The shut down order was issued by KEPB but not MEA. MEA has been questioned by its bias toward to ASE. That's typical of KMT administrations. KEPB stands by local people (farmers and fishermen) who have been suffering from pollutions. This issue has become very political and politicians, with the coming election in mind, need to consider sentiments from ordinary citizens but not those hot-shot investors. Markets may not be always right when politics is involved. Besides, I still believe Taiwanese stock market has been manipulated by vulture like foreign investors. They are lacking the sympathy for local people's life. They should and will learn a big lessen from this event. IMHO.
The most interesting part of this development is those K7 workers are on paid vacation from now. What would the workers in K5, K11 think about this? Foreign institutional investors were doing Pump and Dump in Taiwan for the ASE case. Watch out when the dumping will start soon !
Taiwanese people are very angry at ASX now. And the resolution won't be available in the near term. Major factories may be shut down and huge penalties to be incurred. Share price will be dropped back to below $4, IMO.