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Chinese Official Singles Out Jack Ma's Ant Group Amid Fintech Probe Warning — Radio Free Asia

Commentators draw parallels between Ma s disappearance and the kidnapping of banking billionaire Xiao Jianhua from a Hong Kong hotel. ....

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Chinese Billionaire Jack Ma is Nowhere to be Found Keeping a Low Profile

Title: Victor Trammell for Your Black World | Photo by STEPHANIE LECOCQ/EPAFE/REX/Shutterstock
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Alibaba founder Jack Ma not 'missing,' just 'laying low' after drawing ire of Chinese leadership: Report

Updated Jan 06, 2021 | 08:30 IST
Speculation about Alibaba founder Jack Ma s whereabouts intensified when he failed to appear as a judge in the final episode of his own show, Africa s Business Heroes.
Chinese e-commerce billionaire and Alibaba founder Jack Ma. (File photo) | Photo Credit: BCCL
New Delhi: Chinese e-commerce billionaire and Alibaba founder Jack Ma is not missing but is “laying low”.
CNBC’s David Faber reported that Ma is not missing, adding “what I can tell you is that he’s very likely in Hangzhou, where Alibaba is headquartered, and is being less-visible, purposefully.but that doesn’t mean that he’s missing.” ....

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Explained: Why is Chinese billionaire and Alibaba founder Jack Ma 'laying low'?

Explained: Why is Chinese billionaire and Alibaba founder Jack Ma ‘laying low’?
Explained: Why is Chinese billionaire and Alibaba founder Jack Ma ‘laying low’?
Alibaba founder Jack Ma has not made a single public appearance since the end of October. Reports suggest that the Chinese billionaire is currently laying low amid the ongoing conflict between him and the Chinese government.
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Chinese billionaire and Alibaba founder Jack Ma. (Photo: Reuters)
A couple of days ago it was reported that Chinese billionaire and Alibaba founder Jack Ma has not appeared before the public in over two months. Questions were raised about the high-profile Chinese entrepreneur’s whereabouts after he failed to appear for the final episode of an African talent show he created. ....

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Jack Ma's wealth tumbles by $12 billion in 2 months as China seeks to shrink the billionaire's financial empire

Jack Ma s wealth tumbles by $12 billion in 2 months as China seeks to shrink the billionaire s financial empire
[email protected] (Shalini Nagarajan)
© Shu Zhang/Reuters
Alibaba founder Jack Ma. Shu Zhang/Reuters
Alibaba founder Jack Ma s wealth has fallen by $12 billion in just two months, from about $62 billion to $50.9 billion, according to the Bloomberg Billionaires Index.
Ma s net worth has dropped as China tightens rules for the financial technology industry in the country.
Beijing wants more oversight of Ma s financial empire: Ma s Ant Group has reportedly been forced to create a separate holding company for the group s financial operations.
The holding company will be regulated by China s central bank, potentially curbing its ability to expand at the rate it has been in the past few years. ....

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