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Chapter 617 Great rout, anti-monopoly investigation(2/2)

This is not a rigid requirement in North America, but rather a letter of nomination submitted by the company in order to open up business in North America as soon as possible.

However, if the relevant authorities rule that GT’s monopoly behavior is established, GT will suffer heavy losses in the domestic market.

However, Hu Yang knew in his heart that this was the reaction of relevant departments to North America’s unreasonable suppression of Charming Semiconductor.

If there are no surprises, North America will not watch GT fall into the mud, and will most likely relax the pressure on Charming Semiconductor in exchange for GT passing.

"This is really surprising! Leaders, thank you to the province and city for doing a lot of work behind the scenes, and also thank the relevant departments for their support."

Some words don't need to be said clearly. Qi Xiangmin felt relieved to see that Hu Yang understood the details behind this.

But for now, there is only so much that can be done in China. After all, the strength gap with North America is still very large.

I hope the Huijia system can develop quickly.

After coming out of the city, Populus euphratica sat in the car and rolled down the window. There was a hint of sea breeze in the warm and humid air.

Although he didn’t know whether the North American side would exchange GT for it, Hu Yang still felt a lot more relaxed.

Returning to the investment building, Hu Yang immediately called Yu Hongbo.

"Lao Yu, let's put the matter of Charming Semiconductor aside for now. You can quietly go to Xiangjiang and buy some Xiangjiang Telecom stocks right away."

Hu Yang's intention is very clear, he wants to short Xiangjiang Telecom.

Currently, Huijia International Investment has 3 billion Hong Kong dollars on its account in Xiangjiang. He plans to use all of it for securities lending and integrate as many Xiangjiang Telecom stocks as possible.

Yu Hongbo didn't ask any more questions, and immediately took the order and quietly returned to Xiangjiang.

Although Yu Hongbo is no longer in the industry, he still has a wide range of paths. Especially after following Hu Yang, many institutions and securities firms were very polite to him.

For a long time, Xiangjiang Telecom's stock price has been neither good nor bad, with the overall price fluctuating between HK$20 and HK$30.

As a large-cap stock, Xiangjiang Telecom has a large float.

In just half a day, Yu Hongbo bought 500 million shares of Xiangjiang Telecom's circulating shares in Xiangjiang, with an average price of HK$24.

As the two giants of Xiangjiang Telecommunications, Li Kailong and Li Kaize are worrying about the huge losses from their investment in Wesley (South China).
Chapter completed!
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