Taiwan's stock market dropped sharply as all three major institutional investor groups sold at once — bad news for local investors, though a few individual stocks bucked the trend.

• The Taiwan index fell 784 points to close near 46,165, with foreign, mainland, trust and dealer money selling a combined NT$115 billion.
• Foreign and mainland investors did most of the damage, dumping over NT$91 billion in a single session.
• President Lai Ching-te is pushing a NT$100 billion fund, with NT$20 billion a year from 2027 to help small businesses upgrade.
• Wiwynn traded ex-rights on its AI boom profits, hitting the daily limit up in 19 seconds before flipping negative as sellers piled in.
• September is bringing a wave of dividend payouts from Taiwan ETFs, with several high-yield funds advertising annualized rates near 20% as investors chase steady cash.

Outlook: With the Fed's next move still unclear, money is likely to keep rotating out of shares and into dividend-paying funds in the near term.