China Watch: Ten statements about Jack Ma’s current situation and fate

Alibaba founder Jack Ma‘s whereabouts have recently become a mystery, and he has not been seen publicly for more than two months now.

After Ma publicly criticized the Chinese Communist Party authorities’ regulation in his speech at the Bund Financial Summit in Shanghai on October 24, 2020, Ant Group’s IPO was suddenly called off on the eve of its official listing in early November, and Ant Group and Alibaba were subjected to successive purges by the authorities.

The following is a list of ten different sources of Ma’s current situation and ending claims.

One is the side control claim.

As early as December 24, 2020, the mainland portal NetEase published an article by the WeChat public number “Dark Night Research Room”, “Suddenly heavy pound! Ma Yun was border-controlled! According to Bloomberg, Jack Ma’s Ali empire is being scrutinized by regulators, and he has been asked to stay in China where he is not allowed to go! For Ma at this level, this is as substantial a border control as Wang Jianlin! The article also emphasizes that “the side control over Jack Ma comes from the top BOSS (boss), who means it himself!”

Look at China also quoted sources on November 24 of last year as saying that it was true that Ma had annoyed Xi Jinping, and that Ma was deeply upset after Ant Financial Services was besieged, so in addition to actively admitting his mistakes to the authorities and releasing goodwill, the group’s top management was also constantly trying to find ways to break out in upward public relations. In addition, Ma also foresaw that this crisis is not trivial, has prepared for the worst, and with it came Ma Yun was temporarily side control. Unlike the past, this crisis is not simply rely on money can be solved, Xi Jinping pressed the nuclear button at the last second, knocking Ma Yun behind the forces of the meaning is very obvious.

Secondly, the exodus said.

The land media “news headlines” reported on January 8, informed sources revealed that in late December 2020, Ma Yun has left the country through the St. Kitts passport. According to the report, Jack Ma has a large number of personal overseas assets in St. Kitts, although the country also joined the CRS (Financial Account Tax-Related Information Automatic Exchange Standard), but the local due to low tax or tax-free, Jack Ma holds a St. Kitts passport, as a tax resident of the country, financial account information outside the country will not have to be exchanged back to China, avoiding a large number of Chinese personal tax and asset monitoring.

On January 11, the mainland investor vertical social media Snowball.com published an article by the WeChat public number “Snow Mountain Finance”, “Jack Ma can’t run away! The monk can’t run away from the temple”.

According to the article, Ma is unlikely to run. First, there is no need to run, and second, even if you run, you can run away from the monk, not the temple.

The article analyzes, with a normal person’s thinking to understand, whether it is Ali or Ant, or other companies related to Ma Yun, now very bad days, this is a fact. However, mistakes are mistakes, not serious enough to kill and set fire to the extent that Ma Yun was arrested and shot, this time Ma Yun even to leave the country, whether it is a business trip or vacation, can go out in a big way. Even if there are really any restrictions, as long as there is a reasonable reason, it is not difficult to apply for exit (said Ma was restricted from leaving the country, but also think that there is no evidence), in this case, Ma is guilty of “fleeing abroad”?

The article says, Ma’s business, assets, partners, almost most of them in China, he can run where to go? Even if you want to run, but also have to learn from others Li Ka-shing, first transfer a few hundred billion, right?

The third is in Hangzhou “to avoid the wind” said.

Wired UK reported on Jan. 13 that a source close to Jack Ma told the media outlet that after Ant Group’s IPO was halted by authorities, Ma wanted to avoid being the center of public attention, so he has not appeared in public, and is just “avoiding the limelight.

The source said Ma can still be reached at any time when Chinese regulators decide what measures to take against Ant Group. He is now in Hangzhou, where he founded Alibaba.

But a request for comment from Wired U.K. magazine to an Alibaba spokesman declined to say when Ma’s next public appearance would be.

Similarly, the U.S. media CNBC reporter Faber (David Faber) 5 has also quoted informed sources, said Ma actually did not disappear, just need to keep a low profile for the time being.

Fourth, regret not leaving China earlier said.

Exiled Chinese tycoon Guo Wengui U.S. Eastern time on the 13th broke the news that Ma Yun can still meet with friends, Ma Yun met with Japanese friends two days ago when he had confessed his true feelings, regretting that he did not “leave China early”.

Five is to be locked in a dark room said.

