The richest man in the magic city

Chapter 364: Creating a financial crisis

Fang Xiaoru, chairman and CEO of Universe Group, said in court that he would not accept the trial of the Citi Supreme Court and chose to withdraw from the Citi market.

This news shocked the global economy.

Regardless of whether people are concerned about the economy, they all focus on the Universe Group.

Citigroup is a huge market. If it withdraws from this market, for the Universe Group, it is equivalent to vomiting the fat in the mouth.

Economists all felt sorry for Fang Xiaoru's move, and bluntly said that Fang Xiaoru was still immature and made such a stupid decision.

If it accepts a trial and accepts a fine of 10% of the annual profit, the Universe Group can still make money in the Citi market as long as it reduces the price of mobile phones.

But he directly chose to withdraw from the Citi market, in the eyes of economists, it is too irrational.

Of course, some people can see what is hidden behind Fang Xiaoru's actions.

For example, once the world group withdraws from the Citi market, what impact will it have on Citi?

After all, about 90% of Citigroup's personnel are using Huanyu mobile phones!

Less than an hour after the trial ended, a paragraph of Chinese appeared on the official Twitter, official big face and official Weibo of the Universe Group.

It says: I regret to say sorry to Citi users. Starting today, Huanyu Mobile has officially withdrawn from the Citi market.In the future, a mobile phone will not be sold in Citi, and the mobile phone system in the Citi area will not be upgraded.

Fang Xiaoru's speed was very fast, as if he had premeditated, he started a series of matters concerning the withdrawal of the Universe Group from Citigroup on the same day.

Regarding the withdrawal of Huanyu Mobile from the Citi market, users are daunting.

They all left messages online, asking Fang Xiaoru not to be arrogant.

At this time, the Mordis consortium, in the old Mordis villa.

Old Modis frowned. He didn't know why. He didn't feel any excitement for revenge when he saw the world group withdraw from Citi Market so simply. He always felt that there was some conspiracy behind it.

But the little Modis was different. He danced with excitement and vented his anger, saying: "Offend me the Modis consortium, Citi will never have a place for you!

You are lucky this time, and take the initiative to withdraw from Citi Market.Otherwise, the next series of actions will let you know the horror of the Modis consortium!"

Kuke also looked excited at the Apple headquarters building.

A week ago, he got a reminder from WHITEHOUSE that the Universe Group won't be able to stay at Citigroup for long, so that they will stick to Apple for a while.

At that time, he did not know what measures WHITEHOUSE would take against the Universe Group. It was not until today that Fang Xiaoru announced that he would withdraw from Citi Market, and he realized that the opportunity for Apple to regain the market has come!

Kuke dialed the secretary's phone and said: "I will call all the senior executives of the company immediately. I want to hold a high-level meeting. Discuss how to launch Apple 9 as quickly as possible and regain the market!"

Harus Restaurant, Queens Road, New York.

Fang Xiaoru, Roster and Antonio, two international venture capital masters, dine here.

Rost put down the knife and fork in his hand, frowned and asked, "Fang, I haven't figured out yet, why did you withdraw from Citigroup because of a monopoly crime?"

Antonio, who was on the side, also looked at Fang Xiaoru with a puzzled face.

As a Jew, he has always believed that his business ability is at the top of the world.

In fact, this is indeed the case. He started from scratch, and in just thirty years, he has built a world for himself, with a net worth of tens of billions of Citi coins.

But now he couldn't see through Fang Xiaoru's behavior.

Fang Xiaoru chewed on Wellington steaks while saying: “Citigroup is obviously targeting the World Group, even if I accept this trial and receive a huge fine.

But after all, there will be more severe blows. After all, as they said, because the Universe Group and Citigroup's mobile phone company, except for Apple's still struggling to support, all the rest have gone bankrupt.

Also, almost no one goes to the cinema to watch a movie now.As a major taxpayer, the film industry also collapsed because of Universal Cinema.

Citigroup has just recovered from the financial crisis. The unemployment of hundreds of thousands of people will make Citigroup very busy.

Therefore, the Huanyu Group, in their eyes, is a thorn in the eye and a thorn in the flesh, and must be eliminated."

In fact, it's not just Citi's situation. The 14 countries where the first batch of global mobile phones are sold abroad have encountered this situation.

The bankruptcy of the domestic mobile phone industry and the depression of the film industry caused a large number of unemployment, which caused a huge blow to the domestic economy.

It's just that Citigroup is the first country to stand up to suppress the world group.

Roster sighed: "So you use this method of killing one thousand enemies and self-defeating eight hundred to resist?"

Roster's mind turned quickly, and from Fang Xiaoru's words, he immediately inferred other things.

From the perspective of ordinary people, we can only see that the Universe Group has returned in a terrible defeat and has been miserable by Citigroup.Apple mobile phones can also be reborn. The result of this incident is a unilateral victory for Citigroup.

But Rost saw something different from it. He knew that the follow-up impact of the withdrawal of the Universe Group from the Citi market had not yet begun.

Fang Xiaoru looked at Roster in surprise, but he didn't expect him to be so sharp.

He smiled and said: "It's just a little less money for me to self-defeating eight hundred. But killing a thousand enemies may make it hurt."

Antonio, who has not spoken, seemed to have thought of something, his pupils suddenly shrank, and he looked at Fang Xiaoru in amazement, and said in disbelief: "Fang, plan to..."

Fang Xiaoru nodded with a smile, her eyes sharp, like a sharp sword out of its sheath."That's why I am looking for you. After all, you have experience in this matter."


Antonio swallowed, and said with difficulty: "Fang, this is too crazy and too difficult."

Fang Xiaoru said seriously: "You are all giants in the venture capital industry, and your influence on the stock market is immense. Once you withdraw your capital, it will inevitably cause panic and uneasiness among other foreign investors. In addition, the foreign company of the World Group will be caught by Citi Suppressing things.

For the sake of insurance, those foreign investors will also choose to withdraw their capital temporarily.More than 80% of the foreign capital absorbed by Citigroup is speculative short-term securities investment.

Capital outflows are like drawing salaries to Citi's stock market. Once there is too much outflow, Citi's stock market will fall in response, and the IPC index will inevitably fall sharply."

When Antonio heard the words, his eyes were fiery, and he was eager to try, and said excitedly: "The herd effect, you plan to use the herd effect to create a financial crisis!", ....