**Lee Shu-chuan holds a commanding position in the New Taipei mayoral race as the joint KMT-TPP nominee facing DPP legislator Su Chiao-hui on November 28.** Lee secured the nomination in April 2026 after outperforming TPP Chairman Huang Kuo-chang in coordinated opinion polls, prompting Huang to suspend his bid and pledge full support. This opposition unity has consolidated anti-DPP votes in Taiwan’s most populous municipality, an open-seat contest after incumbent Hou Yu-ih reached term limits. Lee’s background as former Taipei deputy mayor and Executive Yuan secretary-general provides administrative experience that traders view as an advantage in a city with divided partisan leanings. Su Chiao-hui, nominated by the DPP in late 2025, emphasizes urban renewal and transit-oriented development, but recent polling shows Lee maintaining a modest lead (e.g., 37.9%–31.5% in a September AI simulation). Minor independent candidate Su Hui-huang registers negligible support. With roughly ten weeks remaining, the market’s heavy weighting toward Lee reflects the structural benefit of unified opposition backing and Lee’s local recognition, though the race remains sensitive to turnout and late campaign dynamics in this competitive jurisdiction.