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TexasTowelie

(111,322 posts)
Tue Jun 29, 2021, 10:54 AM Jun 2021

Tuberville owned stock in Chinese firm as candidate

Alabama Republican Senator Tommy Tuberville owned stock in a Chinese company with ties to the Chinese Communist Party during the time he was a Senate candidate.

Tuberville’s financial disclosures for activity in 2020, which he filed June 21 and was first reported on by Business Insider, show he had between $15,001 and $50,000 in Alibaba Group Holding Limited stock put options, which Tuberville reported had a value of between $1,101 and $15,000 and which earned him up to $1,000 in income in 2020.

Alibaba developed the Chinese government’s propaganda app Xuexi Qiangguo, Reuters reported in 2019. Jack Ma, Alibaba’s founder and former chairman, is a member of the Communist Party, according to Reuters and the party’s official paper, The People’s Daily.

Tuberville in May introduced a bill that would prohibit federal Thrift Savings Plan funds from being invested in Chinese companies.

Read more: https://www.alreporter.com/2021/06/28/tuberville-owned-stock-in-chinese-firm-as-candidate-senator-elect/
(Alabama Political Reporter)

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Tuberville owned stock in Chinese firm as candidate (Original Post) TexasTowelie Jun 2021 OP
If it's any consolation, I don't think Jack Ma is a member of the Party in good standing any more... eppur_se_muova Jun 2021 #1
Wonder who his financial advisor is. trof Jul 2021 #2

eppur_se_muova

(36,227 posts)
1. If it's any consolation, I don't think Jack Ma is a member of the Party in good standing any more...
Wed Jun 30, 2021, 12:18 AM
Jun 2021

... in fact, he's all but disappeared after giving a speech critical of the financial leadership.

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