English Subtitle Added: Why China Stopped Ant Group's IPO

CA 4 English Subtitle Added: Why China Stopped Ant Group's IPO 1,419 views •Feb 9, 2021 132 2 Share Save Difference Frames the World 7.71K subscribers This Is A Video Published Before, we just added English subtitles, As Requested By Some Viewers. The Original Video without English Subtitle will be removed after two weeks. https://youtu.be/jeP3eVUn2Ro​ --------------------------------------------------------------- Among Jack Ma's businesses, Ant group is definitely the one he loves the most. half a year ago, Jack Ma sold around 220 million shares of Alibaba, lowering his shares to 4.8%, below the 5% threshold which he should maintain to control Alibaba. Of course, Joseph, another permanent partner of Alibaba holds another 1.8%, and that helps him continue his reign over Alibaba. We still do not know why he sold such a big percentage of Alibaba shares, but obviously, he wanted to do more things, among which his Ant Group was definitely the one that drew most of his attention. If the IPO of his Ant Group is successful, its value was initially appraised at 270 billion US dollars, once on the market, the value will probably soar up to 3 trillion RMB, and Jack Ma would probably be very close to a trillionaire in RMB, not a billionaire anymore. With 3 trillion RMB as Ant Group's market value, Jack Ma's wealth will easily exceed 100 billion US dollars, making him one of the world's top 10 richest men, with Jeffrey Bezos, Elon Musk, Bill Gates, and Warren Buffet ranking a little higher than him. 30 Comments augustin tio Add a public comment... Difference Frames the World Pinned by Difference Frames the World Difference Frames the World 22 hours ago This is a re-posted video, we just added English Subtitle to the video, and nothing changed. Old subscribers can skip this. We are putting English Subtitles to the videos we have right now, as a lot of viewers have difficulties to follow what was said in the videos, and for re-posted videos, the title will begin as "English Subtitle Added", and in the description, we will mention they are published videos before. It took more than 10 hours to prepare one video, and another several hours to add subtitles, the workload is too heavy to be finished in one day. We will try to upload new videos every other day, and for new videos, they do not begin with "English Subtitle Added". Old videos with English Subtitle will be deleted in two weeks. Mega Fan 11 Mega Fan 11 20 hours ago Ant Group would end up as China's GameStop if the Government didn't stop it before. Kudos to the P.R.C.! 5 Mohmee Gaik Mohmee Gaik 18 hours ago (edited) Thank you Different frames the world for providing indepth general knowledge. 5 Yaur Yaur Yaur Yaur 22 hours ago (edited) China's tech companies will SOON globally replace Facebook Twitter Instagram YouTube. Bilibili is simply the best. I enjoy watching bilibili videos better than YouTube videos here in Canada. 6 Robert Chu Robert Chu 20 hours ago (edited) Last couple of videos, otherwise, great digests of Chinese understanding on Jack Ma; I got a mixed feeling, difficult to “digest” the content. I feel your videos did not do enough justice to Jack Ma’s business model. It’s not simply a cut and paste of US technology and financial platform. Even if it were, Jack Ma was so successful and thereby contributing greatly to Chinese society. You video neglected to mention the most innovative financial feature of Ma Yun’s idea, namely, sesame social credit evaluation system, uniquely Chinese, based upon his big data collected from his internet business. The existence of this financial AI social credit system is what distinguishes his business from all other lousy p to p lending companies, whose lack of risk management system eventually harms Chinese society and young small borrowers. 2 Kenuik nono Kenuik nono 7 hours ago (edited) Bravo. Deep research. Jack lost his mind wanna be fulfilled his top 10 world wealthiest man dream. He totally corrupted by greed & fame. wUm Ao wUm Ao 14 hours ago Thank you for the counter arguments and telling China's side of the stories. For too long people have been getting China's side from the Western Side via "reports" and unanimous sources. 1 Sunapa Deleon Sunapa Deleon 21 hours ago 👍👍👍👌👌👌🌹❤️🙏🥰 3 Leela Leela 21 hours ago (edited) Can I ask where that last scene walking the embankment is filmed. Looks Fantastic 2 Jim Sia Jim Sia 14 hours ago Zhong san San, China richest has more than Warren buffet 1