Monday , November 30 2020

[Lista mrówek uderza w skały]When will the ant auction be resumed? Continental experts: “No government approval, no future” – Hong Kong Economic Times – Real Time News Channel – Market News – IPO

Liu Quan, a senior Chinese real estate expert, posted an article on the Internet entitled “Ma Yun’s Ant Group Will No Longer Be Listed!”, Published by continental media, which sparked a lot of heated discussion among Internet users.

Ant Group suspended its listing and the outside world was concerned about where Ant Group would go after the cessation of listing, and heated discussions about when Ant Group could return and re-enter the list in China and Hong Kong. However, Liu Quan, a senior Chinese real estate expert, posted an article on the Internet entitled “Ma Yun’s Ant Group Will No Longer Be Listed!” In the media on a continent that attracted many internet users.

According to the article, according to the Ant Group prospectus, 60% of Ant Group’s revenues come from financial technology activities, and the scale of payment transactions last year reached 118 trillion yuan. It can be seen that Ant Group is in fact a financial technology company, but uses the Internet. Companies engage in financial activities on behalf of the company in order to avoid financial oversight. Due to the large flow and capital of Ant Group, Ant has already threatened the security and stability of transactions in the financial markets.

Foreign media say Xi Jinping has stopped Ant’s listing, see[Następna strona]for details

Liu Quan analyzed that the previous lack of robust laws and regulations in China and related financial supervision mechanisms has given many internet companies the opportunity to expand their financial activities under the banner of technology. He pointed out that these businesses should be organized in accordance with the law.

He pointed out that if Ant Group is not willing to fully accept surveillance, in the long run “there is no future for Ant Group without government approval.”

In fact, Liu Quan previously wrote an article explaining that the traditional financial industry and the online financial industry are slightly different in nature, so he believes that oversight of Internet technology is more important. Online financial service borrowers are more prone to debt crises and defaults than banks, he said, and that without proper supervision, greater social woes and greater financial risk are expected.

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Publisher: Lai Yiling

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