Alibaba action leaps after announcement of emergence of group founder



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Reuters

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Shares of Chinese e-commerce giant “Alibaba” jumped more than 9% today, Wednesday, after company founder Jack Ma first appeared since last October.

As of 10:00 a.m.Moscow time, Alibaba shares jumped 9.34% to HK $ 267 per share, according to data from the Hong Kong Stock Exchange.

Previously, Chinese sources reported that Jack Ma made a video call today with rural teachers from different parts of the country, putting an end to the rumors that had been raised about the billionaire’s disappearance because she had not appeared in public since the end of last October.

Source: “TASS”



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