Daily BriefsTMT/Internet

Daily Brief TMT/Internet: Taiwan Semiconductor (TSMC) – ADR and more

In today’s briefing:

  • Taiwan Dual-Listings Monitor: TSMC Premium Break Out Is at Historically High End of Range


Taiwan Dual-Listings Monitor: TSMC Premium Break Out Is at Historically High End of Range

By Vincent Fernando, CFA

  • TSMC: +23.4% Premium; Consider Shorting ADR Spread at Current Level
  • UMC: 1.5% Premium; Wait for More Extreme Premium Before Going Short the Spread
  • ASE: +4.4% Premium; Wait for Higher Premium Before Going Short

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