r/shares – A wild Jack Ma has appeared! Alibaba up 9% on HKEX (9988) $BABA

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China’s most recognizable entrepreneur addressed lecturers by way of livestream Wednesday throughout an annual occasion he hosts to acknowledge rural educators, in line with folks conversant in matter. In a video of the occasion circulated on-line, Ma talked about how he’ll spend extra time on philanthropy. The co-founder of Alibaba and Ant didn’t point out his latest run-ins with Beijing throughout his handle, which was first reported in an area weblog. Ant confirmed the authenticity of the video in an electronic mail.

Alibaba’s Hong Kong inventory is up 9% seemingly simply on this information. Does this together with information about Alibaba getting into the EV house, clear the best way for $BABA to blast off? I feel sure. 🚀 🚀 🚀

Supply: https://www.bloomberg.com/news/articles/2021-01-20/jack-ma-emerges-for-first-time-since-crackdown-on-ant-alibaba

edit: $BABA up 7.5% premarket

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