Shares of the largest meal delivery company MEITUAN cheaper cheaper after publishing its director of the ancient poem of the Tang dynasty, writes “BBC.”
On the weekend, the head of the technological giant and the billionaire Van Sin Published in the Chinese analogue Twitter – the social network Fanfou post with a poem, which is more than 1000 years. According to the plot of the poem, the merciless emperor Qin Shi Juan killed the disagreements with him, Confucianians, burned their books. Beijing’s authorities interpreted the post Wang Sina as criticized in their address, and investors – as a billionaire response for the tyranny measures of the Chinese regulator to domestic Internet giants.
After deleting the post on May 9, Van Sin explained that it was refusal to competitors of the company, and not to the leadership of the country. However, the collapse of stock quotations by morning was 14 percent.
Meituan – the second value of the company in the PRC, its market value is about $ 220 billion. She became one of the defendants of the antitrust investigation, which began with the ban on the IPO of the subsidiary of Alibaba – Ant Group. In April, Alibaba was fined on a record 2.8 billion dollars for abuse of their position in the market, measures to limit the business of high-tech companies from the government of China continue.