The once-sidelined Alibaba founder was among the executives who met with Xi Jinping, in what was seen as a show of support for private enterprise by Beijing.

The rally in Hong Kong this year has returned US$245 billion to Hong Kong’s market capitalisation as tech leaders soared.

A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks.

The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success in tech.

The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.

Jack Ma's downfall dates back to late 2020 when he delivered a controversial speech criticizing Beijing's strategy to minimize risks in the financial system and traditional banks.It seems that the times in the purgatory of the Chinese tech guru are behind.

China and Hong Kong tech stocks surged after President Xi Jinping's meeting with industry leaders, including Alibaba's Jack Ma, suggesting a policy shift following years of regulatory crackdowns. The Hang Seng Tech Index and key stocks like Alibaba,

It appears that Alibaba founder Jack Ma was golfing at Singapore's Laguna National Golf Resort Club recently. A video shared to Xiaohongshu on Feb. 10 claimed an online user had seen Ma "looking relaxed" while playing golf in Singapore recently.

China has invited prominent entrepreneurs including Alibaba Group Holding Ltd. co-founder Jack Ma to meet the nation’s top leaders, people familiar with the matter said, a potentially momentous show of support for the private sector after years of turmoil.

Hong Kong stocks surged more than three per cent on Friday, in line with a global rally fuelled by relief over the timeline of US President Donald Trump's latest tariffs.

Asian equities ended the week mixed, led higher by Hong Kong, especially Hong Kong-listed growth stocks, while Taiwan underperformed.

(Bloomberg) -- A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after ... the recent surge in equities in Hong Kong, driven by growing capabilities ...