Ma alibaba

It was Ma's last major appearance, though, that China tech observers suspect landed his business in hot water. At a conference in Shanghai in late October, Ma publicly criticized Chinese regulators for stifling innovation by being too risk averse.

"What we need is to build a healthy financial system, not systematic financial risks," he said. "To innovate without risks is to kill innovation. There's no innovation without risks in the world."

Where is Jack Ma? Tech tycoon silent as China gets tough with his business

Data form:CNN By Jill Disis and Selina Wang, CNN Business Updated 0807 GMT (1607 HKT) January 5, 2021

https://edition.cnn.com/2021/01/04/tech/jack-ma-alibaba-ant-group-intl-hnk/index.html

  Hong Kong/Tokyo (CNN Business)Jack Ma's businesses are under enormous pressure right now. But the co-founder of China's most successful tech empire and legendary billionaire entrepreneur hasn't been heard from in months.

The trouble started in late October after Ma criticized China's regulators at a conference in Shanghai. As Ma's financial tech firm Ant Group was preparing for the world's largest initial public offering, he accused authorities of stifling innovation and blasted the country's banks for having a "pawn shop" mentality.

https://edition.cnn.com/2021/01/06/tech/jack-ma-china-tech-intl-hnk/index.html

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