Chinese equities closed higher on China’s border opening, support for the Internet sector

Chinese equities closed higher on China’s border opening, support for the Internet sector

Jan 9 (Reuters) – Chinese stocks rose for the sixth straight session on Monday and Hong Kong’s index jumped to a six-month closing high as the full reopening of the world’s second-largest economy fueled expectations of a robust recovered from the pandemic. Sentiment also improved after the central bank pledged to support the internet sector … Read more

Jack Ma, founder of the Ant Group, relinquishes control of the company Know the details

Jack Ma, founder of the Ant Group, relinquishes control of the company Know the details

he will surrender Jack Ma The founder of Ant Group has taken control of the Chinese fintech giant in a review that seeks to draw a line under a regulatory crackdown launched shortly after disrupting its massive IPO two years ago. And Ant’s $37 billion IPO, which would have been the world’s largest, was canceled … Read more

Jack Ma relinquishes control in Ant Group

Jack Ma relinquishes control in Ant Group

Chinese billionaire Jack Ma has relinquished control of e-commerce giant Alibaba’s payments business, Ant Group. Voting rights will be split between the founder, management and employees, the company announced. The new policy has no consequences for the “economic interests” of shareholders, he says. According to the news agency Reuters But he directly owns 10 percent … Read more

Timeline of Jack Ma Hiding in Japan while avoiding Xi Jinping

Timeline of Jack Ma Hiding in Japan while avoiding Xi Jinping

Jakarta, CNNI Indonesia — Magnate China and founder of the Alibaba Group, Jack Macalled hiding Japan for some time. The timeline of Jack Ma’s “hideout” in Japan began as the Chinese government of Xi Jinping continued to roll out tough measures against companies it deemed disobedient to the rules. ANNOUNCEMENT SCROLL TO RESUME CONTENT China … Read more

Apparently, Jack Ma has been living in Tokyo since he disappeared from China

Apparently, Jack Ma has been living in Tokyo since he disappeared from China

Jakarta – Founder of Alibaba Jack Ma reported to have lived in Tokyo, Japan for nearly six months after disappearing from the public eye following China’s crackdown on the tech sector. The Financial Times (FT) reported it on Wednesday (30/11), citing several anonymous sources. The news agency reports it AFP extensionWednesday (11/30/2022), according to the … Read more

Alibaba Shares ‘Scream’ Over News Jack Ma Arrested By Police

The figure of Jack Ma who has now completely changed

Jakarta – A person with the last name Ma was arrested by the Hangzhou Police, China, earlier this week. The person who was arrested was said to be Jack Mafounder of Chinese e-commerce company Alibaba. Reported from Forbes, Wednesday (4/5/2022), local media CCTV reports, the person whose last name is Ma was arrested on charges … Read more