Zee News The company`s American Depositary Receipts (ADRs) rose more than 5% on Wednesday, following a 8.5% gain in its Hong Kong-listed shares, after founder Ma made his first public appearance since October on Wednesday. Ma had not appeared in public since Oct. 24, when he blasted China`s regulatory system. That set him on a collision course with officials and led to the suspension of a blockbuster $37 billion IPO for Alibaba`s financial technology affiliate Ant Group. https://ift.tt/eA8V8J January 22, 2021 at 10:02AM The company`s American Depositary Receipts (ADRs) rose more than 5% on Wednesday, following a 8.5% gain in its Hong Kong-listed shares, after founder Ma made his first public appearance since October on Wednesday. Ma had not appeared in public since Oct. 24, when he blasted China`s regulatory system. That set him on a collision course with officials and led to the suspension of a blockbuster $37 billion IPO for Alibaba`s financial technology affiliate Ant Group.
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