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  1. #1
    Thailand Expat misskit's Avatar
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    Jack Ma Disappeared Alibaba Chief is missing

    Jack Ma disappeared from the public eye for the last 2 months. The billionaire was also not part of a TV show that he was to attend. He mysteriously did not appear on the TV show, and official communicators informed that there is a time conflict.


    Read More
    Everything was going smooth until Jack Ma gave a speech in Shanghai about the financial regulators and baking in China. He openly criticized the ‘pawnshops’ regulators in China. This irked the authorities. He took head-on with the Communist Party and Xi Jinping.


    It does not matter if you are rich in China, no one is allowed to criticize Xi Jinping. The authorities took action against him immediately. The $37bn IPO of his Ant Group was suspended on the direct order of Xi Jinping.





    Basically, Jack Ma has been stopped from moving out of China as the authorities have launched an anti-monopoly investigation into Alibaba Group. Soon after, the Ant Group was asked to scale back the operations.


    Ma then disappeared from Dragon’s Den-style TV Show before the November Final. He tweeted before that he was excited to meet the contestants but did not turn up.


    Recently, the Chinese Communist Party has gone against the rich people who have tried to criticize the premier. Ren Zhiqiang, a real estate tycoon mysteriously went missing. After six months, it was revealed that he was under arrest and then sentenced to 18 years in prison for corruption charges. He was last seen criticizing the Communist Party and the Premier. Xian Jianhua, a billionaire financer, met the same fate. He was taken from a Hong Kong hotel in 2017 to the mainland. The authorities say that he is house-arrested but no one knows his location.


    Will Ma face the same fate? No one gets mercy from Xi Jinping and it looks like he will meet the same fate as others.


    Jack Ma Disappeared – Alibaba Chief is missing for criticizing Xi Jinping and Communist Party - The Asian Herald

  2. #2
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    Qui cum canibus concumbunt cum pulicibus surgent

    Or . . .

    Lie with dogs, get up with fleas

  3. #3
    I Amn't In Jail PlanK's Avatar
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    I'm sure he'll reappear if he accepts the "re-education" and pays the appropriate fine.

  4. #4
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    Kim Jung Un disappeared a couple times last year only to come back on the scene "as good as ever."

    Maybe this kind of behavior is becoming trendy for East Asian elites (who run or contribute to communist dictatorships).

  5. #5
    I Amn't In Jail PlanK's Avatar
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    Chinese actress also disappeared for a few months before coming back on social media to apologise for tax evasion. Haven't seen her in any movies since.

  6. #6
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    Quote Originally Posted by TTraveler View Post
    Kim Jung Un disappeared a couple times last year only to come back on the scene "as good as ever."
    The difference is Kim is the supreme leader while Jack fucked with his supreme leader

  7. #7
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by Plan B View Post
    I'm sure he'll reappear if he accepts the "re-education" and pays the appropriate fine.
    Rumor is, he's relocated to Miami and just hasn't said anything yet.

    Jack Ma thought he could operate like an American billionaire. And weasel his way into politics. And Xi is having none of it. China doesn't need any little Americans.

  8. #8
    กงเกวียนกำเกวียน HuangLao's Avatar
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    Jack should've moved his whole operation to Taiwan some time back, which off course would have led him to flee the mainland.
    Speculating if the show would've been a success without the watchful eye and subsidized maintenance of the PRC.

    .....being the vocal and strong opinionated mogul that he is.

  9. #9
    Thailand Expat David48atTD's Avatar
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    Most Media outlets are reporting that he has missing/disappeared however CNBC have a slightly different take ...

    ---

    Alibaba founder Jack Ma is lying low for the time being, but he’s not missing

    Key Points
    • Alibaba founder Jack Ma is lying low, but not missing, CNBC’s David Faber reported Tuesday, according to a person familiar with the matter.
    • Multiple outlets published reports on Ma’s elusive whereabouts this week.
    • An IPO for Ma’s Ant Group was suspended by stock exchanges in Shanghai and Hong Kong after Ma appeared to speak critically about Chinese regulators.



    Alibaba founder Jack Ma is lying low for the time being, but he'''s not missing
    Someone is sitting in the shade today because someone planted a tree a long time ago ...


  10. #10
    Thailand Expat Backspin's Avatar
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    ^ good reporting Dave

    The Western media will give anything like this the anti China topspin.

  11. #11
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    Quote Originally Posted by Backspin View Post
    ^ good reporting Dave

    "good reporting"? He quoted a publication - . Is there no ground zero for the 'dumb-as-a-box-of-rocks-pack' like you?


    Quote Originally Posted by David48atTD View Post
    according to a person familiar with the matter.
    Ya gotta love it . . .


    I asked my neighbour, who is from China, and he is familiar with the matter and said Ma has turned into a lizard-person (gender-neutral) and is waiting for the sun to come out in the northern hemisphere

  12. #12
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by panama hat View Post
    "good reporting"? He quoted a publication - . Is there no ground zero for the 'dumb-as-a-box-of-rocks-pack' like you?




    Ya gotta love it . . .


