On May 26, 2023, Xi Jinping (right) and Peng Liyuan prepared to welcome the visiting president of the Democratic Republic of the Congo. (Online screenshot)
[People News] According to overseas media personality Liu Zheng, the Menglong case is nearing resolution, and it has caught the attention of Princess Xi Mingze. The princess is quite upset because the forces behind her are evading accountability while the Xi family is unfairly blamed. To distance herself from this situation, Princess Xi plans to gradually unveil the truth behind the case.
1. Does Xi Mingze lack political ambitions?
Liu Zheng analysed that Menglong has 26 million fans, and if Princess Xi were to oversee the case, it could clarify the truth about Menglong, provide answers to the fans, and garner public support, thus paving the way for her political future. However, Liu claims that the princess is primarily concerned with whether her family's reputation has been harmed and is not interested in whether the Menglong case can be fully clarified.
Recently, there have been rumours that Princess Xi has joined the Central Office and is poised to assume significant power, but Liu Zheng speculates that she does not harbour such ambitions.
So, who will investigate and reveal the truth? Liu Zheng explained that Wang Xiaohong quickly suppressed the case, concluding it as an 'accident,' but secretly dispatched capable aides to uncover the truth. This suggests that Wang Xiaohong possesses concrete evidence, and the influential figure behind this is Cai Qi.
There have long been indications within the Communist Party of a desire to eliminate Cai Qi. In November 2024, the Central Inspection Team, under the guise of investigating Taiwan-related work, gathered corruption evidence against Cai Qi's wife, Lin Chengsheng, who serves as the 'Vice Secretary-General of the Cross-Strait Entrepreneurs Association.' It is rumoured that Lin was taken away for questioning on October 1.
2. The Xi family in the entertainment industry
Liu Zheng disclosed that currently, the only descendant of the Xi family still publicly active in the entertainment industry is Ma Yuanyuan.
Public records indicate that Ma Yuan was born on February 2, 1983, and graduated from the Beijing Film Academy. He is an actor and director in mainland China. His mother is Xi Qianping, the half-sister of Xi Jinping, and his father is Ma Baoshan, a journalist and calligrapher. Liu Zheng claims to be a longtime friend of Ma Baoshan and speaks on his behalf with his permission.
In 2004, Ma Yuan starred in the youth romance drama "Blood-Red Romance," directed by Teng Wenji, where he played Zheng Tong, an intellectual who wears glasses, alongside the well-known actor Liu Ye. However, he is not a prominent actor in mainland China.
Netizens have reported that when Xi Jinping became the leader of the Communist Party, Ma Baoshan sought to benefit from this connection but was turned down. Since then, it has been challenging for Ma Baoshan to meet Xi Jinping. Thus, the truth of Liu Zheng's claims remains to be verified over time.
Additionally, netizens have discovered that there is another member of the Xi family in the entertainment industry, Ke Liming, the son of Xi Jinping's ex-wife. Xi Jinping married Ke Lingling (also known as Ke Xiaoming) in 1979, but they divorced in 1982, with Ke Lingling being born in the same year. Based on the timeline, it is highly probable that the child is Xi Jinping's.
According to a 2010 article in the German magazine "Der Spiegel," which cited U.S. diplomatic cables released by WikiLeaks, it was revealed that Xi Jinping's first marriage was unhappy. He married Ke Lingling, the daughter of former UK ambassador Ke Hua, but they "almost argued day and night" at their home in Beijing, ultimately leading to their divorce, after which Ke Lingling returned to the UK. Thus, after giving birth, Ke Lingling went back to the UK.
The Big Bag Dynasty has revealed that Xi Jinping accepted bribes during his tenure in Fujian, intending to send money to his ex-wife, Ke Lingling, who lives in the UK. This suggests that Ke Lingling has a son with Xi Jinping, and aside from this, there is no reason for Xi Jinping to transfer money to his ex-wife.
Public records indicate that at 21:21 on January 1, 2019, Ke Lingling's father, Ke Hua, passed away in Beijing at the age of 103. Xi Jinping's mother, Qi Xin, and brother, Xi Yuanping, sent wreaths to express their condolences. According to Chinese tradition, Ke Lingling must have some connection to the Xi family, which explains why Qi Xin sent wreaths to her former in-laws.
3. Prince Xi Takes Over Leading Enterprises in Mainland China
Currently, Ke Liming is a prominent producer in the entertainment industry and the head of Ruyi Investment. His first film investment was Zhao Wei's "So Young." Typically, investors need to gain experience for a film to succeed, but Ke Liming made a remarkable entry into the industry, a feat that would be challenging without his royal background.
The films he has invested in since then have mostly been the year's hottest blockbusters, achieving both critical acclaim and box office success. Notably, films like "Hi, Mom" and "Detective Chinatown" were considered surprise hits at the box office that year.
The TV series "Nirvana in Fire," which Ke Liming invested in, is regarded as a classic among young audiences in mainland China. The series primarily depicts "the overlooked concubine and the unloved prince ultimately turning the tables to become winners," raising questions about whether this storyline reflects Ke Liming's own psychological expectations.
