As the incident continues to ferment, today's Ugly Group is undergoing unprecedented pressure.
Although they reacted quickly, and their efficient legal team kept trying to control the situation, as soon as they reported a user, more people would immediately join the team attacking them.
Moreover, Liu Guangxin and Qi Yun also invested heavily, making it incredibly difficult to stop them.
With the news that the U.S. Department of Justice formally announced an investigation spreading back to the country, Ugly Group's stock price began to plummet dramatically on the Hong Kong stock market.
Panic spread like a virus, and within just one day, the decline exceeded 10%, evaporating over ten billion in market value.
Zhang Xing sat in the office, listening to one piece of bad news after another, his face grim.
