Mas golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a

Author : lahoregreenz
Publish Date : 2021-02-11 07:46:46
Mas golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on Jan. 20. While that appearance helped quiet talk of Ma's detention, speculation about his standing with China's Communist Party has continued to swirl as authorities clamp down on his sprawling business empire.

Ma's golf outing adds to recent evidence that the outspoken entrepreneur has -- for now at least -- avoided nightmare scenarios like jail time or a government seizure of his assets.

Ant, for instance, has reached an agreement with Chinese authorities on a restructuring plan that could be officially announced as soon as this week, Bloomberg reported on Feb. 3, citing people familiar with the matter. The deal is a first step on what could be a long path back to a revival of the fintech behemoth's initial public offering, which was halted by regulators in November just days before Ant was due to start trading in Shanghai and Hong Kong.

Another positive clue emerged this week from SoftBank Group Corp. founder Masayoshi Son, a longtime friend of Ma's who was among the earliest investors in Alibaba. Son said during SoftBank's quarterly earnings presentation on Monday that he has remained in touch with Ma. While he didn't talk about the Chinese billionaire's whereabouts, Son said Ma likes to draw and has been sharing his sketches via chat.

Alibaba shares rose as much as 1.5% in New York on Wednesday, closing at a more than 10-week high.

Representatives for Alibaba, Ant and the Sun Valley Golf Resort declined to comment.

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