Hong Kong stocks - Lianqi Technology plunged more than 20%

Hong Kong stocks plummeted more than 20% in Lianqi Technology. On the news front, on July 15th, South Korean prosecutors conducted a raid on Lianqi Technology, Japanese Renesas Electronics, and American Rambus' offices in South Korea to investigate the three companies' alleged manipulation of semiconductor component prices. The staff in Lianqi Technology's board office responded today, saying that the incident occurred yesterday and the company is currently understanding the situation. The company has always operated in compliance and will actively cooperate with the investigation. At present, the company's operations are normal.