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To: Theoria

Maybe I’m being paranoid, but something more seems to be going on....

Remember Jack Ma ?? Where is he and what’s he doing, he got taken out by the CCP for getting a little to uppity....

For Chinese Regulators to take such harsh action, it had to come from high ups in the CCP, my question is why and are they up to something...

Personally I think all Chinese companies should be delisted from Stock American Exchanges, based on my reading they don’t have to operate with the same Accounting Rules that American Companies do, basically we have take their word for how profitable the companies are because no one can examine their books...


8 posted on 07/27/2021 7:43:42 AM PDT by srmanuel (`)
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To: srmanuel
Chinese stocks on the us exchanges have the same standards. They are audited by the usual PricewaterhouseCoopers and such.

Jack and crew played their hand, like the silicon guys here. The ccp got tired of it and showed them who was boss and under what country they came out of.

It takes 4 months to come to a conclusion to a monopoly charge in China, that would be decades here. China will come out better in the long run by cutting the knees out of the large firms.

11 posted on 07/27/2021 7:50:02 AM PDT by Theoria
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To: srmanuel
CCP is trying to prevent new power bases from forming in China. In China there is "too big to succeed" for non-state owned enterprise. This applies to Jack Ma.

In the US we have Mark Zuckerberg who visited Iowa a few months after the first billionaire was elected president. He probably hadn't considered a Zuckerberg presidency realistic prior to that. And he apparently hasn't abandoned his ambitions given his absurd flag-flying water stunt for the Fourth of July.
13 posted on 07/27/2021 8:10:16 AM PDT by Chad_the_Impaler
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