HF-2E is just a subsonic Tomahawk copy.The ROC inventory isn't anything to dismiss and the Chinese brass would be well aware of its capabilities. In rough terms, Taiwan's most capable surface-to-surface missile - the Yun Feng - seems to be somewhat analogous to the Chinese CJ-100, even as the latter makes way for more capable systems like the DF-26. The HF-3 is analogous to the YJ-12, the HF-2E the CJ-10, and their Wan Chien the AKF-98A.
My point is that, on an one-to-one basis, Taiwan's missile technology isn't that far behind China's and it is only recently that China has had the technological upper hand in this field. However, Taiwan does not have any significant ballistic capabilities aside from their ATACMs, and it is this gap that China is likely to exploit in a hypothetical conflict.
Yun Feng is interesting. I doubt that it can pull sustained Mach 6 like the Wikipedia article tries to imply. At best it is Mach 6 terminal with a lo hi hi flight profile and cruises at lower speeds at altitude.
An unstealthy, atmospheric, high flying cruise missile is just an aircraft that is blind and doesn't maneuver much. It would also pass over the strait and inhabited land to hit targets, plenty of time and space to be intercepted in cruise phase or even boost phase by PLAN destroyers in the Strait.
In comparison, PLA missiles launched at Taiwan spends 90% of its flight trajectory in friendly territory. Only the terminal phase is anywhere near Taiwan.
There's a reason why the US stopped development of the Regulus supersonic cruise missile the minute they got Jupiter ballistic missiles.