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Miguel Cordon · · 1 min readReport: Jack Ma makes rare appearance at Alibaba’s headquarters
“Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus on Monday during the ecommerce giant’s annual ‘Ali Day’ staff and family event,” Reuters reported.
Details:
- The star entrepreneur was photographed in an open-air campus shuttle bus with Alibaba executives.
- Ma most recently surfaced in January this year, when he spoke to a group of teachers. The appearance sent Alibaba’s stock up by over 4%.
Context:
- Ma has been keeping a low profile since his speech in October last year, where he criticized financial regulators in China.
- Following his speech last year, Ant Group’s US$37 billion IPO was halted by the market regulator just two days before its listing on the Shanghai exchange.
Editing by Collin Furtado and Jaclyn Tiu
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