Comments by "People Liberator" (@lvjinbin28) on "What Happened to China's Superstar Entrepreneur Jack Ma? | WSJ" video.

Background introduction: There is a project owned by Jack Ma, called "Huabei". He registered a company called "Ant Finance" with US$1 billion. But through financial leverage, he can provide people with loans of US$200 billion each year. He is going to list this company, and the capital market valued his company at US$2 trillion. The Chinese government believes that his company’s financial risks are too high, and that once the risks arise, they will harm the people who buy stocks, so it prevents the listing. The Chinese government requires Jack Ma to increase the company's registered capital before listing.
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Background introduction: There is a project owned by Jack Ma, called "Huabei". He registered a company called "Ant Finance" with US$1 billion. But through financial leverage, he can provide people with loans of US$200 billion each year. He is going to list this company, and the capital market valued his company at US$2 trillion. The Chinese government believes that his company’s financial risks are too high, and that once the risks arise, they will harm the people who buy stocks, so it prevents the listing. The Chinese government requires Jack Ma to increase the company's registered capital before listing. Jack Ma bashed Basel III, well communist China just doesn't want 2008 wallstreet crisis to happen in China again.
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@dopplereffect4278 Jack Ma showed up 2 weeks ago, your free media doesn't tell you? you should ask USA to release Uyghurs in Guantanamo camp first.
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@dopplereffect4278 Jack Ma is not ISIS fighters, or family of jihadists so why you assume he has something to do with reeducation center?
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Background introduction: There is a project owned by Jack Ma, called "Huabei". He registered a company called "Ant Finance" with US$1 billion. But through financial leverage, he can provide people with loans of US$200 billion each year. He is going to list this company, and the capital market valued his company at US$2 trillion. The Chinese government believes that his company’s financial risks are too high, and that once the risks arise, they will harm the people who buy stocks, so it prevents the listing. The Chinese government requires Jack Ma to increase the company's registered capital before listing. Jack Ma bashed Basel III, well communist China just doesn't want 2008 wallstreet crisis to happen in China again.
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