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President Trump’s economic war on China continues . . . He’s now considering a BAN on two Chinese digital payment platforms. Yet the move won’t stop the $250 billion IPO of this Chinese company.
Go here to claim Pre-IPO shares BEFORE this stock goes public.
On Sept. 30 the President held a meeting in the White House Situation Room.
Trump and his advisors discussed closing the U.S. market to Chinese digital payments providers. An upcoming executive order could ban Alipay from Ant Group (private Pre-IPO) and WeChat Pay from Tencent (OTC: TCEHY).
Trump is worried that the platforms threaten U.S. national security.
The concern is that these new digital payment platforms could become major players. And they would have personal and banking information for millions of American citizens.
Ant is preparing to go public in a huge $250 billion IPO. The Chinese company plans to raise an astounding $30 billion from investors. And the valuation makes Ant twice as valuable as Citigroup (NYSE: C).
Yet the world’s biggest IPO won’t happen on the NASDAQ or NYSE. Instead, the Chinese company plans to list its shares in Shanghai and Hong Kong.
That makes it impossible for Trump to STOP this IPO.
U.S. investors have already invested $500 million in Pre-IPO shares. And these investors in the Chinese company include top private equity firms Silver Lake, Warburg Pincus and Carlyle Group.
Start using the Billionaire’s Pre-IPO Secret to claim YOUR Pre-IPO shares. Just click here now for my urgent briefing (it’s LIVE today).
This could be the latest move to expand the economic trade war with China.
Most American presidents simply use trade deals and tariffs. Yet Trump has taken the U.S. and China trade war to a whole new level by targeting individual Chinese companies.
In August, Trump announced a ban on
TikTok in the U.S.
The move was designed to encourage the parent company ByteDance to sell off its U.S. operations.
TikTok’s future currently is in flux. The company received a favorable ruling from a federal court judge. Yet the decision is likely going to be appealed by the Trump administration.
Meanwhile, ByteDance is currently finalizing negotiations to sell a stake of TikTok to Oracle (NYSE: ORCL) and Walmart (NYSE: WMT). The deal values TikTok at $60 billion.
This sets the stage for a TikTok IPO in 2021.
Smart investors including billionaires and Silicon Valley venture capital firms aren’t waiting. In fact, they’re already BUYING these Pre-IPO shares BEFORE the deal is done.
Go here ASAP to claim your Pre-IPO shares today.
Yours in Wealth,
Ian Wyatt