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#The Wall Street Journal: Alibaba founder Jack Ma appears in public for first time in months

Ant Group set to get green light for massive Hong Kong listing

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“#The Wall Street Journal: Alibaba founder Jack Ma appears in public for first time in months”

Embattled billionaire Jack Ma made his first public appearance in nearly three months, speaking via a video link at a philanthropic event on Wednesday, according to a Chinese media report.

Spokespersons for the Jack Ma Foundation and Ant Group Co., the financial-technology giant that Ma controls, confirmed the report.

“Jack Ma participated in the online ceremony of the annual Rural Teacher Initiative event on January 20,” the billionaire’s foundation said in a statement to The Wall Street Journal.

Alibaba’s Hong Kong-listed shares
9988,
+9.09%
jumped on the news and were up 6% in Wednesday afternoon trading.

It was the first time Ma appeared in public since Oct. 24, when the founder of Alibaba
BABA,
+3.36%
and controlling shareholder of Ant made a controversial speech at a financial forum in Shanghai, criticizing regulators for stifling financial and technological innovation.

An expanded version of this report appears on WSJ.com.

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