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Sources: in an early November meeting, Jack Ma offered concessions to Chinese regulators, including handing over parts of Ant Group if "the country needs it" (Lingling Wei/Wall Street Journal) https://t.co/ickIuIQsMK pic.twitter.com/bqWqSNUmui
— imreganreynolds (@imreganreynolds) December 20, 2020
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https://finance.yahoo.com/news/platforms-ant-jack-ma-told-031157488.html
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On Monday's @WSJ front page: As regulators bore down ahead of his planned blockbuster IPO, Jack Ma made them an offer they totally could refuse: “You can take any of the platforms Ant has, as long as the country needs it.” Latest scoop from @Lingling_Weihttps://t.co/p7Jk4Nak7h https://t.co/ghdilE7wDJ
— Jonathan Cheng (@JChengWSJ) December 21, 2020
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'You're nothing but a cloud’ Xi's message to Jack Ma.
— Adam Tooze (@adam_tooze) December 19, 2020
Did Alibaba/Ant boss ill-advisedly pick a fight with Liu He and Wang Qishan? This is from a few weeks back but fascinating on the Anti IPO clash. #chinapoleconhttps://t.co/arsXUkLvzz pic.twitter.com/BK8yFSHIUt
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Before: "Mr. Xi personally ordered Chinese regulators to investigate the risks posed by #Ant … and to shut down Ant’s initial public offering."
— Ajit Pai (@AjitPai) December 20, 2020
After: "'You can take any of the platforms Ant has, as long as the country needs it,' [Jack Ma] proposed." https://t.co/9MtQAv6dXw