Published:

13 oct 2021 01:20 GMT

Amid speculation about his whereabouts, the current visit marks his first trip to the Asian financial center after pressure against him began, according to a Reuters source.

The founder of Chinese e-commerce giant Alibaba Group, Jack Ma, is in Hong Kong and has met with partners in recent days, two sources cited by Reuters report.

The billionaire has been out of the limelight since last October when his critical speech towards China’s financial regulators caused scrutiny by authorities that ended with the cancellation of what was to be the world’s largest public offering for sale, for Ant Group, owned by your company.

Since then, Ma has handled a limited number of public appearances in mainland China. Amid speculation about his whereabouts, the current visit marks his first trip to the financial center Asian after the pressure against him began, according to one of the sources.

Ma, who is ranked 26th on Forbes’ list of billionaires with a fortune of $ 41 billion, has held several business meetings with business partners in the past week, sources confirm.

Alibaba has not responded immediately to a request for comment issued by Reuters during non-business hours.

The tycoon is usually located in the eastern city of Hangzhou, the seat of his business empire. Has at least one luxurious home in Hong Kong, where some of the operations of their companies are also located. Thus, Alibaba is listed on the Hong Kong Stock Exchange.

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