[자막뉴스] Chinese IT tycoon, the biggest crisis since the beginning of the year…what happened to Ma Yun?

The ordeal of Ma, the founder of Alibaba, the world’s largest e-commerce company, began last November.

This was when the Chinese authorities suddenly stopped the public offering of Ma Yun’s fintech company Ant Group.

The Chinese government is in a position that the mobile and big data-based financial industry that Ma Yun was trying to introduce is premature.

[왕원빈 / 중국 외교부 대변인 (지난해 11월 4일) : 상장 중단은 자본 시장의 안정을 더욱 잘 지키고 투자자의 권익을 보호하기 위해 내린 결정입니다.]

Ma Yun, who once again tried to write a myth with a listing of 35 trillion won, the largest in the world stock market, hit a wall.

However, the’stop listing’ was not the end.

The Chinese authorities have listed the requirements of Ant Group to focus only on the current payment business.

It is to abandon the plan to create the largest financial company based on Alipay, a payment app used by 1 billion people.

Furthermore, the Antgroup warned directly that it was not conscious of the law and was disregarding supervisory authorities.

[관영 CCTV 방송 (지난 12월 28일) : 관리 체제의 불건전, 법률 의식 미약, 감독 규정 에 합당한 요구 무시, 감독 규정 위반한 이익 추구 등 앤트그룹 경영상 주요 문제를 지적했습니다.]

Ma Win’s “hands-on” measure was a resounding moment for Ma Win’s forum speech in October.

The Chinese financial market, centered on super-sized state-owned banks, was hit directly by the name of a pawn shop.

At the time, heads of financial supervisory institutions who attended the forum brought back a backlash, driving a backlash.

In the end, Ma and Ant Group are accepting most of the Chinese authorities’ demands for regulations and business reorganization.

Ma Window, which is called the living “myth of IT” in China, is facing the greatest crisis since the beginning of the year as he cannot lose sight of the power of Chinese authorities.

Reporter: Sungwoong Kang
Photo editing: Go Kwang
Graphics: Minsu Kang
Subtitle News: Yoo Ji Hye

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]