[ad_1]
Recently, Ant Financial’s sudden call to stop on the eve of its listing sparked heated discussions in the market. Now, some foreign media are pointing out that it is an instruction from the Chairman of the Chinese Communist Party, Xi Jinping.
CCP officials reportedly revealed that Jack Ma’s comments enraged Chinese leader Xi Jinping, for which he personally ordered the termination of Ant Financial’s IPO case. This will be the most tense moment in the relationship between the CCP and the company. Xi Jinping is finding it increasingly difficult to tolerate the development of large private companies. There are opinions that these tech giants are posing a challenge to the stable rule of the Communist Party.
Of course, the most direct fusion is that Jack Ma’s words amount to directly opposing Xi Jinping. Although Wang Qishan was present at the time, his position of emphasizing supervision was based on Xi Jinping’s instructions. Xi Jinping once emphasized in public conversations: “Financial management departments should strive to cultivate a spirit of dedication, dare to supervise, supervise supervision and strict accountability, so that if there is a risk, it is negligence if discovered to time, and failure to anticipate and eliminate a risk is misconduct. Serious supervisory environment. “
And Ma Yun’s comments not only shocked the four people, but also amounted to opposing the leadership’s instructions. Furthermore, the Central Committee of the Communist Party originally did not wait for Ma Yun to leave. Not only is he a huge fan, Ma Yun has been classified as anti-Xi. It is also rumored that he had participated in the letter to protect Ren Zhiqiang. Ren Zhiqiang is a well-known second generation of celebrities and entrepreneurs. Because he publicly criticized the CCP for suppressing freedom of the press, does not tolerate dissent and concealed the new epidemic of pneumonia from the crown, he hinted at Xi Jinping as a “clown” and was accused by the Communist Party. After being kicked out of the group, he has been missing for a long time, and this incident even involved Wang Qishan’s loss of power.
He was greeted by senior management
So Ant Financial’s oversight has been in the works for a long time and it’s not a whim. Since October, relevant laws and regulations have been announced one after another, but Jack Ma, as a well-known figure at home and abroad, has repeatedly violated his wishes. It really may be “retired”. Although Jack Ma has received the support of many high-level CCP leaders due to his excellent management skills, he has made a lot of profit for many state-owned companies and has even been valued by Xi Jinping. But Ma Yun’s remarks are not only a criticism of China’s oversight, they are also seen as a provocation to the prestige of the CPC Central Committee.
Ma Yun’s greatest strength is that it successfully struck the balance between financial openness and market innovation and regulation, and made contributions to China’s financial development. The Ant Group listing has also become a benchmark for expanding China’s capital market under the current tensions in Sino-US relations. pole. But now that they have stepped on the ruler’s red line, under Xi Jinping’s direct instructions, the regulatory agency is very actively investigating the Ant Financial problem and disrupting the originally promising plan.
Now that Ant Financial’s development prospects are clouded, it is worth mentioning that some people believe that Alipay has become an obstacle to the issuance of digital renminbi by the People’s Bank of China. The government may intervene in your operations in the future, and the suspension of the listing is only the first step. This matter has a wide range of implications, and many relevant companies have begun to actively formulate countermeasures and claim to cooperate with government policies.
(The source of the first image: Shutterstock)
Other readings:
New knowledge of science and technology, updated from time to time
[ad_2]
