Taiwan's stock market showed a strong bullish trend in the first half of the year, with memory, semiconductor, and passive component stocks soaring. Among them, Guge, the leader in passive components, surged to 1220 points on July 1, but then continuously declined to 630 yuan. Well-known real estate company Huangxiang Construction was exposed for buying 432 shares of Guge stock in early July at over 500 million yuan, with each share as high as 1186 yuan. Now, Guge's stock price has halved, and many investors on social media are directly calling out 'Fortunately, I'm not alone,' 'It's not just me.' In response, the executive director of the Xin Chuan Real Estate Think Tank, He Shichang, directly stated that Huangxiang Construction's move looks very painful, but fortunately, it is a big family business and is still a living dragon.
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- Source: PR Times
- Category: News