Chinese billionaire Jack Ma not missing, just laying low
CNBC's Deirdre Bosa reports on why Chinese billionaire Jack Ma is laying low for the time being. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
After reports speculating about Alibaba founder Jack Ma’s whereabouts, CNBC’s David Faber reported Tuesday that the billionaire is not missing, according to a person familiar with the matter. Instead, Ma has been lying low for the time being, Faber reported.
Outlets including The Wall Street Journal reported this week that Ma has not been seen in public since he spoke at a forum in late October where he appeared to be critical of China’s financial regulators.
Shortly after, Ma’s Ant Group saw its record-setting initial public offering suspended by stock exchanges in Shanghai and Hong Kong. Ma and two Ant Group executives were summoned and interviewed by regulators in China, the China Securities Regulatory Commission said in a November statement.
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Видео Chinese billionaire Jack Ma not missing, just laying low канала CNBC Television
After reports speculating about Alibaba founder Jack Ma’s whereabouts, CNBC’s David Faber reported Tuesday that the billionaire is not missing, according to a person familiar with the matter. Instead, Ma has been lying low for the time being, Faber reported.
Outlets including The Wall Street Journal reported this week that Ma has not been seen in public since he spoke at a forum in late October where he appeared to be critical of China’s financial regulators.
Shortly after, Ma’s Ant Group saw its record-setting initial public offering suspended by stock exchanges in Shanghai and Hong Kong. Ma and two Ant Group executives were summoned and interviewed by regulators in China, the China Securities Regulatory Commission said in a November statement.
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» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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Видео Chinese billionaire Jack Ma not missing, just laying low канала CNBC Television
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