    I asked my neighbour, who is from China, and he is familiar with the matter and said Ma has turned into a lizard-person (gender-neutral) and is waiting for the sun to come out in the northern hemisphere
    He updated the story on behalf of TD. And it was a more objective take.

  13. #13
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    Quote Originally Posted by Backspin View Post
    He updated the story on behalf of TD. And it was a more objective take.
    That's hardly 'reporting' but yes, it's good to hear options.


    Cite the 'objective' source

  14. #14
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    Quote Originally Posted by Backspin View Post
    ^ good reporting Dave

    The Western media will give anything like this the anti China topspin.
    .... rather than the communist supporting “backspin”? The Chinese leadership will brook no interference from internal, or external sources. They are Chinese after all.

  15. #15
    I Amn't In Jail PlanK's Avatar
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    The West could look at doing something similar to their tech giants that ignore gubmint directives, make undeclared income worldwide but only pay tax in tax havens, take a billion dollar fine as a slap on the wrist and pledge to do better but continue to let white power/antivaxer/scam artists operate because hey, that's the content that their algorithms tell them get more clicks and makes them more money.

    What if Zuck or Larry & Sergey were disappeared for a while?
    Would we get internet giants that actually do what they say they will?
    Some people think it don't, but it be.

  16. #16
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    Quote Originally Posted by Backspin View Post
    ^ good reporting Dave

    The Western media will give anything like this the anti China topspin.
    The Chinese media would occasionally criticize China too, if it was allowed to.

  17. #17
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    Quote Originally Posted by Plan B View Post
    Chinese actress also disappeared for a few months before coming back on social media to apologise for tax evasion. Haven't seen her in any movies since.
    I assume you are referring to Fan BingBing. Would definitely like to see a bit more of her. Somehow she's nicer to look at than Jack Ma.

    Jack Ma Disappeared Alibaba Chief is missing-fan-bingbing-lede-jpg

    China’s top actress Fan Bingbing reappears — what happened? - The Verge

  18. #18
    Thailand Expat harrybarracuda's Avatar
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    If he's laying low it's to avoid arrest and "re-education".

    He probably has a team of people trying to work out if he can pay his way out of the mess or he should just scarper (unless he's already parked out of reach).

  19. #19
    Banned

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    Don't worry, Joe is up next to deal with Chynah. Fang Fang will see to it.

  20. #20
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by TTraveler View Post
    The ameristani media would occasionally criticize ..... too, if it was allowed to.
    FIFY.

  21. #21
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    FIFY.

    That's "FTFY" you retarded luddite.

  22. #22
    Thailand Expat harrybarracuda's Avatar
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    The chinkies doing their usual and making sure no fucker knows what they're up to.

    But hey, according to HooHoo:

    Jack Ma Disappeared Alibaba Chief is missing-untitled-jpg



    China has ordered its domestic media to restrict their reporting on an antitrust investigation 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. This effectively prohibits them from engaging in original reporting and extended analysis or drawing their own conclusions without authorisation, according to the sources, who asked not to be identified as the order hasn’t been made public.
    The restrictions also apply to coverage of Jack Ma, the company’s billionaire co-founder, who has not been seen in public or made a social media post since late October.
    Authorities in Beijing regularly issue propaganda directives and guidelines to domestic media organisations to further the government’s policy objectives. The Financial Times earlier reported the directive on Alibaba, saying that it signalled how the issue has become a matter of national political sensitivity.
    China muzzles reporting on Alibaba

  23. #23
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    Quote Originally Posted by harrybarracuda View Post
    The chinkies doing their usual and making sure no fucker knows what they're up to.

    But hey, according to HooHoo:

    Jack Ma Disappeared Alibaba Chief is missing-untitled-jpg





    China muzzles reporting on Alibaba
    Classic . . . as long as wankers like loondyke, skidmark and wahwah believe in the good of a totalitarian system . . .

  24. #24
    Thailand Expat misskit's Avatar
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    Chinese Official Singles Out Jack Ma's Ant Group Amid Fintech Probe Warning

    China's banking regulator has vowed to crack down heavily on the "disorderly expansion of capital" and "chaotic innovation" among tech companies providing financial (fintech) services including Ant Group, as the company's founder, tech tycoon Jack Ma, remains out of the public eye amid mounting speculation that he has been detained by the authorities.


    "We must ... vigorously break up monopolies, prevent the disorderly expansion of capital, and promptly and strictly punish violations of the laws and regulations," the China Banking and Insurance Regulatory Commission was quoted as saying by state-run media.


    It said there would be severe crackdowns on "pseudo-innovation" and "chaotic innovation," and zero tolerance" for online service providers breaking the law.


    "There may be a limited transition period, but the general policy direction will not change," the Economic Information Daily, a newspaper under the aegis of the state news agency Xinhua, quoted a department head at the Commission as saying in a Jan. 4 report.


    The ruling Chinese Communist Party (CCP) recently took steps to curb e-commerce giant Alibaba with the launch of an antitrust investigation into the tech company also headed by Jack Ma.


