Where is Marwin?
Ma Yun, who is leading Alibaba, is not visible. Since the Shanghai Forum at the end of October last year, it has not appeared in the official statue.
CNBC reported on the 4th (local time) that Ma Yun’s second month’s death, and all sorts of speculations were raging around social media.
Ma Yun strongly criticized Chinese regulators and state-owned banks at the Shanghai Forum last October. Since then, it has not appeared on the official statues.
In particular, doubts are growing while not showing up on the TV show that he recently decided to appear as a judge.
Ma Yun was an example of appearing as a judge on the game show called’African Business Hero’. However, the role was replaced by someone else, the Financial Times said.
The recent move of Chinese regulators has also raised suspicion of Ma Yun’s chipping.
The Financial Times report is more specific.
According to reports, China’s State Market Supervisory and Management Administration summoned Alibaba founder Ma Yun on November 2 and publicly rebuked it. The very next day, the Ant Group IPO, which was valued at $37 billion, was canceled two days before listing.
It didn’t end here. At the end of December last year, the National Market Supervisory and Management Administration launched an antitrust investigation into Alibaba. It is very unusual for Chinese regulators to investigate Alibaba, a leading Internet company.
The General Bureau of Market Supervision and Management explained that a report on Alibaba’s unfair practices was received and investigated. However, foreign media analyzes that it is not unrelated to Ma Yun’s criticism of the Chinese government.
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In such a situation, doubts are growing as Alibaba’s ambitious listing of the fintech subsidiary Ant Group has disappeared.
CNBC reported that some Chinese experts believe Ma Yun may have been instructed to “stay face down”. Alibaba stocks listed on the Hong Kong Stock Exchange fell 2.15% on the 4th.