Keep thinking China is just like US is why Singaporeans are so naive about China. They think they can interpret what happens in China as if China is a normal country like US.
Why did Jack Ma leave alibaba? Why was alibaba broken up into a dozen small pieces? Why did he sell now while Xi is going around the world saying China is open to foreigners coming in doing business in China?
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Hard to understand that founders always sell their shares regularly and in small amount?
Unlocking value this way is common practice.
Well documented.
Just repost the following. Good luck.
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FIFY
We are talking about companies and their foundersā behaviors. Somehow, everything @manch think of is politics.
Politics is something average person canāt understand, somehow some people who donāt even hold a public office position before think they know what they are talking about. IMHO, better to stay business and not mess with politics.
Example of the following:
right here:
As if you can stay out of politics in China.
SMH
True for everywhere. Soā¦
As if you can stay out of politics in USA.
As if you can stay out of politics in EU.
As if you can stay out of politics in India.
ā¦
Dropped some more since these Singapore boys try catching the falling knife.
Nothing is binary. Itās always to what degree is something true or not true.
Reminds me of an old Soviet joke.
An American said to a Russian: "I can chant āDeath to Americaā right in front of the White House and nobody will arrest me. Can you do the same at Kremlin?ā
Russian said: āI can also chant āDeath to Americaā right in front of the Kremlin and nobody will arrest meā.
Guess you will tell me both countries have the same degree of speech freedom.
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You always talk binary 
Freedom of speech? I view I have more freedom in Singapore.
Many mysterious deaths in China lately. This founder supposedly died from the same heart failure as the ex-premier?
Dying from heart failure in China is the same as jumping from windows in Russia now?
The company has been struggling in recent years. After its successful initial public offering in December 2021, investor enthusiasm has been fading amid slower growth prospects. In the first half of 2023, revenues grew just 1.3% year-on-year to 1.4 billion yuan ($202 million)āa far cry from the almost 100% growth seen just a couple years agoāwhile losses stood at $443.8 million after including fair value changes of certain preferred shares and financial liabilities.
Rates are rising in other places.
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He said that because he is not a billionaire 
Actually is ok so long donāt touch politics. Many billionaires living well e.g. Haidilao founders.
Being a billionaire is definitely a health hazard in China. Otherwise you wouldnāt see so many rich people escaping China. Actually both rich and poor people are trying to escape China. Some are more greedy than others, want to dance to the last song and got some sudden heart disease they didnāt know existed the night before.
There was a wild Politico piece a week or so ago speculating the ex Foreign Minster has died. I didnāt believe it at the time. But that Qin guy has been missing for a whole year. If he is still around, they would have put out a photo of him reading a newspaper with the date clearly shown to dispel the rumor. But so far nothingā¦
If the ex Premier of China can die from some sudden heart disease, I guess everyone is a fair game.
Sensetime is not any ordinary AI firm. Itās the main supplier of surveillance AI to the Chinese government. It was widely used in Xinjiang for example to keep an eye on the Uyghurs. It was put on our entity list because of this and no American firms can do business with Sensetime.
Hereās some color to Sensetimeās role in Xinjiang. They got government to ban long beards on men because their AI has problems with beards.
This is the peril of investing in a one-man dictatorship regime. You never know if you really own anything. Just ask Jack Ma.
If you invested $10K when BABA IPOāed in 2014, almost 10 years ago, your investment would be worth $7,936 today.
Where is Jack anyway? Did he know he may have some undiagnosed heart problems?
A post posted in Aug 2020 for an ex-HKer who has bad memory.
Itās ironic you say that about China but think California is great. I guess California level of freedom seems amazing compared to China. You donāt realize California is the China of the US. Thereās only one acceptable line of thought, and thereās a ton of government control over everything.
