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Chapter 732 The Last Battle(2/2)

The companies under the Huijia family have seized this quiet window period and been quietly accumulating strength to irreversibly implement the strategy of de-North Americanization.

But Hu Yang knew very well that the calm before the storm would soon be broken.

On the fifth day after arriving in the capital, the situation suddenly changed. North America added 27 domestic companies to the entity list in one fell swoop, including all the core companies of the Huijia Group.

Xentong International, Charming Electronics, Ark Computer... none of them escaped this disaster.

Since that morning, Hu Yang’s phone number has not been disconnected, and people keep calling.

"Assistant Wu, if you get a call again, just say that I went out and didn't bring my mobile phone."

Hu Yang couldn't bear it anymore, so he asked Wu Xinhui to block the car for him. Then he took a few people around him and took a car to the Kyoto Building.

During this time in the capital, Hu Yang worked here.

"Lao Yu, how are the stock prices of all the listed companies under our Huijia Group performing?"

Hu Yang walked into the office and immediately called Yu Hongbo.

"The stock prices of companies including Xentong International, Charming Semiconductor and other companies have fallen to varying degrees. Xentong International has the largest decline, with a single-day drop of 13% five minutes ago."

Yu Hongbo feels that the stock price performance of various companies is pretty good. In the face of such big bad news, a mere drop of about 10 points is really nothing.

"Well, it's not bad. Lao Yu, keep an eye on it. If there is anything unusual, report it to me immediately."

Hu Yang nodded and sent Yu Hongbo away.

In the afternoon, relevant departments issued a statement, condemning North America's unreasonable suppression of domestic companies and stating that they would take countermeasures.

At night, this news caused a huge shock in the North American stock market, and the stock prices of many North American companies with large domestic business also fell.

In Hu Yang's view, this is a typical case of killing one thousand and damaging oneself eight hundred. In the end, no one benefits.

The next day.

As soon as the Hong Kong stock market opened, investors discovered that many mainland companies had chosen to temporarily suspend trading today.

Then various companies that were temporarily suspended issued their own announcements.

The announcement from Mingkang Communications stated:

The company has always been unfairly treated in North America and condemns this unfair practice. In addition, the company has already started the process of de-North Americanization. At present, the company's main products have been 100% de-North Americanized.

All operations are normal.

Xintong International announced:

The company has always actively participated in the international industrial division of labor, is a supporter of free trade, and opposes North America linking other issues with economic issues.

The company has completed the construction of 100% de-North American production lines. In terms of technology, equipment, raw materials, etc., the company will become completely independent of North America within the next year.

The company's future production and operations will be minimally affected by the North American ban.
Chapter completed!
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