Investment account in Form 8938

[taxaddict1]

Taxpayer has an investment account in oversea which is holding some foreign stocks.

First of all, I think stocks are considered "Other Foreign Assets" and reported in Part II of Form 8938. Please correct me if I am incorrect here.

Then in Part II, question (7), it says "If asset reported in Part II, line 1, is stock of a foreign entity or an interest in a foreign entity, report the following information....."

Shall I take this to mean that if the taxpayer has stocks of 10 different companies in that oversea account, he has to report each of the 10 companies one by one in this section? So what about if someone has hundreds of different stocks in an oversea account?

Or have I interpreted the reporting requirement wrongly? I definitely hope so.