r/worldnews – Chinese government may nationalize Jack Ma’s Alibaba and the Ant groups

Reports indicate that recent developments are proof of China’s resolve to nationalize Alibaba. Song Qing, Internet finance industry insider, said the investigation is part of CCP plans to nationalize both Ant Group and Alibaba.

“There will definitely be an outcome, now that they have started the investigation … This is probably coming from the highest levels,” he told Radio Free Asia.

So, nothing confirmed, just speculation like this other article



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