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Jack Ma, founder of Alibaba Image: Taken from Alibaba Group Facebook
The Ant Group of Chinese e-commerce giant Alibaba was originally scheduled to simultaneously list in Shanghai and Hong Kong (AH shares) on the 5th, but after the three central figures Ma Yun, President Jing Xiandong and President Hu Xiaoming were interviewed by China’s four major regulators on the 2nd. The Shanghai Stock Exchange issued a statement, suspending Ant Technology Group’s listing on the basis of “important issues such as changes in the regulatory environment.” The unexpected event caused well-known host Liu Baojie to bluntly say that the incident was “the biggest fraud ever!”
Host Liu Baojie revealed on “Critical Moments” that the outside world thinks Ant Financial is quite profitable. Investors at home and abroad are flocking, and Chinese officials have been tacitly allowed to control it until such time as he wants to go public.
He believes that the reason why the IPO case can receive NT $ 1 trillion in the market is because Ant Financial is a financial innovation that has not been subject to financial control in the past. You can easily lend to the private sector and you can control everyone. The most important information. Unexpectedly, after 1 trillion was put into the bag, Chinese officials began to pick up the rope and start pulling the bag to catch everyone in the urn. Regulated Ant Financial Services do not appear to be any different from ordinary financial services.
Also, in addition to Ant Financial’s electronic payment service (Alipay), almost 40% of the profits come from microcredit technology. Ant Financial’s service target groups such as “Baibai” and “Huabai” are reported to be young people born in the 1990s; In other words, Jack Ma can control these “China futures” as a lender. In response, Liu Baojie also said, “Isn’t this the largest underground bank in China?”
Financial expert Huang Shicong said that this is what Xi Jinping has seen as a threat to Ma Yun, and blocking Ant Financial is the way China kills Ma Yun. He stressed that now the moment is delicate. Xi Jinping remained silent before the 19th Five-Year Conference and raised calls for investment to the highest level so that the 19th Five-Year Conference can run smoothly. Once the meeting is over, you will be locked step by step.
Ant Financial is asking for a card! Baojie: This is the biggest fraud case.
He believes that the reason why the IPO case can receive NT $ 1 trillion in the market is because Ant Financial is a financial innovation that has not been subject to financial control in the past. You can easily lend to the private sector and you can control everyone. The most important information. Unexpectedly, after 1 trillion was put into the bag, Chinese officials began to pick up the rope and start pulling the bag to catch everyone in the urn. Regulated Ant Financial Services do not appear to be any different from ordinary financial services.
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