NYSE Delisting of Chinese Companies Adds Further Pressure on Xi

Himalaya Canada, Maple Leaf Farm, WenYong

Proof reader Amy

New York Stock Exchange (NYSC) finished 2020 with a surprise announcement that 3 major Chinese telecom companies will be delisted between Jan. 7 and 11, 2021, due to their ties to the Chinese military [1].

As of Dec. 31st, 2020, the three companies to be delisted are China Mobile, China Telecom and China Unicom. They have a combined market cap of $153 B, with China Mobile ranked top among the three, with a market cap of 115.8 B[2].

Such a move from NYSE adds further pressure on Chinese president Xi Jinping, who has been suffering from intracranial aneurysm and has to undergo surgery in the next few weeks or days.

News of Xi’s health issues first appeared on the Twitter on Dec. 27th, 2020, and our previous report [3] analyzed how and why such highly classified information was leaked to the public at such a sensitive time when the tension between US and China reaches a historically high level.

In another report [4], we explained that during the last few years of former president Hu Jintao’s term (2010-2012), former president Jiang Zemin staged a military coup and took control of Hu. Before Hu’s term ended, Jiang chose Xi as the successor to Hu, and that Xi, with his health issues, was considered easy to control, allowing Jiang to maintain his grip on power.

Xi, however, has his own agenda and is not content with being a puppet. After he assumed the position, Xi began centralizing his control of the military, and started rolling out policies aimed at decreasing Jiang’s influence within the Chinese Communist Party (CCP).

According to Lude’s live broadcast on January 1, 2021 [5], the three companies to be delisted from NYSE, are the foundation of Jiang’s investment empire and provide major source of income for Jiang’s family.

Such a move from NYSE severely cuts Jiang’s financial influence, and in turn, reduces his political power within the Party. This would infuriate Jiang, who could seek retaliation using his remaining power within the CCP. So the infighting will surely intensify, further adding pressure on Xi.

 On January 2, 2021 [6], Lude noted that Xi has been very quiet during past few days, which is very unusual during the new-year period. This may indicates that Xi are going through medical treatment for his condition. Also, Lude revealed that US has a plan to capture Xi alive in 2021.

And now, with the 3 major telecom companies delisted and Jiang seeking revenge, there are more things for Xi to worry about.

References

[1] The Hill: NYSE to delist three Chinese companies with alleged ties to Chinese military, https://thehill.com/policy/finance/532315-new-york-stock-exchange-to-delist-three-chinese-companies-with-alleged-ties-to , January 1, 2021

[2] Finviz: Market Cap for China Mobile,  https://finviz.com/quote.ashx?t=CHL

[3] GNews: Chinese president Xi to undergo brain surgery, Lude confirms, https://gnews.org/694080/ , December 27, 2020

[4] GNews: Xi Seeking Alliance with Putin, Lude Reveals, https://gnews.org/704992/ , December 31, 2020

[5] Lude Daily 1/1/2021: Trump tweets anti-CCP video a sixth time, https://www.youtube.com/watch?v=DCzc2v6uH18 , January 1, 2021

[6] Lude Daily 1/2/2021: Xi has been quiet in the past few days, https://www.youtube.com/watch?v=q_yZU2aKrvE , January 2, 2021

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