CCP Reality Check Sp. S3E2 Lufax: one of the CCP’s financial warfare instruments against the U.S.
CCP Reality Check Special Series S3E2
- Lufax is controlled by the CCP from behind through Ping An Group.
- ADR: American Depository Receipt, allows Americans to buy and sell non-US firms’ stocks directly.
- CCP uses all types of ADRs to get money from American people and pension funds directly
- Once vast amount of U.S. money gets into the CCP’s entities in Communist China: the CCP would intentionally bankrupt these ADR-invested firms to stop vast amounts of USD from going back to the US;
- One of Lufax’s functions is to buy off American political families. There are American political families invested in this institution.
- Some of the earliest investors to the Lufax are Krane Funds, Goldman Sachs, Blackstone, Bridgewater, European and U.S. Retirement Funds, Capital Group, Ratan, Baillie Gifford, and UBS.
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