"Highly Symbolic" Moment: Alibaba's Jack Ma Reemerges, Shakes Xi's Hand As CCP Renews Confidence In China Tech
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Alibaba Group's founder, Jack Ma, vanished from public view in late 2020 after making critical remarks about China's financial regulatory system. He briefly resurfaced in early 2021 during a video call with rural teachers but remained out of the spotlight for several years—until now.
Goldman's Philip Sun penned a note to clients overnight titled "A pic is worth thousands of words. President Xi shook hands with Jack Ma. Buy GS A500 inclusion basket?"