US weekly Barron’s reported on Jan. 10 that Leland Miller, executive director of China Beige Book, a leading US market research firm, said in an interview that Jack Ma and his company are in a lot of trouble, and that it is possible that Jack Ma is “wisely keeping a low profile,” but it is also possible that he is being held by the Chinese Communist Party because he “didn’t pay homage to the party,” and that “he may have been taken down by the party and is now probably in a dark room.

Ma’s bizarre case illustrates the unique risks of investing in China, where Communist authorities can quickly change the rules without prior warning, the paper said. And with Alibaba’s sudden restructuring and its Ant Group under the control of Communist authorities, Ma could reappear in weeks or months.

Sixth, he is under scrutiny, he said.

The New York Post, also citing sources familiar with the matter, reported that Ma’s “disappearance” in China is likely to be temporary, and that Internet rumors that Ma has fled to Singapore are not true, and that Ma is now likely to be asked to keep a low profile, perhaps at home or in a “very comfortable place,” reading “Marxist dogma” with Communist Party officials, a process known as “censorship.

The seventh is forced brainwashing.

On January 10, Taiwan media “Shangpao” wrote an article by senior commentator Zheng Zhongyuan, saying that Ma Yun and more private business leaders in the future will go to another kind of “prison” even if they are not sentenced. Because after Xi Jinping’s words in Nantong, Jiangsu Province last November that private enterprises should learn from the late Qing Dynasty entrepreneur Zhang Jian’s “industry to save the country”, Jiangsu authorities inaugurated the Zhang Jian Entrepreneur Academy at Nantong Municipal Party School on January 6 this year, claiming to focus on cultivating a group of “Zhang Jian-style” entrepreneurs with social responsibility. The article argues that this so-called academy can be described as a group of socially responsible “Zhang Jian-style” entrepreneurs.

According to the article, this so-called academy can be said to be a party school specializing in facing private enterprises. But for those private entrepreneurs who do not listen, it is more like a “black prison” with brainwashing function, which is promoted by Xi Jinping himself and will be extended to the whole country. Ma’s disappearance for more than two months is likely to be a disguised house arrest. The authorities will use Zhang Jian as a dead textbook and keep brainwashing Ma to change his mind and even his character. The goal is not just to make him voluntarily hand over his consumer credit information, but to make Ma a model for the authorities to reform red capitalists.

Eight is to be imprisoned for more than 10 years said.

In a recent tweet, Bass, the founder of Hayman Capital and a well-known U.S. hedge fund mogul, asserted that Jack Ma would be sentenced to more than 10 years in prison within 18 months.

He cited the example of Meng Hongwei, former chairman of Interpol and former vice minister of the Chinese Communist Party’s Ministry of Public Security, who suddenly “disappeared” several years ago and was eventually expelled from the Chinese Communist Party and sentenced to more than 10 years in prison, and was publicly criticized by the Chinese Communist Party for having “no party principles.

In addition to Meng Hongwei, Bass said Ma could end up like Wang Jian, the former chairman of HNA Group, who died in a bizarre cliff fall in France a few years ago, or like Wu Xiaohui, the former chairman of Anbang Insurance Group, who was sentenced to 18 years in prison.

Nine is worse than Wu Xiaohui said.

Gao Yu, a senior Chinese journalist, told the Voice of America on Jan. 10 that Ma is obviously in a bad way and his situation and fate may be worse than Wu Xiaohui’s.

Wu Xiaohui, the grandson-in-law of former top Communist Party leader Deng Xiaoping, was sentenced to 18 years in prison and confiscation of recovered property of 85.7 billion yuan in 2018.

Ten is the Guo Guangchang flip-flop said.

Voice of America reported that Derrick Scissors, an expert at the American Enterprise Institute, a U.S. think tank, argued that Ma’s name is much louder than Wu Xiaohui’s and that Anbang’s behavior overseas is much more egregious than Alibaba’s. So I don’t think Jack Ma is similar to Wu Xiaohui of Anbang,” he said. But I think Ma may be similar to Guo Guangchang, chairman of Fosun Group, who was also detained for a time and then released.

Because of Ma’s close relationship with the Communist Party’s Jiang faction, it is said that Jiang Zemin’s grandson Jiang Zhicheng also owns shares of Alibaba. Many people believe that Ma was purged by the CCP authorities because he was involved in a power struggle at the highest level.