While the mystery continues about where Jack Ma, the founder of the Chinese giant Alibaba disappeared from the public scene for about two months, a positive signal arrives: evidently the Asian tycoon, who nevertheless in the creature he founded he no longer has any operational role, is perfectly fine given that Alibaba's stock today, on a flat day on the markets and after weeks of decline, is gaining on the stock market. Since Ma's last public appearance, dated October 24, the e-commerce group's stock had done nothing but lose share, eventually losing a third of its value on the list.
And it does not seem a coincidence that on the occasion of the famous conference organized in Shanghai, Jack Ma criticized the Chinese financial regulators for their obsession with risks, a noose around the neck for innovation, and traditional banks for the mentality of “ pawnshop". Since then the entrepreneur has not been seen since, Alibaba has lost value and above all it has arrived the blow of the quotation denied to Ant Group, of which Ma still controls the majority. A few days later, the Chinese Central Bank effectively ordered the company to abandon "unhealthy" and "illegal" businesses such as online loans, where it made a large part of its profits, and go back to its origins, that is, to dedicate itself only to the payment platform Alipay, one of the digital purses of the Chinese.
This is why Ma's "disappearance" could only be a sort of defilement for disciplinary reasons, to calm the waters in the difficult relations with the authorities of his country. So the founder of Alibaba, who is still the richest and arguably the most influential man in China, took a period of silence.
