The Taiwan Weighted Index plunged as much as 9% intraday on Friday amid an intensifying AI stock selloff, sinking into bear market territory and marking its largest weekly decline since 2001. In response to the rout, Taiwan's Financial Supervisory Commission announced it will restrict short selling starting November 9, capping daily same-day securities-lending sell orders at 3% of a stock's average daily trading volume over the past 30 days. Taiwan's finance authorities also confirmed readiness to deploy a NT$500 billion (approximately US$15 billion) stock market stabilization fund. BitMEX co-founder Arthur Hayes shared the report on X, commenting that "the AI bailout has begun."