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After reports speculating on the fate of Alibaba founder Jack Ma, CNBC’s David Faber reported on Tuesday that the billionaire was not missing, according to a person familiar with the matter. Instead, Ma has been weak for the time being, Faber reported.
Media such as the Wall Street Journal reported this week that Ma has not been seen in public since speaking at a forum in late October where he appeared critical of Chinese financial regulators. .
Soon after, Ma’s Ant Group saw its record-breaking IPO suspended by the Shanghai and Hong Kong stock exchanges. Ma and two Ant Group executives were summoned and questioned by regulators in China, the China Securities Regulatory Commission said in a November statement.
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