
Chinese business magnate Jack Ma is not missing but is “laying low” at present after telling off Chinese government regulators, CNBC reported on Tuesday.
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CNBC's David Faber reported that Ma hasn't been "captured" or "taken," but is instead being less visible on purpose and is likely in Hangzhou, where Alibaba is based.
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Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire.
China’s highest-profile entrepreneur had not appeared in a public setting since a late October forum in Shanghai where he blasted China’s regulatory system in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba’s Ant Group fintech arm.
While news coverage of Ma’s absence from public view triggered speculation on Twitter, which is blocked in China, it was not a significant trending topic on social media in mainland China, where sensitive topics are subject to censorship.
(With inputs from agencies)