Why Did Chunghwa Telecom Plunge 9.48%?

On April 7, 2025, Chunghwa Telecom Co., Ltd. (NYSE:CHT) experienced a significant drop of 9.48% in pre-market trading, sparking concerns among investors and analysts alike.

Several institutional investors have recently adjusted their positions in Chunghwa Telecom. Sei Investments Co. reduced its stake in the company by 0.6% during the fourth quarter. Conversely, American Century Companies Inc. increased its holdings by 15.3%, while O Shaughnessy Asset Management LLC boosted its position by 12.1%. These moves indicate a mixed sentiment among large investors, with some trimming their exposure while others are increasing their bets on the telecommunications giant.

The fluctuations in institutional holdings suggest that while some investors are cautious about the company's prospects, others see value in its current stock price. This divergence in opinion could be attributed to various factors, including the company's financial performance, market conditions, and strategic initiatives. Investors will be closely monitoring Chunghwa Telecom's upcoming earnings reports and strategic announcements for further insights into the company's direction and potential for growth.