The New Taipei mayoral race remains tightly contested ahead of the November 28 vote, with trader consensus reflecting narrow margins between leading contenders Lee Shu-chuan and Su Chiao-hui. Lee, backed by a KMT-TPP alliance after Huang Kuo-chang withdrew from the primary, draws on administrative experience and the outgoing mayor's endorsement to consolidate pan-blue support. Su, the DPP nominee and longtime legislator, focuses campaign efforts on housing, transportation, and district-level infrastructure in key battlegrounds like Sanchong. Recent polling shows minimal separation between the two, with substantial undecided voters and independent blocs likely to decide the outcome. Minor candidates and independents register negligible movement, consistent with the market's assessment of limited paths for breakthroughs before election day.