WeChat suspends new user registration for security compliance

Re:WeChat suspends new user registration for security compli... by itake on Tuesday July 27, 2021 @12:00PM (#27973973)

yeah, I wonder if they do it b/c:

1. the og investors cashed out. leaving retail holding the bag.

2. they buy the stock at a discount

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Re:WeChat suspends new user registration for security compli... by paganel on Tuesday July 27, 2021 @12:02PM (#27974004)

Don't think the Chinese government cares about purchasing any Chinese company's stock at a discount, if the need arises they can of course nationalise it almost on the spot.

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Re:WeChat suspends new user registration for security compli... by atatatat on Tuesday July 27, 2021 @12:04PM (#27974037)

Chinese government individuals may, especially lower tier ones.

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Re:WeChat suspends new user registration for security compli... by elliekelly on Tuesday July 27, 2021 @12:03PM (#27974019)

I think they do it because information (and control over that information) is more valuable to them in the long run than whatever economic/financial gains they might sacrifice.

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Re:WeChat suspends new user registration for security compli... by itake on Tuesday July 27, 2021 @01:16PM (#27974925)

They could of added the regulation at a slower pace instead of pulling the plug on everyone.

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