The Financial Times reported that Wang Xing, founder of the Chinese food delivery app “Meituan”, posted on social media an ancient poem from the Tang Dynasty, “Burning the Book Pit”, which reads, “The smoke of bamboo and palm is sold in the empire’s vain, and the Guanhe River is empty and locked in the ancestral dragon’s residence. The ashes of the pit are not yet cold and chaotic in Shandong, Liu Xiang originally did not study.” The company’s shares fell 9.8 percent on the 10th, and Meituan’s top executives were also interviewed by the Shanghai Consumer Protection Commission on the same day.
According to the Free Times today, citing news reports, the PO Tang poem implies that Xi Jinping does not read? The stock price of Meituan fell 9.8 percent and the top management was interviewed. The sources said the case involved a scourge from the mouth.
The Chinese food delivery app Meituan’s shares fell 9.8 percent on the 10th after founder Wang Xing posted an ancient Tang Dynasty poem “Burning the Book Pit” on social media, which was interpreted by investors as criticism of Chinese Communist Party President Xi Jinping, and Meituan’s top executives were interviewed by the Shanghai Consumer Protection Commission on the same day. According to the Financial Times, Meituan is now under anti-monopoly investigation by the Chinese authorities after its top rival Alibaba was fined 18.228 billion yuan by the Chinese Communist Party last month.
Wang Xing recently published a poem by Tang Dynasty poet Zhang Jie, “The Burning Pits,” on his website, “Rice No.” The poem reads, “The smoke of the bamboo and palm leaves the empire in vain, and the Guan River is empty and locked with the residence of the ancestors. The poem reads: “The ashes of the pit are not yet cold and chaotic in Shandong, Liu Xiang originally did not study”.
The newspaper said Weibo users compared Wang Xing’s posting of the Tang poem to a speech by billionaire Jack Ma at a forum in Shanghai last October, when Ma heavily criticized the norms of Chinese banks, prompting the Chinese Communist authorities to call a halt on the eve of Ant Group’s $37 billion IPO. The first thing you need to do is to do something that seems stupid to ordinary people. The first time I saw this, I had to go to the airport. Another financial blogger said, “Before there is Ma Yun speech, after there is Wang Xing copy poetry, the end of the peak of life has arrived, the natural disaster from the mouth”.
According to the report, Wang Xing later deleted the posting and explained, “Two days ago, a Tang poem made me quite emotional: Qin is wary of scholar, but later destroyed the Qin Liu Xiang but do not read, which gave me a wakeup call, the most dangerous opponents are often not the expected ones. These years Ali has been focusing on Jingdong, but finally it was Poundland slash kill out. Similarly, the biggest rival of the Meituan takeaway seems to be “hungry”, but more likely to disrupt the takeaway, but we have not paid attention to the company and model.
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