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The Latest Breaking News from Jack Ma

Chinese billionaire Bao Fan goes missing, the latest in a string of high-profile disappearances

The well-known deal-maker's disappearance is the latest in a series of cases of high-profile Chinese executives going missing with little explanation.

ABC News

Weekly Must-Read: The Vision of Singapore’s Next Prime Minister

Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

Caixin Global

Chill pervades China's tech firms even as crackdown eases

A grinding crackdown that wiped billions of dollars of value off Chinese technology companies is easing, but the once-freewheeling industry is bracing for much slower growth ahead

The Independent UK

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Jack Ma Meeting Rumor Sends Stock of Thai Giant’s Unit Soaring

CP Group subsidiary Chia Tai Enterprises traded at HK$6.98 at one point on Wednesday, more than eightfold Monday’s opening price

Caixin Global

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry

Caixin Global

Shanghai Composite Index Rose 0.14% on Monday

Shenzhen Component Index closed up 0.98%

Caixin Global

China to take ‘golden shares’ in tech firms Alibaba and Tencent

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

The Guardian - UK

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Weekly Must-Read: China Wraps Up Two-Year Tech Crackdown

Central bank and banking regulator’s Guo Shuqing sends first signal that sector led by Alibaba, Tencent, Didi and Meituan may finally be off the hook

Caixin Global

Beijing seen shifting stance over control over major IT companies

BEIJING -- The Chinese Communist Party and the government is increasingly believed to be loosening its tight controls on the country's major IT firms, such as Alibaba Group Holding Ltd.

The Japan News/Yomiuri

China billionaire gives up control of Ant Group

One of China's richest men Jack Ma will give up control of the company he founded after a regulatory crackdown. Mr Ma, who started online marketplace

The New Daily

China's Ant Group says founder Jack Ma will give up control

Leading Chinese financial technology provider Ant Group has announced that its founder, e-commerce billionaire Jack Ma, will give up control of the company

The Independent UK

Billionaire Jack Ma to cede control of China’s Ant Group

Business magnate Jack Ma who controlled over 50 percent of the fintech giant’s shares will now hold just 6.2 percent.

Al Jazeera

Billionaire Jack Ma chills in Bangkok

Billionaire Alibaba founder Jack Ma has been chilling in Bangkok this week amid reports that he is taking more steps to scale back his personal involvement with his online empire.

Bangkok Post

Tao Huabi's Lao Gan Ma chilli sauce is a beloved household staple but will her Chinese success story continue?

For decades, Tao Huabi's Lao Gan Ma chilli crisp sauce has dominated China's spicy sauce market but, now, a cloud of competition is looming over her chilli empire.

ABC News

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Bangkok Post

Alibaba's free trade hub in Thailand begins trial operation

A free-trade-zone project in Thailand, launched in 2018 by Alibaba Group Holding while company founder Jack Ma was still CEO, has finally started trial operation.

Bangkok Post

Jack Ma reported living in Japan after China tech crackdown

TOKYO: Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

The Guardian - UK

Alibaba founder Jack Ma hiding out in Tokyo, reports say

Billionaire rarely seen in public since criticising attitude of China’s regulators towards tech firms in 2020

Benzinga

US Sanctions Make It Crucial For President Xi Jinping To Bring Back Jack Ma: Bloomberg Opinion

China's tech moguls have been walking on eggshells, Bloomberg reported. Alibaba Group Holding Limited&n

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Reuters

China's super-rich see fortunes plunge as economy slows

China's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing's zero-COVID measures and falling mainland and Hong Kong stock markets pummelled fortunes, an annual rich list said on Tuesday.

Financial Times

What the eclipse of Tencent by a liquor company says about Xi’s China

Kweichow Moutai has overtaken the tech group in market capitalisation thanks to the whims of one man

Bangkok Post

Lazada ready for push into Europe

Lazada is preparing to make its first foray into Europe, building on the success of the Alibaba-owned e-commerce platform in Southeast Asia, as it seeks to take on rivals such as Amazon.com and Zalando.

The Guardian - UK

Chris Xu: Who is Shein’s mysterious billionaire founder?

Very little is known about China’s king of fast fashion who has rapidly become one its richest men

Benzinga

Alibaba Stock Plummets As Chinese Regulators Pressure Jack Ma To Cede Control Of Ant Financial

Alibaba Group Holding Ltd - ADR (NYSE: BABA) finished a news-packed week on a low note Friday and was down about 9.5% following reports that billionaire Jack Ma is giving up control of Ant Financial.

Benzinga

Benzinga Before The Bell: Apple's Strong China Revenue, Amazon's EV Partnership, Jack Ma To Cede Control Of Ant Financial And Other Top Financial Stories Friday, July 29

Reuters Tencent’s Overseas Ambitions Face Resistance From India

Bangkok Post

Jack Ma gives up power, escapes Beijing’s crosshairs

Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.

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