Huaxia Jingwei.com According to Taiwanese media reports, the biotechnology company High-End, which developed Taiwan's self-produced vaccine , and its parent company Kia , have been questioned for insider trading. There have been frequent reports before. Finally, on the 29th, the Taiwan authorities' inspection unit was divided into 16 teams to seize many of the company's equipment and interviewed 18 people including Gia's chairman Zhang Shizhong . In this regard, KMT Taipei City "legislator" candidate Wang Hongwei sarcastically asked Tsai Ing-wen, who hurriedly came out to hold a press conference as soon as the high-end stock price dropped to the limit, will she come forward to make it clear this time, "or will she hide again?"
Affected by the negative impact of insider trading, the share prices of high-end companies and its parent company Kia fell sharply at the opening of today (30th). Among them, Kia fell sharply by 9.3% to 32.4 yuan (NT$, the same below), and high-end companies fell by 7.6% at the opening to a minimum of 62.2 yuan. Then buying came into the market, and the stock prices of the two companies converged. As of 9:40 a.m., Keya and High-end fell by about 6%.
The Kuomintang legislative caucus held a press conference today. The caucus general Zeng Mingzong named him. Xue Ruiyuan, the head of the health department of the Democratic Progressive Party, smeared the Kuomintang 's crackdown on insider trading as shorting stocks . Now that the investigation has begun to investigate high-end insider trading, Xue should step down.
Zeng Mingzong said that the high-end chairman is Zhang Shizhong, the head of Kya, who had 20 major stock speculation incidents in the past, and the company's image is poor. Nowadays, the DPP authorities are doing their best to protect and cultivate high-end companies, but insider trading has also occurred, which has affected the public's trust in high-end companies. Political affairs officials will be held accountable in the future.
"Legislator" Fei Hongtai revealed that the turnover of High-end from 2016 to 2018 was zero, the turnover in 2019 was 1.12 million yuan, and the turnover in 2020 was 11.5 million yuan. However, after the Democratic Progressive Party authorities escorted high-end companies to obtain emergency use authorization (EUA) for the new crown vaccine , last year’s revenue soared to 3.28 billion yuan.
Fei Hongtai said that the Securities and Futures Bureau originally failed to approve the high-end capital increase in 2020, but it was passed after the intervention of "legislators" and others about a month later. At that time, the stock price was 30 to 60 yuan, and people began to purchase the stock at a price, and 9 abnormal transactions occurred after that. He said there was no insider trading, "I wouldn't believe it even to death." If the DPP authorities know clearly that there is a culprit but do not cut it off, then they have failed.
"Legislator" Lai Shibao said that the high-end insider trading case was reported nine times before the election, but the investigation remained unchanged because of political considerations. The investigation is only starting now because the DPP lost the election. If the DPP won the election, this case might be gone. However, Lai Shibao still doubts that the DPP authorities are blocking the purchase of vaccines by all walks of life to protect high-end stock prices. Now the inspection only investigates within the company, narrowing the scope of the attack. However, in fact, some politicians, officials and other outsiders also knew the inside information in advance and traded stocks to make profits. They hope that the inspection will eliminate evil and not just let the grassroots be used as scapegoats.
Wang Hongwei, who represented the Kuomintang in the Taipei City "legislator" by-election, also said today that the suspicion of high-end stock trading has been greatly questioned many times in the past. Comparing the stock price and trading volume in recent months this year, whenever high-end releases good information about the company, the stock will have higher than usual trading volume, and then the stock price will fall. Wang Hongwei criticized that the financial management department of the Democratic Progressive Party authorities transferred relevant data to the local prosecutors nine times, but it took so long for the investigation to start. "I am afraid that the evidence that can be smoked has been destroyed long ago."
Wang Hongwei criticized that when the epidemic was severe, Tsai Ing-wen continued to disappear and rarely showed up, but on May 31 this year, she came out to hold a press conference as soon as high-end stocks fell by the limit. Now that the high-end products that Tsai Ing-wen supports are suspected of stock trading crimes, Wang Hongwei questions, "Should Tsai Ing-wen come out and explain? Or should she hide again?"
Taipei Mayor Chiang Wanan said today that high-end products are released through a lot of specific information from research and development to manufacturing, causing violent fluctuations in stock prices and raising concerns about insider trading. At that time, the health authorities of the Democratic Progressive Party authorities did not clearly explain the suspicion of high-end procurement. Tsai Ing-wen and Su Tseng-chang came out to support it. They hoped that relevant units would not indulge in waste and explain clearly to the people of Taiwan.
