Tencent Loses $35 Billion of Value as WeChat Ban Roils Markets

[PakFactor]

Buy if you want to loose your shirt.

I’ve been trading for 15+ years US and International; never lost my shirt as long money is invested is solid companies with fundamentals.

 

[SuperStar20]

I’ve been trading for 15+ years US and International; never lost my shirt as long money is invested is solid companies with fundamentals.

Good job if it is true . I have not known single person made money on chinese stock. All the books are cooked.

 

[PakFactor]

Good job if it is true . I have not known single person made money on chinese stock. All the books are cooked.

Just remember every company manipulates their numbers one way or the other, some are found right away some years down the road. Their are only a handful of companies I trust in the Chinese market.

 

[Reashot Xigwin]

The US government needs two things to access data:

- Cooperation
- Justification

The first item -- cooperation -- can be between the government and the company.

The second item -- justification -- means the government must explain to the court why it needs the data.

Even if there is an agreement of cooperation between the government and the company, usually the company would ask for justification anyway.

For China, the government needs neither. The government simply issue an order -- not a request -- but an order and the company must comply without asking for justification.

There are three types of law:

- Statutory
- Case
- Administrative

For what we are talking about, we are concerned with 'Statutory' and 'Administrative' laws.

Take this law: 'Do not perform X'. This is an example of statutory law. It is simple and direct. It is general and principled.

Now, take this law: 'Do not perform X UNLESS it is a full moon, Venus is in the House of Mars, and it is midnight.' The 'unless' conditions for when it is permissible to perform X make this an 'administrative law'. An 'administrative' law is essentially a legal regulation that contains the what, why, where, and when details.

China's National Security Law is 'statutory'. It was written in general terms. It was not a mistake. It was written that way in order to give the government broad investigative and enforcement powers. If you have access to data and if the government orders you to give a, b, and c data, you must comply. It does not matter the geographical location of that data. If you have access to the US server, it is your data and you must comply. The law does not care if you own or can access the data or not. The law simply say that you must comply and if the investigator found out you have access to the US server, his power is broad enough that he can, in the name of the Chinese government, order you to access the US server. If you are a Chinese citizen, the law is broad enough to make you a spy for China and you must comply. That means if you do not own the data but can access the US server, you must comply.

You're wasting your time all the Chinese knows from the west are culture war nonsense & not the actual truth. But I do appreciate your effort in tackling bullshit.

One of the retard here (not gonna say which one) even goes as far defending David Duke (KKK leader) because he got banned from Twitter & taken it somehow as evidence that there's no free speech in America. This while pretending he cares about free speech.

 

[Reashot Xigwin]

https://en.m.wikipedia.org/wiki/Xinjiang_re-education_camps

 

[TruthHurtz]

https://en.m.wikipedia.org/wiki/Xinjiang_re-education_camps

You have Sub-Saharan IQ. China's population is 1.4 billion, even if the commonly claimed (false) figure of 1.5 million Uighurs interned is used as a basis, it still would be nothing compared to 2.3 million people in the American justice system. That's out of a population of 320 million people.

China is homogeneous, united with a strong sense of national identity. The US is a cultural melting pot with perpetual racial strife, the American establishment is constantly battling their own people. So it would be expected for the US to have a disproportionate prison population.

 

[TruthHurtz]

You're wasting your time all the Chinese knows from the west are culture war nonsense & not the actual truth. But I do appreciate your effort in tackling bullshit.

One of the retard here (not gonna say which one) even goes as far defending David Duke (KKK leader) because he got banned from Twitter & taken it somehow as evidence that there's no free speech in America. This while pretending he cares about free speech.

Nice cheap shot. I care about freedom of speech, in my country. Because it's compatible with our culture, values, belief system etc. I couldn't care less for freedom of speech elsewhere, that's their bed to make. And I've discovered that China has a hell of a lot more free speech than the media will lead you to believe, same with Russia. I could literally be arrested where I am for saying things I'd be left alone for in China or Russia.

The US has free speech in name only, good luck fighting the media conglomerates and their army of Jewish lawyers to get your rights back. Good luck getting a judge that sympathises with you. I'm combative on this issue because you're arguing for something you blatantly don't have (anymore), you're claiming to be 6'2 when you're in fact 5'10, to put it into an analogy.

 

[Reashot Xigwin]

Nice cheap shot. I care about freedom of speech, in my country. Because it's compatible with our culture, values, belief system etc. I couldn't care less for freedom of speech elsewhere, that's their bed to make. And I've discovered that China has a hell of a lot more free speech than the media will lead you to believe, same with Russia. I could literally be arrested where I am for saying things I'd be left alone for in China or Russia.

The US has free speech in name only, good luck fighting the media conglomerates and their army of Jewish lawyers to get your rights back. Good luck getting a judge that sympathises with you. I'm combative on this issue because you're arguing for something you blatantly don't have (anymore), you're claiming to be 6'2 when you're in fact 5'10, to put it into an analogy.

Go put up a sign showing a picture of the xi jin Pooh meme in the middle of Beijing. I'm waiting...