Jack Ma Pops Up Again, Easing Fears Surrounding His Disappearance
Investors in Alibaba (NYSE: BABA) can finally exhale. Although analysts had assumed founder and chairman Jack Ma was simply keeping a low profile and had not been "disappeared" for criticizing Chinese regulators, it was only recently that the billionaire businessman resurfaced in a video address to one of his charity foundation's programs.
It was the first time in weeks that Ma had been seen. And now, a spokesman said he participated in the online ceremony of the annual Rural Teacher Initiative event that was held today. Alibaba's stock jumped 5% on Hong Kong exchanges on the news.
Image source: Alibaba.
Source Fool.com
