Local media reported that prominent Chinese billionaires, including Lenovo Group founder Liu Chuanzhi and Didi Chuxing chairman Liu Qing, have had their Weibo accounts cleared and only shown content from the past six months.
Weibo is a Chinese microblogging platform and is widely used in China as an alternative Twitterwhich is inaccessible in the country.
It is also revealed that several other famous Chinese billionaires have suddenly emptied their Weibo accounts, including Zhang Yiming, the founder. ByteDance, and Meituan founder Wang Jing, said in a report. The sudden move by several prominent figures has sparked speculation on Chinese social media that big tech entrepreneurs are scared of something.
Weibo and other social media are considered good public relations channels and tech giants are using social media to talk about their future growth plans, the report said.
But they have given up on the social media platform probably because they knew it was a sensitive time and it was dangerous to speak in public, the report said.
Meanwhile, a TV channel CCTV reported on Tuesday that the Hangzhou State Security Bureau took criminal action against some “Ma” and took him into custody, on charges of indulging in activities provoking secession, damaging state power. and was suspected of using the Internet to endanger national security. ,
news was quickly attached Alibaba Group Hangzhou as founder Jack Ma was the headquarters of both the Alibaba Group and Ant Group, the companies owned by Jack Ma.
Furthermore, as Ant Group was caught in a whirlpool of controversies, and Ant Group’s IPO was blocked by the authorities; People became convinced that the Hangzhou affair was related to “Jack Ma, aka Ma Yun” and the news started trending on Weibo.
However, the incident reported by CCTV actually took place on April 25 and was reported more than a week later with vague language and lack of details. The news caused a sharp drop in the stock price of Alibaba in Hong Kong, which fell nearly 9.4 percent.
Some believe that all this was deliberately done by the Chinese Communist Party (CPC) to give a stern warning to Jack Ma.
Jack Ma’s Alibaba, Taobao, Ant Financial and other companies hold the personal information of millions of citizens, a hidden concern of the Central Committee of the Communist Party of China, and are also considered to have “the potential to destroy the state”. Power”.
Since the extension of Xi Jinping’s term is seen as a major priority by the Central Committee of the Communist Party of China, people believe that anything can happen to the tycoon in today’s time. Doesn’t seem far-fetched that a big report says the business tycoon has been arrested.