Ma-win appeared after three months of disappearance… Alibaba stock price surge Kang Hyun-woo’s analysis of Chinese stock

Participated in the online event of’Hyangchon Teacher Award’ by Ma-Win
First appearance after public criticism from financial authorities in October last year
Alibaba stock price surged 10% during intraday

Ma Yun revealed after three months of'missing rumors' / Tianmu news capture

Ma Yun revealed after three months of’missing rumors’ / Tianmu news capture

Alibaba’s founder Ma Yun, whose disappearance rumor was raised, appeared in three months. Ma Yun disappeared after giving a speech at the Financial Forum held in Shanghai, China in late October last year.

Zhejiang Tianmu News reported on the 20th that Ma Yun attended the’Ma Yun Hyangchon Teacher Award’ held online on the 20th and gave a video speech to about 100 winners. Ma Yun, a former English teacher in Hangzhou, Zhejiang Province, founded Alibaba, an e-commerce company. Alibaba’s headquarters is also in Hangzhou.

Ma Yun resigned as chairman of Alibaba Group in 2018, but remains the dominant shareholder as the largest shareholder of Ant Group, a fintech subsidiary of the group. The Mawin Public Interest Foundation, a public interest foundation he founded in 2015, hosted an awards ceremony on this day.

In his video speech, Ma Yun said, “I learned and thought with my colleagues these days,” and “We are more committed to education and charity than ever before.” He also said that when the pandemic of the new coronavirus infection (Corona 19) is over, teachers will be invited to Sanya, Hainan Province, a representative resort in China. The Ma Yun Hyangchon Teacher Award was held in Sanya every year until the fourth year of January.

It was only about three months after the Shanghai Bund Summit on October 24 last year that Ma Yun appeared in public. In his speech at the time, he strongly criticized the financial authorities’ conservative oversight policy. The financial authorities summoned Ma Yun and the executives of Ant Group after holding’Wai Tan (reservation interview)’ and rebuked them. Subsequently, on November 3, the listing of Ant Group was halted only two days before the listing date.

Ma Win disappeared from the public appearance, such as getting off the TV program’African Corporate Hero’, which was appearing as a judge afterwards. Amid various speculations in the market, there are reports that he is self-respecting at his Hangzhou home. On the same day, on the report that Ma Yun reappeared, Alibaba’s stock price surged by about 10% on the Hong Kong Stock Exchange.

Beijing = correspondent Kang Hyun-woo [email protected]

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