    The wording of the report seems to have come down from the highest levels, suggesting that the regulator is warning the industry of a major shake-up after regulators pulled the plug on Ma's Ant Group New York IPO at the eleventh hour in November 2020, hauling Ma in for questioning.


    A December article in the CCP's official mouthpiece, the People's Daily, reported that the CCP's Politburo was of the opinion that the government should "strengthen anti-monopoly work and prevent the disorderly expansion of capital."


    Plans to nationalize


    Sources have told RFA that the ongoing investigations into Ma and his companies is part of CCP plans to nationalize both Ant Group and Alibaba.


    According to the banking regulator, the rapid development of China's financial technology industry is threatening financial stability and online security, and there are issues centering on both individuals and the sector as a whole.


    “Recently, the four central financial management ministries and commissions once again interviewed Ant Group," the Economic Information Daily quoted the department head as saying.


    "They emphasized that the outstanding issues needing rectification are both individual and universal," the official said, calling on online service providers to start the process of "rectification" themselves, and await further inspection.


    "Financial innovation must be carried out under prudent supervision," the official said. "We will effectively maintain financial stability and security."


    The article, with its reference to Ma's Ant Group, comes amid mounting speculation over Ma's whereabouts and status in the eyes of the CCP.


    The Financial Times reported on Friday that the CPP propaganda department had directed media outlets to stick to government-approved statements on the probe into Alibaba.


    "If any company announcements oppose the official stance, do not publish, do not re-post, do not quote foreign media," the paper quoted the directive as saying, citing two people who had seen it.


    Disappeared


    Ma hasn't been seen in public since the suspension of the Ant Group IPO, and political analysts are beginning to draw parallels with the case of kidnapped billionaire Xiao Jianhua amid allegations of unauthorized lending, as CCP General Secretary Xi Jinping moves to strengthen the domestic economy.


    Xiao is believed to have been abducted by mainland Chinese state security police from his apartment in Hong Kong's Four Seasons Hotel in January 2017.


    Economist Law Ka-chung said Beijing is likely moving against Ant and Alibaba because they have become too powerful.


    "The Chinese Communist Party may feel that the platforms owned by Ant and Ali control the lion's share of data nationwide, including personal details of nearly everybody, as well as a huge amount of money," Law told RFA.


    "They have access to huge sources of funding, and are powerful enough to negotiate with the regime," he said.


    "Their handling of Jack Ma isn't just about an antitrust investigation; it's also about the concern that he could be a threat to CCP rule," he said. "It's not just about economics; he may be seen as a political threat."


    "Politics trumps everything, as far as the CCP is concerned; it has always been their top consideration," Law said.


    Feng Chongyi, an associate professor at the University of Technology Sydney (UTS), drew parallels with banking tycoon Xiao Jianhua.


    "This is similar to [what happened to] Xiao Jianhua; [like Xiao, Ma] may also be under house arrest," Feng said.


    "All we can be sure of on the outside is that he is under a travel ban ... but many people think he is under restrictive measures," he said. "If that's the case, then they will be investigating all of Alibaba's finances and operations, shareholders, and so on."


    Investigations under way


    Industry analysts have told RFA they believe that the investigations will result in the nationalization of both Ant Group and Alibaba.


    Central government investigators had already set up camp in Alibaba headquarters by the end of November, according to industry sources.


    The company will also be called to follow-up meetings with the People's Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange after regulators slammed the brakes on Alibaba's New York listing in early November.


    Investigative teams are also in place at the offices of social media giant Tencent and e-commerce company Meituan.


    Analysts say the Alibaba investigation will help the CCP to form future policy towards the country's tech giants.


    State media have been keen to paint the government's targeting of Ma's tech empire as a campaign to subject the nation's super-rich to public scrutiny and regulation.


    CCP general secretary Xi Jinping unveiled plans at the end of October to move China to a state-controlled, "circular" economy based on domestic demand, and away from the export-based model that has fueled rapid growth since 1979, when late supreme leader Deng Xiaoping ushered in four decades of market-based economic policy.


    Analysts have said there is a widespread expectation that Xi will move to change the current system of property ownership.


    Chinese Official Singles Out Jack Ma's Ant Group Amid Fintech Probe Warning — Radio Free Asia

  25. #25
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by misskit View Post
    China's banking regulator has vowed to crack down heavily on the "disorderly expansion of capital" and "chaotic innovation" among tech companies providing financial (fintech) services
    Some may consider these initiatives currently being formulated by other financial regulators, as similar to the Chinese banking regulator/ government's efforts.

    Quote Originally Posted by Plan B View Post
    America tries to sort out its mess, crypto mess, not the other mess.

    Digital Commodity Exchange Act of 2020: US Lawmakers Propose Single National Crypto Framework | Bitcoin News
    The affected asset/company's "owners" will of course not be labeled as being "disappeared" souls, they will only have their ability to have an online media account blocked/recinded.

    Which as we are witnessing is far more catastrophic.
    Last edited by OhOh; 09-01-2021 at 11:17 PM.
    A tray full of GOLD is not worth a moment in time.

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