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?”
Sun was watching CCTV Prime Time News when top CCP leaders gathered at the Great Hall of the People for a meeting with Chinese business executives, including Jack Ma.
“I took a snapshot of President Xi shaking hands with Alibaba’s founder Jack Ma,” the analyst said, adding, “The young man sitting to the right of Pony Ma is DeepSeek founder Mr. Liang WenFeng (born in 1985)” and “The young man sitting to the right of Jack Ma (with 2 people in between them) is the robotics company UniTree’s founder Mr. XingXing WANG (born in 1995).”
Ma was also joined by other private enterprise heads who spoke at the event, including Huawei’s founder Ren Zhengfei, BYD’s founder Wang Chuanfu, New Hope Group’s founder Liu Yonghao, Will Semi’s founder Yu Renrong, and Xiaomi’s founder Lei Jun. […]
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