More than a month after the release of "Ne Zha 2" in 2025, the film's box office has already surpassed 14.3 billion yuan, gradually approaching the projected box office of 14.796 billion yuan. There are rumours that this film serves as a money-laundering vehicle for high-ranking officials in the Communist Party. Who is involved in the money laundering?
On April 15, 2024, the controlling shareholder of Wanda Film, Beijing Wanda Investment Co., Ltd., was sold to Shanghai Ruyi Investment Management Co., Ltd. The figure behind the company has transitioned from the former 'richest man' Wang Jianlin to the 'capital tycoon' Ke Liming. This change has unfolded a narrative between Wang Jianlin and Ke Liming, aptly titled 'Wanda falls, Liming feasts.'
In July 2023, as a dollar bond from Wanda Commercial Management neared its repayment date, the bond had a principal of 400 million dollars and an interest rate of 6.875%, totaling approximately 2.995 billion yuan. Just one day before the dollar bond's maturity, China Ruyi (0136.HK) announced that its holding subsidiary, Shanghai Ruyi, would acquire 49% of Wanda Investment, which is part of Wanda's portfolio, for 2.262 billion yuan. This amount was insufficient to cover the dollar debt, and it is difficult to envision how the transaction could have been completed without Wang Jianlin having some special leverage that Ke possessed.
Following the completion of the transaction, Shanghai Ruyi would indirectly hold 9.8% of Wanda Film through Wanda Investment, making it the largest external shareholder. Thus, the money laundering associated with 'Ne Zha 2' is likely connected to Ke as well.
In December 2023, Wanda Film announced that Wanda Culture and its wholly-owned subsidiary, along with the actual controller Wang Jianlin, intended to transfer their combined 51% stake in Wanda Investment to Ruyi Investment for a total of 2.155 billion yuan. As a result, Ke Liming acquired 100% of Wanda Investment. Wang Jianlin, who once set a 'small target of one billion,' was compelled to sell assets at a loss, leading to the sentiment that 'being close to the Communist Party leads to a quick demise.'
Ke Liming's good fortune continued beyond that. In 2014, Ru Yi Film and Television, acquired by Zhongji Holdings, made a 'curved entry' into the A-share market, with the acquisition price reaching 1.5 billion yuan, which corresponds to a price-to-earnings ratio of 11.54. This indicated that Ke Liming's company was purchased at a high price, allowing him to profit from the acquisition, while Zhongji struggled after the deal was completed. In 2020, Ke Liming's Ru Yi collaborated with Xu Jiayin, seizing the opportunity to list in Hong Kong.
That same year, Xi Jinping announced the policies of 'homeowners should not speculate' and the 'three red lines.' In September, Evergrande's attempt to go public in Shenzhen through a backdoor listing failed, and in November, commercial bills became overdue. By December 2021, the company faced a debt crisis and entered bankruptcy proceedings.
Before this, Evergrande and Tencent had established Ever Tencent Network. In June 2021, Evergrande transferred 739 million shares of Ever Tencent Network to Ke Liming for a total price of 4.433 billion Hong Kong dollars. Following the transfer, Evergrande's stake in Ever Tencent Network decreased to 37.55%, while Ke Liming's shareholding rose to 20.5%, surpassing Tencent to become the second-largest shareholder.
On November 17, 2021, Ever Tencent Network announced that Evergrande Group had liquidated its holdings in the company. Ke Liming successfully 'borrowed the shell,' replacing Xu Jiayin as the actual controller of Ever Tencent Network. In December 2021, Ever Tencent Network officially changed its name to China Ru Yi. As of January 2025, Ke Liming held an 18.32% stake in China Ru Yi, Tencent's WaterLily held 17.75%, and Sunshine Life held 3.4%. This is yet another tale of 'Evergrande falls, Liming feasts.'
In a bid to drive growth and expansion of its group business, China Ruyi plans to raise over 3.8 billion yuan through a share placement, with Sun Life Insurance increasing its stake. Following the completion of this transaction, Ke Liming's shareholding will decrease to 16.45%, while Tencent's stake through WaterLily will also drop to 15.94%. Sun Life Insurance's shareholding will rise to 7.15%, and TFI Investment will hold 3.07%.
Currently, Ke Liming is focusing on Tencent's gaming sector, having launched six games, including "Chaos in the World", "Legend of the World", "Ragnarok: Love at First Sight", "World Genesis", "Haikyuu!!", and "Red Alert OL". Financial reports show that in the first half of 2024, China Ruyi's gaming business performed robustly, with online gaming service revenue reaching 870 million yuan, accounting for over 47% of total revenue.
Simultaneously, Ke Liming's gaming business is continuously expanding. In May 2024, Ruyi Jingxiu acquired the game development company "Youai Huyu", which is controlled by TIKTOK, for 259 million yuan. The core asset of Youai Huyu is the game "Red Alert OL", which is based on the popular single-player game "Command & Conquer: Red Alert" developed by the American company Electronic Arts.
It is not difficult to foresee that Tencent and TIKTOK may be the next to face challenges. With TIKTOK's American operations now sold to a U.S. entity, it is likely that Ke Liming will seize the opportunity to expand his business footprint into the United States.
(People News First Release)
△
News magazine bootstrap themes!
I like this themes, fast loading and look profesional
Thank you Carlos!
You're welcome!
Please support me with give positive rating!
Yes Sure!