Alibaba founder Jack Ma appears for the first time since crackdown on his tech empire

GUANGZHOU, China — Alibaba founder Jack Ma has emerged after weeks out of the spotlight, which sparked speculation about his whereabouts as his companies face increased regulatory scrutiny.

Alibaba’s Hong Kong-listed inventory used to be up over 8% on news of his reappearance.

In a video posted on Chinese language social media, Ma addressed rural lecturers as piece of 1 his charity basis’s initiatives. The annual occasion, which is most frequently hosted within the resort city of Sanya, sees the Jack Ma Foundation absorb fun the achievements of rural lecturers who are awarded cash enhance.

“Jack Ma participated in the on-line ceremony of the annual Rural Trainer Initiative

occasion on January 20,” a spokesperson for the Jack Ma Foundation acknowledged.

In October, Ma made some feedback that looked extreme of China’s financial regulator.

It used to be thought to be one of the most causes attributed to Chinese language regulators pulling the trot on what would were a characterize-surroundings initial public offering of Ant Team, the financial technology giant Ma founded.

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