My Dad Is The Richest Man In The City

Chapter 121: Chinese Ban, U.S. Stock Market Crash! 【4 More Updates Please Subscribe】

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If WeChat is a software that has recently emerged, it is deeply loved by everyone due to its excellent user experience and the optimization and security protection of mobile phones by the popular butler.

But there is a shortcoming, that is, the foundation is insufficient and the online time is too short, but there are also a large number of users!

Among them, middle-aged and elderly users are absolutely loyal. When they use WeChat, they find it particularly convenient, safe, and save money and traffic!

Needless to say TT!

TT has a history of more than ten years, and has penetrated deeply into people's lives and become a part of their lives.

If Apple commits suicide and removes these two softwares, there is no doubt that 60% to 90% of Apple users in China will abandon Apple.

Because TT and WeChat can be said to have monopolized 90% of the instant messaging business in China.

Without these two software, communication with friends and even many business cooperation would not be able to start quickly with "730".

In this case, we can only give up on Apple.

The hardware of today's mobile devices is not much different; even Android's hardware is more powerful than Apple's, but the system is not as good as Apple's!

But this point has been optimized to a certain extent by WeChat’s Red Queen Butler, and the gap has been reduced again.

As a result... Apple's advantage only in the system will be reduced again, and the number of users choosing Apple will decrease again.

Many people are waiting for the release of Apple 8 in September this year. If it is not recognized by everyone, Apple users will decrease again.

At this time, it is unwise for Apple to threaten WeChat and TT.

Today, Apple is also in a dilemma.

Neither Umbrella Technology nor TT has been listed on the market, and there is no rise or fall in market value. Only the meager market value has shrunk a lot. However, the meager total market value is only 10 billion U.S. dollars, and users are concentrated in China, so it will not fall far.

Apple is different!

As a top technology company, after Umbrella Technology's press conference, Lin's father and TT also supported Lin Yu. In addition, companies such as Apple, which Umbrella Technology countersued, filed a sales ban request with the court and the State Administration for Industry and Commerce, causing Apple's stock price to continue to fall. !

In just 5 days, Apple's market value evaporated by more than 400 billion, equivalent to 8% of Apple's total market value!

Foreign media and investment institutions are generally not optimistic about Apple's approach, believing that Apple has fallen into a dilemma.

However, Apple still hasn’t taken much action. Many domestic non-live streaming platforms, novel websites, and software with tipping and appreciation functions originally wanted to be like the umbrella company and TT Group and not give in.

However, Apple doesn't care about them at all and directly removes their apps from the shelves.

Two days later, one after another companies compromised.

There is no way they can compare with Apple, and their users are not as huge as WeChat and TT, which have nearly 1 billion users.

However, Umbrella's subsidiaries: Qiwen Novel, Qiwen International, Aiyi Video, and Dolphin Live have all been offline.

Only the game company did not violate any rules, and Apple had nothing to say and did not go offline.

As a result, throughout China, companies that agreed to Apple's regulations stayed, and company software that did not cooperate was removed from the shelves by Apple.

Only WeChat and TT are still there. For these two software, which are designed to have nearly 1 billion users, Apple said it would give them time to consider, and also stated that this condition must be implemented.

It has been a week since this incident developed.

Apple, together with other LCD screen companies and battery companies, has also started a lawsuit against Umbrella Technology.

However, Lin Yu did not attend, and even Li Yun did not go to the United States.

Full power was left to Allen & Overy Law Firm. Only the person in charge of Umbrella's U.S. branch was interviewed by reporters before the trial and gave a speech, but nothing else.

This kind of lawsuit is attractive at the beginning, because this kind of patent lawsuit cannot be completed in less than three to five years. It will gradually be forgotten and will not come into people's sight again until the verdict is announced.

In China, the Supreme Court of Peking also accepted the lawsuit filed by Umbrella Technology Company, and announced that before the patent is completed, mobile phones, LCD TVs, batteries, cars... that infringe Umbrella Technology Company's patents will be banned from sale.

The State Administration for Industry and Commerce also issued a ban!

The entire Tianchao involves Apple mobile phones, Samsung mobile phones, Samsung smart TVs, Panasonic LCD TVs, Tamoto new energy vehicles, etc. being removed from the shelves.

This is the first time that China has banned the sale of products from other countries due to patent issues!

China has been on par with the United States in terms of military and technology since a few years ago; now it is catching up economically, and now is the time to flex its muscles!

Nor can we just watch companies in our own country being bullied and remain indifferent.

In the past, when the country needed development, when companies such as ZTE and Huawei were sanctioned and restricted, the country focused on the overall situation and did not intervene.

Now the country cannot let its domestic companies feel cold!

What's more, this time Umbrella Technology has 10% of the shares held by 'Dingtian', and now the money has been transferred to Lin Yu. If the sale is banned for a long time, the value of Umbrella Technology will be much greater...

"The Celestial Empire is mighty!"

"We, the Celestial Empire, have finally taken action!"

"Good ban!"

China took action, and the entire domestic news, whether it was official, local TV stations, or portal websites, even the meager ones, reported the matter.

The whole country is jubilant and everyone is supporting us!

Firecrackers and fireworks are being bought and set off everywhere, and major hotels across the country are even directly offering discounts... In fact, it is also the end of the year, so these things that already exist are even more grand!

It’s February 12th, New Year’s Day 27th, and the Chinese New Year is just three days away.

Affected by this news, the stocks of Apple, Samsung, Panasonic, Sony and other companies showed a bearish decline, which was implicated in the collapse of the US stock market!

Countless capital giants showed their fangs again and massacred the U.S. stock market.

Among them were people from ‘Dingtian’. They were probably the first to get the news, so they started planning very early;

Lin Yu here has the red queen get some news;

The people at ‘Dingtian’ were not stingy and told Lin Yu the news directly, of course a few days before the official announcement. In this way, even if Lin Yu gets the news, it will be too late to make arrangements. At most, he will get some small benefits.

It's a pity that the people in Dingtian don't know this news. Lin Yu has known this news for a long time through the Red Queen.

On the surface, Lin Yu also arranged for people to operate and earn a small amount of 4.2, but secretly asked the Red Queen to launch a sweep, and then secretly acquired the bank's shares.

This time, the total value of the U.S. stock market has evaporated by more than 500 billion U.S. dollars. Even the Federal Reserve has taken emergency measures to stabilize the stock market.

In this case, the financial team Lin Yu organized on the surface, although they "got a little bit of information first", due to poor cooperation, they only received 1 billion US dollars in revenue from this story.

The famous queen took action secretly, but got nearly 20 billion US dollars in revenue!

The entire stock market has evaporated 500 billion U.S. dollars. The Red Queen is so powerful that she only ate 20 billion U.S. dollars.

‘Dingtian’ only made a profit of about 5 billion, which is already very good, and their layout time was not short.

It can be seen that the capital giants in the United States are also very clear about the stock market they control.

In fact, this is the first time these capital Das cut leeks...

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