Jack Ma founder of Alibaba makes his first public appearance since repression on his company

Jack Ma , the e-commerce ( Alibaba ) giant founder emerges after months out of the public eye that has triggered speculation about his whereabouts as his companies face regulatory probe.

The billionaire, Jack Ma had made some comments in October that appeared critical to china’s financial regulator leading to the IPO of Ant Group being pulled.

The billionaire, Jack Ma had made some comments in October that appeared critical to china’s financial regulator leading to the IPO of Ant Group being pulled.

After delivering those comments, Jack Ma had not been seen, leading to speculation that he was missing.

China’s state Administration for market regulation in December had opened an investigation into Alibaba over monopolistic practices.

The country’s capital is also finalizing details of a wide-sweeping anti-monopoly law. Regulators have also asked Ant Group to comply with regulatory requirements.

China is currently trying to pursue new rules on micro lending, which includes provisions such as requirements for technology firms offering loans.

As a part of his charity foundation’s initiative, Jack Ma had addressed rural teachers via live stream during an annual event he hosted.

The foundation of Jack Ma sees that the achievements of rural teachers are awarded with cash support. He also said he’d be spending more time on philanthropy.

A spokesperson from Jack Ma Foundation said.

“Jack Ma participated in the online ceremony of the annual Rural Teacher Initiative event on January 20.”

After Jack Ma’s Reappearance Alibaba’s Hong Kong-listed stock went up by 5% and 11% of the company Ant.

Brock Silvers, The managing director of private equity fund Kaiyuan Capital in Hong Kong said

“Jack Ma’s unexpected re-emergence — just as sudden as his earlier disappearance – is likely a sign that his relationship with Beijing’s regulatory authorities has stabilized,”

“A path acceptable to all parties may have been identified, but Ant Group still looks likely to be dis-aggregated and regulatory restrictions will almost surely take a significant bite out of Ant’s former valuation.”