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Villager Center / Full report
Chinese e-commerce giant Jack Ma, Alibaba, has Ant Group. It was originally scheduled to be listed simultaneously in Shanghai and Hong Kong (A + H shares) on the 5th. However, the three main figures Ma Yun, President Jing Xiandong and President Hu Xiaoming were defeated by China’s Big Four on the day. 2. After the interview with the regulator, the Shanghai Stock Exchange issued a statement confirming that the listing of Ant Technology Group was suspended. On the eve of Ant Group’s “largest initial public offering in history”, dramatic and moving messages followed one another, causing a stir in the public and in the international investment community. Why did Xi Jinping cut this knife? Financial expert Huang Shicong analyzed “Because the pressure from Ant Financial is too great!” And “Keep the black beads from falling on the mainland Chinese government!”
▲ Finance expert Huang Shicong analyzed the reason why Ant Financial called the card for the IPO “Keep the black accounts from falling on the government of mainland China!”
Chinese state media published a special publication of Xi Jinping’s speech, emphasizing that “ financial management departments should strive to cultivate a spirit of dedication, daring to supervise, be competent in supervision and strict responsibility, so that if There is a risk, it is negligence, and if a risk is discovered, it is not timely and it is not resolved. An atmosphere of supervision would be serious misconduct. “,” We must control the people, keep the money and strengthen the firewall of the system. “Huang Shicong said in” Critical Moments “that he wants to control Ma Yun and” prevent the black accounts from falling on the mainland Chinese government. “
Huang Shicong analyzed that because the two companies under Ant Financial had spent and borrowed a capital of only 3 billion yuan, the loan amount was as high as 3 trillion yuan and the leverage ratio was too high. With so much money, how many bad debts are there? As long as the delinquency rate is 3% or 4% it will be totally unbearable, however, Ant Financial will convert 3 trillion in securities products and sell them to the banks, because the interest rate is 3.5%. In addition to the 3 billion funds. At that point, Jack Ma can borrow 15% of the 3 trillion and make a lot of money. If the bank fails, who will suffer if this domino falls? He said banks will suffer, as will those who borrow.
Huang Shicong said that Ant Financial’s IPO received more than $ 30 billion, which is very good, but I don’t know how the company will operate in the future. Therefore, the regulatory measures have been introduced one by one, including Huabei and Loan, which previously can be divided between provinces, but now cannot be divided between provinces. So the principal amount is so low that it does not exceed a certain percentage of the principal amount. How many people borrow? The decree felt like it had been revised overnight, but it was actually ready for surgery.
Huang Shicong believes that before the Fifth Plenary Session of the XIX National Congress of the Communist Party of China, it is necessary to borrow the signs from Ma Yun and Ant Financial. After time passes, Xi Jinping is determined to be in power. What is the biggest risk in the next 10 years? “A look around China is Ant Financial. For the sake of long-term stability going forward, I’d rather get Jack Ma out first.”
▲ The Shanghai Stock Exchange suspended the listing of Ant Technology Group Co., Ltd. on the Science and Technology Innovation Board. (Image / Obtained from antgroup.com)
