TalibanCoin | The Daily Peel | 9/14/21
Silver Banana goes to...
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Market Snapshot
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Chi-Nah — China is absolutely going off with regulations that would make any freedom-loving U.S citizen sick. In today’s headline, Xi has decided to inconvenience the finances of over 1bn people. Alipay, the global king of financial apps that makes Venmo look smaller than Jack Ma’s chances of living to old age, will likely be ordered by the CCP to split into multiple apps with more specialized services. The “super-app” owned by Ant Group provides financial services for everything under the sun; from unsecured credit facilities, to insurance, wealth management, and everything in between. Now, China thinks they’re doing too much for too many. All signs point to the InsureTech and CreditTech services being separated into distinct entities with outside shareholders, while it is unclear entirely what will remain with Ant Group. Just another example of Jack Ma and the CCP butting heads, but I’m sure he prefers this to "disappearing” again. |
12% Fixed Income Dividend From This Preferred Stock |
Onfolio holdings Inc., a company that buys and grows online businesses, is currently raising $25M from its preferred stock ahead of their upcoming IPO.
The stock comes with a 12% dividend paid via quarterly payments and will be traded alongside their common stock once they complete their public listing.
You can find more here.
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