A sudden halt ordered by Xi Jinping on the eve of Ant Group’s IPO has alarmed the international financial community. The latest disclosure by foreign media is that Ma Yun, the founder of Ant and Alibaba, is behind a series of purges by the authorities, involving the participation of former Communist Party leader Jiang Zemin’s Family and others. Another technology giant, Tencent’s Ma Huateng, has also been involved in the recent controversy, with rumors that Vice President Zhang Feng was arrested for allegedly leaking secrets to former Vice Minister of Public Security Sun Lijun. Behind the “double horse” incident, current affairs commentator and veteran China expert Cheng Xiang believes it is related to Xi Jinping’s plan to be re-elected to the 20th National Assembly next year, showing that Xi is cleaning up the Jiang family’s power and the “knife handle” public security system along two lines.
In early February, the Chinese Communist Party‘s official media issued an article praising contemporary entrepreneurs but missing Jack Ma, which has been regarded as a warning signal of Alibaba’s trouble. On February 17, the Wall Street Journal revealed that Jiang Zemin’s grandson Jiang Zhicheng, Jia Qinglin’s son-in-law Li Botan and other “second generation Reds” had secretly invested in Ant Group, leading Xi Jinping to personally withdraw Ant’s application for listing in both Shanghai and Hong Kong.
The white glove incident involves Xi’s purge of Jiang’s forces
The company’s “white glove” is actually known to everyone as the “white glove”, and must have been backed by people in control of the CCP’s policies, or even directly involved in Alibaba and Ant Group, to jointly operate and take benefits. As Guo Wengui has also revealed in the past, Ma is behind a large group of “second generation Reds,” especially the white gloves of Jiang Zemin’s family. This Time, the Wall Street Journal only dug out the specific names of Jiang Zemin’s grandson and Jia Qinglin’s son-in-law, which is not particularly new, “the second generation of red or second generation of officials holding shares and not only the two of them?”
But behind Ma’s serial purge, Cheng Xiang believes it has something to do with Xi Jinping’s plan to be successfully re-elected at the 20th Communist Party Congress next year (2022), and to start clearing out all the forces that might hinder his re-election. The Jiang faction has always been a major problem for him, after all, Jiang Zemin has held the highest power for so many years, “he (Xi) in order to remove the resistance to re-election, will certainly be through the purge of Ma, to purge the Jiang family forces.”
Hong Kong is to go through the capital of the road to destroy the Hong Kong damage to the interests of the second generation of the Red
Ant Group last October in Hong Kong before the listing was called off, three days recorded a stunning record of nearly 500 billion yuan in margin subscriptions. For the role of Hong Kong, Ching Cheong said that in the issue of the Chinese Communist Party’s powerful capital, there is no place in the world comparable to Hong Kong, because their funds must first berth in Hong Kong, the non-convertible yuan into Hong Kong dollars, immediately become convertible currency, “U.S. dollars, Japanese yen, Euros, pounds can all be exchanged in Hong Kong, to facilitate the capital to Germany, Switzerland, the British territories or. There are 70% to 80% of the going capital, are through Hong Kong to stop a stop, and then transported to foreign countries.”
Cheng Xiang said that Hong Kong has been playing this role for decades since the reform and opening up, such as Xi Jinping to destroy Hong Kong, so that the red generation to lose the convenient way to go capital, will cause the red generation of his great dissatisfaction, “many red generation have come out publicly to challenge Xi Jinping’s policies and power position … because many of his policies, including the policy on Hong Kong, is directly harmed to the interests of the red generation. “
Tencent leaked secrets to Sun Lijun? Public Security System Faces Cleanup
On the other hand, the Wall Street Journal revealed on Feb. 12 that Zhang Feng, another top executive at China’s tech giant Tencent, was detained by Communist authorities for allegedly providing WeChat data to Sun Lijun, a former vice minister of the Communist Party’s Ministry of Public Security, who is now under investigation.
Cheng Xiang pointed out that Xi Jinping is also sweeping away potential resistance in the public security system, because Xi has all the “guns” (the military) in his hands, but does he have the “knives” (the public security system) in his hands? This is evident from the constant purges of top leaders in the public security system over the past two years, and Xi Jinping is not yet very comfortable with this. “Therefore, the political purge of Jiang’s forces on the one hand, and the purge of the ‘knife handle’ forces at the same time, I think the purpose is to achieve next year’s 20th National Congress can be safely re-elected for a third term.”
The “two horses” Ma Yun and Ma Huateng have been in trouble one after another, Cheng Xiang said, in fact, Guo Wengui two years ago has predicted that they and in France “fell over the wall to death” Wang Jian sooner or later, precisely because Guo Wengui understood that these people and the power of the Chinese Communist Party is very deep, a minute will be The reason is that Guo Wengui knows that these people have deep ties with the Chinese Communist Party and will be taken out by the other faction to sacrifice the flag.
Did Tencent leak the truth about the Wuhan Epidemic?
It is alleged that Tencent leaked information to former Vice Minister of Public Security Sun Lijun. It is widely rumored that the real reason for Sun Lijun’s fall from power was that he secretly gave evidence of the CCP virus to his wife in Australia, which was intercepted and grasped by the Australian authorities, making Australia the first country to seek compensation from the CCP.
Cheng Xiang makes another observation: Did Tencent’s accident involve the leakage of information to Sun Lijun, or did Tencent itself expose the real data of the epidemic to cause trouble? Looking back to 2019, when China’s epidemic was raging, Cheng Xiang observed that Tencent published infection and death figures on its page three times, almost ten times more than the officially announced figures. Tencent later claimed it was an internal error and apology, then updated back to the official Communist Party figures, but the same situation occurred three times in succession, “In retrospect, did Tencent publish the figures without permission?” But whether Tencent made the unauthorized announcement or gave the information to Sun Lijun, it is also a stab at some of the CCP’s practices to conceal the epidemic. We will have to wait for the future development of the facts to see whether Tencent is being held accountable for this.
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