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Source: ibtimes.sg ·
The news of the government's plan to enforce more curbs on Alibaba sent its stock crashing down as much as 8 percent. Alibaba said it would cooperate with any investigation.
Tim Pastoor - @timpastoor
1 week ago
When your Sesame Credit score drops below 600: https://t.co/oyzHbbBpBL
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1
Hunter Horsley - @HHorsley
1 week ago
broke: IPO
woke: SPAC
bespoke: Nationalized by CCP
https://t.co/ZxZEzEw6nH
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13
unclecaramel
5 days ago
faceplam why does anyone believe this nonsense. LoL CCP isn't going nationalize the company, atleast publicly this will never happen. The remification of.such action and possible chaos ensure is unimaginable. I get alot people here are either too young or live is pre socialistic world to understand this, but market is not the enemy.
Also I think it's utterly naive to believe that nationalizing everything is the way. Beuracracy and politics are very important for society and it's complicacy has driven many mad. Stop being naive for god sake, It's this reason why most of you are still.stuck in your capitalistic hell hole
2
thecircumstance123
5 days ago
Exactly, people like to apply the same hammer of a solution to every problem.
For resource extraction companies, it makes sense to nationalize because the operations are much simpler, you don’t need to maximize efficiency, and the surplus from the land should probably go to all the people on that land/in that country.
But for a tech company, where you want them to be incentivized to constantly innovate, maximize efficiency, and stay on their toes, nationalization is the dumbest idea ever. It would literally ruin one of the best companies in the China, one that is essential for this technological revolution.
This is exactly why you need a government that puts the smartest, most experienced people in charge, so that they can deal with the nuances intelligently. It’s also why we shouldn’t give everyone a say in governance.
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MisterBobsonDugnutt
5 days ago
How can Radio Free Asia be western propaganda when they literally have "Asia" in their name?
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elBottoo
6 days ago
Yea like others said, its unreliable.
Plus from standpoint of competitiveness and free markets, this seems kind of a bad idea.
I can see government taking a stake in alibaba and/ or ant financial though.
But complete nationalization is a bit overboard. This will harm foreign investment.
11
thecircumstance123
5 days ago
It would send a horrible signal to the entrepreneurs who are vital to china’s success, it would send a terrible signal to the international community, and a company that requires constant innovation and efficiency does not lend itself to nationalization.
1
elBottoo
5 days ago
Yup, but lets not forget who the rumor spreaders are. radio free asia is just doing another badmouthing on China.
In reality, Chinas markets are freeer and more competitive than americas.
1
thecircumstance123
6 days ago
How reliable is this? Seems like wild speculation to me, not to mention a horrible idea and doesn’t even solve the monopoly complaints about the company (don’t @ me communists).
9
shadows888
Chinese 6 days ago
in the article the source talks to "radio fee asia" so im guessing its unreliable and wildy speculative atm lmao
33
Chinese_poster
6 days ago
radio *free* asia, whose writers are *free* of conscience and integrity, and whose sources are *free* to make anything up
16
RhinoWithaGun
6 days ago
I always interpreted their name to mean Free Asia from Asians. I think it speaks true to their intent.
10
xingfenzhen
5 days ago
I'll believe if they nationalize Bank of China first, rather than continue to privatize SOEs in the financial sector.
5
Bebe6322
6 days ago
Not happening. Article is compete FUD. Not in the interest of the CCP to do so. To think so is laughable.
1
NightSkyth
Perceval :perceval: 1 week ago
Une chose que je ne comprends pas, Jack Ma n'était pas parti à la retraite ?
1
machlac
1 week ago
Fake news
This would have been all over the likes of CNBC of it had any basis in reality
9
machlac
1 week ago
But let me say, it does sound like something that could happen without surprising me.
3
ZenosEbeth
1 week ago
Est-ce que "nationaliser" implique un achat des entreprises ou tout simplement leur saisie par le gouvernement ? Et si ça se passe j'imagine que les marchés financiers Chinois vont êtres annihilés, ou peut-être pas; tout le délire avec Tesla et Musk me fait douter de la présence de quelconque rationalités dans le marché ces jours-ci.
Et Jack Ma toujours "disparu", c'est flippant quand même.
1
bitflag
U-E 6 days ago
Y'a peut de chance que ça arrive. Mais si ça arrive, ça sera probablement comme dans les pays occidentaux : les actionnaires sont contraints de céder leurs titres et indemnisé au prix du marché (sans prime, contrairement à une OPA).
Je vois mal l'état chinois exproprier sans indemnisation, sauf à vouloir revenir à l'époque de Mao.
2
Erlandal
Planète bleue 6 days ago
C'est ce que je me demande aussi, même si dans l'idée ça m'étonnerait que le CCP dépense un seul centime pour récupérer la boîte.
1
flumul
1 week ago
Pour ceux qui se poserait la question, la raison officielle pour l'intervention du gouvernement dans la gestion d'Alibaba est que cette société a récemment mis les pieds dans le secteur bancaire, ce qui apparemment ne leur était pas vraiment permis.
Alibaba avait mis en place un système de crédit à la consommation intégré au site, et il y avait des douilles à ce niveau là.
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Epaminondas
Cérès 1 week ago
Alors la partie finance c'est Ant justement, c'est deux entreprises séparées quand même.
Mais on est d'accord que des deux Ant est beaucoup plus une menace stratégique pour le régime.
2
Norwedditor
1 week ago
What a bad newspaper that doesn't even get its first sentence of the article to match it's headline?
may be working on a plan to nationalize Jack Ma's Alibaba
2
Ahfucc
Cthulhu :cthulu: 1 week ago
Une très bonne initiative ! Si seulement nous avions le courage de faire pareil...
0
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