"Highly Symbolic" Moment: Alibaba's Jack Ma Reemerges, Shakes Xi's Hand As CCP Renews Confidence In China Tech
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?"