The producer of the clip knew nothing. Ant Financial is, in finance term, an originator and an servicer of unsecured debts. It originated personal and small business loans via its popular alipay app, using only less than 2% of its own capital, the rest of the loan balance are from traditional banks. Basel accord requires 8% if it is treated like traditional banks. I am glad that the chinese government shut it down the ipo at that time. Otherwise it is a time bomb.
@mintugupta26419 күн бұрын
Found a good channel today 👍
@sourabhjain5510 күн бұрын
Kindly allow captions,i am hearing disabled
@GeorgeKuan-o8m9 күн бұрын
I thought this was one of the finest documentary - while some details are subject to be debated and challenged - the overall storyline was award winning worth. That said, I wonder if China really helped ANT / Jack by not having the IPO. Imagine the IPO then Covid and sunk the stock price which then would have created a social unrest that government can’t manage.
@DeniseAndrews007 күн бұрын
Is it possible to activate subtitles so I can share the video? thank you.
@navajojohn944816 күн бұрын
I hate music in documentaries so I moved on. I just assume anything China is dishonest. By the way it is not illegal in China to commit financial fraud outside China to foreigners. Cooked books very easy.
@toprankintv912210 күн бұрын
Your government brainwashed you 😂😂😂 you have no personal reason to not like china. Just whatever your government told you smh your lost
@pslaw15 күн бұрын
The film doesn't have an answer to the issue raised in the title. Nothing is new here. 1/5 for a pretty good presentation, though.
@daveyvane16 күн бұрын
Yeah, those China street traders look real, real successful.😂
@mpc7776916 күн бұрын
@daveyvane dude, whaddaya mean?? you heard the first guy... "I installed this app myself". Sounds like a Success Story to me 😂😂 🤦♂️🤦♂️🤦♂️
@daveyvane16 күн бұрын
@ a tech wizard!
@JojoLannister16 күн бұрын
BABA & other ch stocks aren’t doing that badly. Revenue keeps growing. However, Chinese stocks are struggling overall due to geopolitical issues, as China is closely aligned with Russia & N.Korea.
@amraceway13 күн бұрын
The Russian connection has been extremely financially beneficial to China.
@juanwhick558917 күн бұрын
That alipay code looks like the mark of the beast.
@vicentevaldez169614 күн бұрын
Elon Musk....xAI Jack Ma (AI)Alibaba Intellegence
@juanwhick558917 күн бұрын
Wish I lived in a country where i can do the stock market after work and at night 🌙 😅
@RichardHarris-b6f12 күн бұрын
Thanks for sharing such valuable information! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). Could you explain how to move them to Binance?
@David_Lloyd-Jones16 күн бұрын
The name of the city is Beijing. Your Bayzhing may exist -- on some other planet.
@costakonti16 күн бұрын
BABA IS DEAD MONEY, AFTER 12 YEARS YOU WOULD LOSE MONEY
@KenSiefert17 күн бұрын
What’s with the idiotic music?
@juanwhick558917 күн бұрын
Background noise. Though it's somewhat pleasing but too loud.
@vitalytarasov165814 күн бұрын
Too much foreign speech without dubbing, impossible to watch!
@harmandash714711 күн бұрын
Chinese documentary
@Aviator52614 күн бұрын
The poor Chinese people. Hard workers that deserve to share in the prosperity of the nation.