《南華早報》報導馬雲回國後阿里巴巴跳升

Recently Yahoo News on-line reported the following:

Alibaba Jumps After SCMP Reports Jack Ma Returned to China

Edwin Chan

Mon, March 27, 2023 at 2:48 a.m. PDT

(Bloomberg) -- Alibaba Group Holding Ltd. surged as much as 5.5% before relinquishing all gains in Hong Kong, after news emerged that billionaire co-founder Jack Ma had returned to his home country after more than a year abroad.

The co-founder of Alibaba and fintech affiliate Ant Group Co. visited a school he founded in his hometown of Hangzhou, according to an official WeChat post by the institution. Ma met with teachers and students at a private school he helped establish in 2017, discussing issues from education to ChatGPT AI technology, the South China Morning Post reported earlier. Alibaba’s shares ended Monday largely unchanged.

Ma, one of China’s most recognizable business leaders, all but disappeared from public life after critiquing Chinese regulators in a 2020 public speech in Shanghai.

In the years since, the government has cracked down on sectors from real estate to the internet and online education. While Beijing has said it would support the private sector to revive the economy, the global business community remains skeptical of the Chinese government’s commitment to enterprise that isn’t state-owned.

But as President Xi Jinping consolidates power and refocuses his attention on the economy, the country’s new leadership team wants to develop a business-friendly image.

Chinese authorities made attempts to persuade Ma — who has been traveling outside the mainland — to return and help showcase government support for the business community, Bloomberg News reported. But Ma had chosen to stay overseas, saying he has retreated from his companies to focus on researching agriculture technology, according to people familiar with the situation, who asked not to be named because the matter is private.

“Jack Ma showing up in Hangzhou after more than a year away from China should be positive for market sentiment,” said Vey-Sern Ling, managing director at Union Bancaire Privee. “Some investors may take it as a sign of further regulatory normalization for the tech companies.”

--With assistance from Lulu Yilun Chen and Lin Zhu.

Translation

（彭博社）- 阿里巴巴集團控股有限公司股價飆升 5.5%，之後回吐在香港的所有漲幅，此前有消息稱，億萬富翁聯合創始人馬雲在出國一年多後返回祖國。

根據該機構的官方微信帖子，阿里巴巴和金融科技子公司螞蟻集團公司的聯合創始人參觀了他在家鄉杭州創辦的一所學校。 據《南華早報》早些時候報導，馬雲於 2017 年在他幫助建立的一所私立學校裡會見了師生，討論了從教育到 ChatGPT AI 技術的問題。 阿里巴巴股價週一收盤基本持平。

馬雲是中國最知名的商界領袖之一，在 2020 年上海的一次公開演講中批評中國監管機構後，他幾乎從公開生活中消失了。

從那以後的幾年裡，政府對從房地產到互聯網和在線教育的各個行業進行了打擊。 儘管北京表示將支持私營部門重振經濟，但全球商界仍對中國政府對非國有企業的承諾持懷疑態度。

但隨著習近平主席鞏固權力並將注意力重新集中在經濟上，中國的新領導班子希望塑造親商形象。

據彭博社報導，中國當局試圖說服一直在大陸境外旅行的馬雲返回，並幫助展示政府對商界的支持。 但據知情人士透露，馬雲選擇留在海外，稱他已從公司撤退，專注於研究農業技術。由於此是個人私事，知情人士要求不具名。

Union Bancaire Privee 董事總經理 Vey-Sern Ling 表示： “離開中國一年多後，馬雲現身杭州應該會對市場情緒產生積極影響”; “一些投資者可能將其視為對科技公司監管進一步規範化的跡象。”

              So, Ma returns to China and visits his hometown of Hangzhou. He meets with teachers and students at a private school he helped establish in 2017. It seems that China’s new leadership wants to develop a business-friendly image by putting Ma in focus. I am wondering how far will overseas investors believe that CCP will truly put caring for private investments business interests as a long-term national policy. It is common knowledge that CCP's policy making is top down, and policies can be changed suddenly to meet political needs arise from time to time.