Amazing melon. American advertising company AppLovin is suspected of being a money laundering company involved in China's pig killing operations. Yesterday, Capitalwatch released a short selling report on AppLovin, pointing out that the company's major shareholder, Chinese brother and sister Tang Hao, engaged in a "M ö bius ring". Wanwan, let me translate it briefly. This is the traditional money laundering technique: fraud groups buy advertisements on AppLovin, and dirty money becomes "advertising fees" that enter the system. Once it comes out, the money is clean. This is already the 6th short selling report within a year. The accusations are becoming increasingly severe, ranging from "stealing apps to manipulate data" to "involvement in human trafficking, money laundering, and Chinese intelligence agencies". What I would like to add later is that this is a seemingly American company headquartered in Silicon Valley, with Adam Foroughi, an Iranian American CEO. But what short selling institutions are targeting is the 'China relationship' behind it. The major shareholders, Tang Hao and his siblings, are Chinese and hold approximately 15% of the shares through a BVI offshore company. The report stated that they once controlled 28% of the shares before the IPO. But the CEO said in a Fox interview, 'I don't know of any major Chinese shareholders.'. So who is Tang Hao? Tonight, I checked and found out that Tang Hao is a very mysterious Chinese billionaire who has almost no public information, but has become one of the largest shareholders of AppLovin through a complex BVI shell company structure. The bearish report states that he has a CCP background and various gray industry associations. Although continuously shorted, AppLovin's stock price increased by 700% in 2024 and doubled again in 2025. The SEC is already investigating and the financial report for February 11th will be announced. This company is either the next Luckin or the bears need to apologize collectively. Guess it.