If this EO holds water, it's time to short Apple. You can not live in China without Wechat or Tencent services. We're in very bad times, I don't think people understand the potential fallout of this. Tencent in China is not just like Google in the US, Wechat is everything, it's health status verification, official applets, it's how you take public transportation, order food, pay for things online, pay your phone bill, pay for everything (I haven't used cash in China for years, many people won't even take cash anymore because they wouldn't be able to make change), it's even how you pay tax and make customs declarations when importing a package from overseas. Without Wechat, there are cases where you literally wouldn't be able receive a package shipped from the US. That's not even 5% of what Wechat is used for -- it's tied into everything.

Tik Tok is bigger than Twitter with over 100 million US users, that alone is enough to upset a lot of people just before the election, but at least there is some potential way forward with Microsoft. But sanctioning Tencent makes the action against Tik Tok look like an afterthought. This could be very bad.

If this EO holds water, it's time to short Apple. You can not live in China without Wechat or Tencent services. We're in very bad times, I don't think people understand the potential fallout of this. Tencent in China is not just like Google in the US, Wechat is everything, it's health status verification, official applets, it's how you take public transportation, order food, pay for things online, pay your phone bill, check your medical records online, it's even how you pay tax when importing a package from overseas. Without Wechat, there are cases where you literally wouldn't be able receive a package shipped from the US. That's not even 5%.

Tik Tok is bigger than Twitter with over 100 million US users, that alone is enough to upset a lot of people just before the election, but at least there is some potential way forward with Microsoft. But sanctioning Tencent makes the action against Tik Tok look like an afterthought. This could be very bad.

If this EO holds water, it's time to short Apple. You can not live in China without Wechat or Tencent services. We're in very bad times, I don't think people understand the potential fallout of this. Tencent in China is not just like Google in the US, Wechat is everything, it's health status verification, official applets, it's how you take public transportation, order food, pay for things online, pay your phone bill, it's even how you pay tax when importing a package from overseas. Without Wechat, there are cases where you literally wouldn't be able receive a package shipped from the US. That's not even 5%.

Tik Tok is bigger than Twitter with over 100 million US users, that alone is enough to upset a lot of people just before the election, but at least there is some potential way forward with Microsoft. But sanctioning Tencent makes the action against Tik Tok look like an afterthought. This could be very bad.

If this EO holds water, it's time to short Apple. You can not live in China without Wechat or Tencent services. We're in very bad times, I don't think people understand the potential fallout of this. Tik Tok is bigger than Twitter with over 100 million US users, and sanctioning Tencent makes the action against Tik Tok look like an afterthought. This could be very bad.