Jack Ma and Ant Financial Are In Trouble!

Ant Financial was set to have the biggest IPO in history on the Shanghai and Hong Kong stock market. But then a Jack Ma speech criticized the Chinese Communist Party and its financial regulators. And then suddenly Ant Financial had its IPO scrapped. Ant Financial and its incredibly popular Alipay has changed the way Chinese people interact with money through microfinance and money management. And that's made them some powerful enemies. Jack Ma's Alibaba Group also took a dive in the stock market.

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#jackma #antfinancial #china
mike pompeo quantitative finance

[hedgehogpancakes]

Uh oh, looks like we've got a dissenter comrades 🤷

[wariodude]

If I were Jack Ma, I would pull an Atlas Shrugged and flee to somewhere that doesn't stifle innovation like Taiwan and encourage other rich Chinese to come with. China would be screwed.

[smartbaba]

China. : come here my boy
Pakistan : woof woof 🐕

[geert]

Jack Ma is now shoveling next to Abdul and Karim in Xinjiang

[congangbannuocgietdan]

Pooh gave the order "the Ant must be squashed". My honey is mine only, "oh hohh".

[ashishpatel]

time for jack to go to the re education camps.

[themeanestkitten]

How did the CCP come to power? (With guns)

How did they stay in power? (By not letting anyone else have guns)

[arnaumj]

China Uncensored starts:
Everyone:
I must head to the comments

[j.a.entertainmenttv]

Be careful with that kind of company from CCP

[misssincere]

Jack Ma has to have the most squarest box head I have ever seen in my life.

[joeywall]

Hahaha. I'm shocked. SHOCKED!!

Well... not *that* shocked...

[VOLightPortal]

And then by next week, Jack Ma is never heard from again.

[johnbts]

Ma’s days are numbered. Hopefully he doesn’t go to a reeducation camp.

[seanmcdonald]

Jack Ma is by no means stupid, reckless or a revolutionary so one has to ask what Jacks plan is here.

[adamsmith]

Did Jack Ma just briefly suffer of amnesia, assuming he is "too big to fail" and criticize The Not sure. He is Chinese after all living in China I presume and he should have known much much better. First of all without The Party "approval" he would have gotten nothing. So he made a grave and inexcusable mistake here.

[momaymamon]

Jack Ma is missing as you have predicted

[Shoop...]

I called my boi Kim Jong Un and he called his boi Jae-in Moon who called his boi Xi Jinping to let him know that we've been having a lot of problems this summer with sugar ants in our neighborhood here in my little corner in the US and it might not be a good look for the CCP.
Yeah boiii

[kazekamiha]

Jack Ma: I have some good ideas!
CCP: You're not allowed to have those!

[TheTofucheese]

Did Jack Ma honestly think that he had enough leverage to challenge the CCP? A bit naive surely?

[ermac]

They're jackie channing him, he's gonna get it all back at the last second.