Jack Ma reappears on video after months, and his "creature" Alibaba immediately bounces on the stock market. The founder of the Chinese e-commerce platform, considered the most influential businessman in Asia, had "disappeared from circulation" since the end of October, when he harshly criticized his country's financial authorities during a conference. The clash and above all his subsequent removal from the public scene had caused quite a stir, also because shortly after that appearance, perhaps not by chance, the Chinese Central Bank had denied the stock exchange listing to Ant Group, the other jewel of which Jack Ma, which has long since no longer had operational roles even in Alibaba, still holds the majority.
As a result, Alibaba's stock had lost much of its value in recent months, until today's breakthrough, when Ma reappeared on video, recorded and shown during an education conference hosted by a local blog. The mere fact that he reappeared, even if he didn't talk about his companies or financial issues (and this time he was careful not to criticize the Beijing authorities), caused the share of Alibaba to rebound, which on the Hong Kong Stock Exchange has come to gain over 8%: now we are waiting for the reaction of Wall Street, where the e-commerce giant is also listed. The authenticity of the video, which is very short (less than a minute), has been confirmed by Ant Group. Jack Ma on this occasion recognized the efforts of Xi Jinping's regime to fight poverty: "China has entered a new phase of development and progress towards collective prosperity".
