Zhang Fan came forward and suddenly set off a wave of boycotts of American products in China. And this wave of wave became bigger and bigger, and many people and companies got involved.
Especially for those whose jobs depend on the Longteng Group, they do not rely on exports. So there is no need to worry about Americans getting in the way.
As a result, more companies are supporting Zhang Fan. Many companies have announced that they will replace some of their American products or products produced in the United States.
This matter is getting louder and louder within China. At the same time, the Longteng Group is also adding fuel to the flames, and all kinds of gossip are flying all over the sky.
China is the largest market in the world, especially for some American brands. The Chinese market is very important.
For example, P&G, Yum Brands, KFC, McDonald's, General Motors, Ford, Walmart, etc.
These companies are very powerful companies in the United States, and the Chinese market is also very important to them. Now that they have been boycotted in China, they suddenly panicked.
This panic was directly reflected in the stock market, which fell sharply. This drop triggered a series of reactions. The hungry wolves on Wall Street don't care whether you are an American company or not.
They seized the opportunity very accurately and immediately began to short these companies. At the same time, they used their power in the United States to spread bad news about them in the United States.
Longteng Group had already planned to go short before, and now Wall Street's capital giants have also got in. This is simply the rhythm of cutting leeks.
Things are going crazy. No one expected that something like this would happen right after the trade war started. Before the two governments took action, private companies started to fight together.
At the same time, this incident also allowed the world to see the attitude of Chinese people and Chinese enterprises. As Zhang Fan said, a trade war is a war.
"Baili Group announced its official withdrawal from the U.S. market..."
Just when Longteng Group was busy fighting, Baili Group came out with an announcement announcing that Baili Group had officially withdrawn from the U.S. market.
This piece of news caused cold sweat to break out on the foreheads of some American companies. Baili Group has entered the US market in recent years, but its progress has not been smooth.
The U.S. government is constantly looking for trouble. At the same time, Baili Group's attempt to acquire American companies was blocked by the U.S. government.
It can be said that in the past few years in the U.S. market, Baili Group has not taken any advantage, but has suffered a lot. The reason for all this is the attitude of the U.S. government.
Now in the context of the trade war, Baili Group suddenly withdrew from the U.S. market. This was like a bomb thrown into the hearts of American companies.
You must know that Baili Mall also has a very large market share in China. At this time, Baili Group has withdrawn from the US market, and it is very likely that the next step will be to join the trade war like Longteng Group.
If even Baili Group takes those products offline, it will be a fatal blow to American products and brands.
"iFlytek Group announced its withdrawal from the US market..."
The matter was not over yet. At night, iFlytek came again to make up for the damage. This time, American companies were completely dumbfounded.
China's three major e-commerce groups have withdrawn from the U.S. market together. However, these three major groups occupy the entire China's e-commerce industry.
Not only e-commerce, but also their offline share is very strong. In recent years, their combination of online and offline has made other retail industries miserable.
Now the three major groups account for more than 70% of China's retail industry. One hundred percent of e-commerce and 70% of retail.
This means that they control the channels in China. If these channels remove American products from the shelves, it will be a fatal blow to American products in the Chinese market.
At this moment, they could only pray and solve the matter urgently. But good luck did not seem to be on their side. That night, Baili Group and iFlytek Group announced at the same time that they would temporarily remove some products from the shelves.
The list is the same as that of the Longteng Group. American brands and origins are some products in the United States.
At this time, it happened to be daytime in the United States. After the news spread back to the United States, the U.S. stock market experienced huge turmoil.
The entire U.S. stock market began to fall as soon as the market opened. Among them, Procurement & Cleaning Co., Ltd. suffered the worst fall. The decline was like riding a roller coaster.
The same is true for other U.S. stocks, which suddenly fell sharply. This made the giants on Wall Street in the United States extremely excited.
The more these stocks fall, the more they make. These things happen in China, and it is not illegal for them to short.
"Mr. Zhang, cheers..."
At this time, in Zhang Fan's villa, Zhang Fan, Ma Baili and Ma Xunfei raised their glasses.
Although they withdrew from the U.S. market, this time they made arrangements in advance. They mobilized some funds into the United States and shorted some stocks in advance.
They have a lot of cash in hand, and the amount they took out this time is also quite large. Now that the U.S. stock market has fallen so sharply, they naturally made a lot of money.
Moreover, the money belongs to them and not to their respective companies. The profits completely go into their own accounts.
Compared with Zhang Fan, although Ma Baili and Ma Xunfei control the company, the company has many shareholders, so the company's money may not be all their own money.
So how could they miss this opportunity to make money for themselves? Zhang Fan had approached them a long time ago and made joint arrangements.
At that time, Longteng Group's professional assessment team had already assessed the possibility of a trade war and made a series of response plans.
This situation has been planned for a long time, and now the trade war has begun. They have become the profiteers, and cutting leeks is no longer exclusive to Wall Street.
There is also a group of people like this in China. They also control a large amount of funds. They also have branches on Wall Street.
They are the same as the elites on Wall Street. They have a keen sense of smell and will take a bite when they smell blood. The professional investment team of Longteng Group is the elite in this regard.
Relying on Longteng Group's huge information collection capabilities, they can predict many things in advance. Although they cannot guarantee 100% accuracy, the accuracy rate is still very high.
At the same time, Longteng Group has a large amount of funds and great capabilities on the Internet. When needed, these can become tools for them to use.
The speed of making money in the financial market is very fast. Especially for these giant oligarchs. If you plan ahead, you can cut leeks one after another.
In recent years, too many companies have been cut off by these financial oligarchs. The United States is the leader in this regard. It uses the hegemony of the US dollar to cut off the global economy. The United States has been behind several financial crises.