Ann Kao, the incumbent Hsinchu City mayor running as an independent with KMT and TPP backing, holds an 88% implied probability in the November 28, 2026, election according to trader consensus, well ahead of DPP challenger Chuang Ching-cheng at 12% and Ho Chih-yung at under 1%. This positioning stems primarily from her court acquittal on prior corruption charges, reinstatement after suspension, and survival of a recall effort, which together reinforced her incumbency edge in the semiconductor hub. A split opposition field has limited any single challenger's ability to consolidate support. In the past week, Kao conducted visible grassroots campaigning, including a Central Market walk and inauguration of a local support association, sustaining momentum into the final month before voting.
Taiwanese local elections are scheduled to be held on November 28, 2026. This market will resolve according to the candidate who becomes the next Mayor of Hsinchu City as a result of this election. Temporary, interim, or placeholder Mayors appointed before the election will not be considered. If the result of this election isn't known, or no candidate has been elected, by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the Taiwanese government, specifically the Central Election Commission (https://db.cec.gov.tw/).