Forwarded from 國際文宣組 IFC
Of course we have #memes to go with that heavy piece of info
In short: digital yuan is just more ways for ccp to control its people.
#ccp #digitalcurrency #digitalyuan #china #jackma #tencent #alibaba #wechatpay #diyms #english
In short: digital yuan is just more ways for ccp to control its people.
#ccp #digitalcurrency #digitalyuan #china #jackma #tencent #alibaba #wechatpay #diyms #english
Forwarded from 📡Guardians of Hong Kong
China targets Alibaba with anti-monopoly investigation
Chinese regulators have launched an anti-monopoly investigation into Alibaba and the state market supervision administration on December 24 2020 said it had filed an investigation into Alibaba Group Holdings Ltd over “suspected monopolistic practices”.
The People’s Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and State Administration of Foreign Exchange said they would also meet Ant Group founded by Jack Ma for “supervisory and guidance” talks.
Shares in e-commerce company plummet, with financial spinoff Ant Group also called in for ‘supervisory’ talks with authorities
Beijing curbs increasing power of tech giants, Alibaba and TenCent.
In November 2020, Ant Group’s world largest IPO was halted by Chinese authorities 48 hours before trading would have begun in Shanghai and Hong Kong.
Source: The Guardian #Dec24
https://www.theguardian.com/business/2020/dec/24/china-targets-alibaba-with-anti-monopoly-investigation
#JackMa #Alibaba #TenCent #China
Chinese regulators have launched an anti-monopoly investigation into Alibaba and the state market supervision administration on December 24 2020 said it had filed an investigation into Alibaba Group Holdings Ltd over “suspected monopolistic practices”.
The People’s Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and State Administration of Foreign Exchange said they would also meet Ant Group founded by Jack Ma for “supervisory and guidance” talks.
Shares in e-commerce company plummet, with financial spinoff Ant Group also called in for ‘supervisory’ talks with authorities
Beijing curbs increasing power of tech giants, Alibaba and TenCent.
In November 2020, Ant Group’s world largest IPO was halted by Chinese authorities 48 hours before trading would have begun in Shanghai and Hong Kong.
Source: The Guardian #Dec24
https://www.theguardian.com/business/2020/dec/24/china-targets-alibaba-with-anti-monopoly-investigation
#JackMa #Alibaba #TenCent #China
the Guardian
China targets Alibaba with anti-monopoly investigation
Shares in e-commerce company plummet, with financial spinoff Ant Group also called in for ‘supervisory’ talks with authorities
Forwarded from 國際文宣組 IFC
Forwarded from 國際文宣組 IFC
Wow. Is anyone surprised that private enterprises making profits become #CCP's target tho? After all, they are the "Communists". Poor Jack Ma's response to the huge fine is akin to saying "Thank you your heavenly majesty for handing me a punishment, I deserve it." But really, can he say anything otherwise?
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#Alibaba #ANT #China #socialism #communism #JackMa #English #Diyms
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#Alibaba #ANT #China #socialism #communism #JackMa #English #Diyms
Forwarded from 國際文宣組 IFC
Remember #ZhaoWei? If you live in #China, the answer is "I've never known that name." A celebrity close with #JackMa has been "vapourized", as #GeorgeOrwell would say. On the morning of 27 August, her social media pages were gone, all her works (drama series and films) were removed, her "friends" deleted pictures with her. All of a sudden, we're supposed to pretend that she never existed. Naturally, people can talk of no one and nothing but her virtual disappearance.
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We may never know what has happened, but there is a trend of #CCP banning celebrity culture. More on this later.
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#China #Orwell #NineteenEightyFour #dystopia #socialmedia #weibo
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We may never know what has happened, but there is a trend of #CCP banning celebrity culture. More on this later.
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#China #Orwell #NineteenEightyFour #dystopia #socialmedia #weibo
Forwarded from 📡Guardians of Hong Kong
China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead
Chinese authorities have introduced a slew of legislation in the past few months, largely aimed at the tech sector — a move that’s spooked investors and wiped out billions of dollars in value from the country’s internet giants.
The legislative onslaught began in November last year when the huge initial public offering of billionaire Jack Ma’s financial technology company Ant Group was suspended.
Since then, regulators have introduced anti-monopoly legislation focused on the so-called “platform economy” which broadly refers to internet companies operating a variety of services from e-commerce to food delivery. Regulations have also aimed at bolstering critical data security and protection laws.
Source: CNBC #Aug30
https://t.co/d56SyUayMg
#China #Crackdown #JackMa #AntGroup
Chinese authorities have introduced a slew of legislation in the past few months, largely aimed at the tech sector — a move that’s spooked investors and wiped out billions of dollars in value from the country’s internet giants.
The legislative onslaught began in November last year when the huge initial public offering of billionaire Jack Ma’s financial technology company Ant Group was suspended.
Since then, regulators have introduced anti-monopoly legislation focused on the so-called “platform economy” which broadly refers to internet companies operating a variety of services from e-commerce to food delivery. Regulations have also aimed at bolstering critical data security and protection laws.
Source: CNBC #Aug30
https://t.co/d56SyUayMg
#China #Crackdown #JackMa #AntGroup