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Author Topic: China and Alibaba  (Read 967 times)

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Offline Manny

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China and Alibaba
« on: January 09, 2021, 10:56:24 AM »
Looks like one of Loyalman's claims might have a grain of truth to it.

Friends,
Mr. Ma of Alibaba has been quarantined by China Commie for 2 months.  He is accused of Monopoly?!?  Alibaba stock price has dropped by 9% this week.

Borrow Alibaba stocks now and sell later to earn Big $!!!

Good Luck!

Source?


Chinese sources only.

Link in Chinese?

The stock had a blip near year-end but has recovered.

Quote
China has ordered its domestic media to restrict their reporting on an antitrust probe into Alibaba Group Holding Ltd. as speculation over the future of one of the country's largest corporations intensified, according to people with direct knowledge of the matter.

A directive issued by the government's propaganda arm toward the end of last year ordered news outlets to strictly echo the official line on the investigation into the tech giant and prohibited them from engaging in original reporting and extended analysis or drawing their own conclusions without authorization, according to the people, who asked not to be identified as the order hasn't been made public. The restrictions also apply to Jack Ma, the company's co-founder, the people said.

Authorities in Beijing regularly issue propaganda directives and guidelines to domestic media organizations to further the government's policy objectives. The Financial Times earlier reported the directive on Alibaba, saying that it signaled how the issue has become a matter of national political sensitivity.

Billionaire Ma's empire has become the most prominent target of China's campaign against the technology industry, which as so far torpedoed affiliate Ant Group Co.'s $35 billion initial public offering and led to an antitrust investigation at his e-commerce giant. Ma, who hasn't been seen in public for months, has been advised by the government to stay in the country, a person familiar with the matter told Bloomberg News. Several online blogs that speculated about his whereabouts have been censored, according to the FT.

Source
Trip Reports: Links to my travels in Russia, Estonia, North Korea, South Korea, China and the US are >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.