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It's rumored that the US sanctions against Ant Group, Alibaba, and TenCent were derailed by a single phone call from Mike Evans (Alibaba president and Goldman Sachs alum) to a senior US Govt official. Ant Group could have agreed to share transaction data and account details 1/4
with US intelligence. Maybe xi decided to go with China's own digital currency? It's possible xi wanted to stop Jack Ma's bombastic public comments about the Chinese banks? Could this be a Bo Xilai moment for Mr. Ma? It wasn't long ago when Dalian Wanda, HNA, and Anbang 2/4
were high-flying leaders in their industries. All investors in Chinese stocks need to know is that the CCP decides who wins and who loses...who goes to jail and who gets pushed off 2-ft walls in France. If anyone actually read through the Ant listing prospectus, 3/4
