頗懷疑這時候放出金融穩定法風聲，是為了接下來的違約潮與更嚴苛的資金管制做準備。前者可能是不認帳或轉移損失，後者可能是將各方面資金限制檯面化降低流動。
"中國銀行央行副行長劉桂平也在3月的1篇文章敦促改革，他指出，中國的金融規則過於分散，可以借鑑美國的《多德—弗蘭克法案》及其他主要經濟體的金融改革經驗。劉桂平認為，中國需要一致的金融穩定法。
劉桂平已向全國人大呈交提案，並建議在條件成熟時盡快出台。但北京威諾律師事務所合夥人Yang Zhaoquan指出，完成這項法案可能得花上3到5年的時間，他稱，由於風險事件接連出現，不僅損害市場，還波及金融及社會穩定性，因此迫切需要更多且強大法律工具。
《彭博》指出，像共產黨這樣執著於「掌控」的政府，在監管金融機構的行為似乎不太一致，一方面是疏忽對華融的監管，導致該公司爆發財務危機，一方面卻又警告像螞蟻集團這樣的公司影響力過大。"
中國巨型企業遭遇國有化威脅的同時, 逃過倒閉潮的倖存小型企業則面臨金流不足的危機.
"Close to 19% of China’s small businesses shut down last year, compared with 6.7% in 2019, according to a study released in March by Tsinghua University involving more than 50,000 companies nationwide."
"While the insolvency rate is expected to be better this year, many companies still face serious cash-flow constraints. A survey of more than 10,000 small businesses released in March by Peking University and Ant Group Co. found that 15% have sufficient cash flow to sustain operations for six months or longer, down from 19% in the third quarter of 2020, though some expect revenue to pick up as the year progresses."
https://www.wsj.com/articles/for-chinas-small-businesses-life-is-still-far-from-normal-11619953204
螞蟻這種鉅企都讓外資股東面臨相當風險了，遑論其他。
"The global investors, which also included private-equity firms, sovereign-wealth funds and pension plans, were on the cusp of reaping a massive windfall last fall. Now, it is far from certain that those investors will end up making a profit and they can’t easily sell their investments until the company revives its plans to go public again, which could be years away. "
螞蟻這隻金雞母被取卵後的損傷統計:
[ For the quarter ended in March, Alibaba’s net loss attributable to ordinary shareholders was 5.5 billion yuan, equivalent to $836 million, compared with a net income of 3.2 billion yuan in the same period a year earlier. Its sales rose 64% to 187.4 billion yuan, equivalent to about $28.6 billion, beating analyst expectations.
In April, China’s State Administration for Market Regulation levied a $2.8 billion fine against Alibaba, equal to 4% of the company’s domestic annual sales. The regulator said its investigation, launched in December, found that the company punished certain merchants who sold goods both on Alibaba and on rival platforms, a practice known as “er xuan yi”—literally, “choose one out of two.”]
外媒注意到了中國監管機構對數據庫應用獲利的壓縮與鼓勵舉報的政策:
"The admonitions have so far stopped short of demanding complete corporate overhauls, other than for Ant. For some companies, placating Chinese authorities is a matter of tweaking some app features, while others could suffer more if much of their profits rely on data collection and sharing, according to employees of five of the app companies targeted by regulators last month."
法院認證的用戶數據外洩:
"《彭博》報導，1家幫助淘寶賣家的營銷顧問公司，其1名員工自2019年以來私下抓取了超過10億個包括用戶名和電話號碼在內的敏感用戶數據，用於為其他客戶提供服務。"
再次以數據為藉口的打擊數位產業:
"On Monday, China’s Cybersecurity Review Office, which falls under the Cyberspace Administration of China, said it launched a data-security probe into the apps Yunmanman, Huochebang and Boss Zhipin. It said the review is aimed at preventing national data security risks, maintaining national security and protecting public interests."
再次證明外資撤離香港是正確決定~
"The Didi probe is the first publicized by China’s Cybersecurity Review Office, a unit under the internet watchdog. According to measures which came into effect a year ago, companies under review should receive initial results within 45 days, except in complicated cases."
"《彭博》報導，根據港府統計處數據，截至今年6月1日，共有254家美企設駐港地區總部，去年同期為282家，相當於年減10％，是自2003年以來最低，當年的數字為242家。
這些數據也顯示出，中國去年起實施的國安法，正影響香港的國際業務，北京正改變香港過往吸引外資的法治體系。與此同時，中國企業駐港總部數量持續上升，年增約6％至252家，直逼美資公司數量，美中企業分別佔總額17.4％、17.3％。"
不管是京股還是港股，表現都慘兮兮...
"《彭博》數據顯示，今年在募資至少1億美元的企業中，其IPO價格在香港平均下跌近20％。相較之下南韓IPO價格平均上漲近40％、印度則是漲32％。
香港市場最初受到低廉資金和充裕現金帶動IPO熱潮，近期逐漸降溫。雖然今年上半年收益年成長飆升130％，但隨後的幾個月內，受到中國對多個產業的打擊，幾乎沒有大筆的交易出現。"
專政之下無兩制:
"其中第13條規定，數據處理者從事以下活動，應當按照官方有關規定，申報網路安全審查：包括匯聚掌握大量有關國家安全、經濟發展、公共利益的數據資源的網路平台營運商，在實施合併、重組、分立時，可能影響國家安全；處理100萬人以上個人資料的數據處理者，赴國外上市時；數據處理者赴香港上市時，可能影響國家安全。
此外，大型聯路平台營運商在境外設立總部或運營中心、研發中心時，應當向中國網信部門和主管部門報告。"
https://news.ltn.com.tw/news/world/paper/1484709