oversold rebound remains a key point for the market to watch.