采访/陈汉 编辑/陈洁 后制/周天
AliBaba’s Background Unveiled
Second Red Generation Shareholders everywhere
July 21, The New York Times revealed, Chinese e-commerce
leading Alibaba has a deep political background because
many shareholders are Chinese Communist Party (CCP)
second generation of red.
For this allegation, Alibaba immediately denied this
with a statement.
Some analysts pointed out that the Jiang faction’s second red
generation’s misconduct will be disclosed more and more with
the Jiang faction’s downfall.
September 2012, the New York Times reported, Alibaba
Group announced to purchase another half of shares of Alibaba
from another company Yahoo for $US 7.6 billion.
The report said AliBaba raised funds by selling shares to the
leading investment institution.
The leading investment institutions include China’s sovereign
wealth funds, as well as three famous Chinese investment
companies: Bo Yu capital, CITIC Capital and National
development bank’s investment institution CDB Capital.
However, AliBaba did not specify these three investment
companies having a deep political background.
According to the report, there are many CCP officials’
descendants in senior management positions
in the three companies.
These officials have served in the
Politburo Standing Committee after 2002.
Alibaba is expected to be listed in September in
the United States.
The report said that Ali Baba’s valuation is more than
$US 200 billion through the initial public offering (IPO).
The second red generation members with strong political
backgrounds may make windfall profits.
Commentator Ren Baiming: With Zhou Yongkang, Bo Xilai and
Jiang’s gang members’ downfall, backers
are gradually falling away.
This includes the red second generation with a Jiang faction
background, as well as someone who made large amounts of
money and having interests in the Jiang power faction.
In this case, a lot of negative news will be released through
overseas and domestic media.
It is said that Bo Yu Capital is owned by former CCP General
Secretary Jiang Zemin’s grandson Jiang Zhicheng.
Bo Yu capital has received more than $US 1 billion return
through a subsidiary’s $US 400 million investment to Alibaba.
The CITIC Capital is one of the investment institutions under
CCP central enterprise.
One of the Eight CCP elder statesman Wang Zhen’s son, Wang
Jun had served as CITIC Group chairman for a long time.
CITIC Group subordinate CITIC Private Equity Funds
Management Co. is a long-term position led by the current
Politburo Standing Committee Liu Yunshan’s son Liu Lefei.
In addition, the vice president of CDB Capital is He Jinlei
whose father is He Guoqiang, a former Politburo Standing
Committee and secretary of the
Central Discipline Inspection Commission.
CDB chairman Chen Yuan is the princeling.
His father was one of the Eight CCP elder statesman Chen Yun.
Ren Baiming: especially Jiang Zemin, not only his grandson, in fact, his
son was called the largest Chinese embezzler by the people.
You can imagine Jiang family’s series of corruption might be exposed at
the front when it’s time to clear them.
Currently, there is some dispute over the economic field with a
strong political background behind them.
July 21 evening time, Alibaba retorted
New York Times’ report in a statement.
The statement alleged that the market is the only background
for Alibaba and described the New York Times article was based
on self-inference and self-imagination.
The Political Commentator Lan Shu: the senior CCP cadres’
families or the children did business by the use of cadres’
power within the party or the country, or the cadres’
influence to seek benefits for the families of children.
This information is the evidence for faction struggle.
They certainly do not want others to catch it.
For those corrupt officials, they just do it and deny it.
July 23, Hong Kong Apple Daily disclosed in the first half of
this year, AliBaba’s acquisition of CITIC 21CN from AliBaba
made (Citic 21CN) stock rise to $HK 8.3 from 0.83.
The Citic 21CN stock has been losing value for a long time.
The director of the Company Chairman Wang Jun received more
than HK $ 90 million in cash.
The report also said, Alibaba purchased for 6.2 billion the
44 million valued ChinaVision Media Group Limited
to boost the stock price.
The Chairman of ChinaVision Media Group Dong Ping is very
close to Zeng Qinghuai, the younger brother of former
Politburo Standing Committee Zeng Qinghong.
Ren Baiming: The second red generation is a major
feature of China.
They monopolized the industry using their power: some engaged
in real estate, some engaged in financial services;
some engaged in telecommunications.
The second red generation background is
everywhere including oil.
It is a very troublesome problem currently faced by the CCP.
I believe Xi Jinping will gradually find a way to handle the
second red generation: given an exemplary punishment
but not cause a panic.
Ren Baiming pointed out that the new CCP leader Xi Jinping
completely cut the Jiang faction’s grandchildren networking
chain by punishing Jiang’s faction and
taking down the big tiger.
Interview/ChenHan Edit/ChenJie Post-Production/ZhouTian