Alibaba Denies Founder Jack Ma Is Moving To Hong Kong

By | September 17, 2014

Scalper1 News

China’s Alibaba (BABA), which plans to launch a huge initial public offering on the NYSE this week, took the unusual step Wednesday of denying local news reports that its founder and executive chairman, Jack Ma, is planning to immigrate from mainland China to freer and more politically autonomous Hong Kong. “Jack Ma lives in Hangzhou (city), Zhejiang province … . He is a citizen of the Chinese mainland,” Alibaba said on its official social media Scalper1 News

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