Tag: jack maChinese billionaire

Billionaire Alibaba founder Jack Ma reappears in Hong Kong
Business

Billionaire Alibaba founder Jack Ma reappears in Hong Kong

Alibaba Group author Jack Ma, largely out of public view since a nonsupervisory clampdown started on his business conglomerate late last time, is presently in Hong Kong and has met business associates in recent days, two sources told Reuters The Chinese billionaire has been keeping a low profile since delivering a speech in October last time in Shanghai criticising China's fiscal controllers. That started a chain of events that redounded in the shelving of his Ant Group's mega IPO While Ma made a limited number of public appearances in landmass China after that, as enterprise swirled about his whereabouts, one of the sources said the visit marked his first trip to the Asian fiscal mecca since last October. Alibaba didn't incontinently respond to requests for comment outside of its regular ...