Jack Ma seems to have disappeared again after being swallowed by the Earth after appearing in October 2021. In fact, there was shocking news regarding his fate and caused the shares of his company, Alibaba, to be cut.
Alibaba shares fell about 1.7% after previously falling 9%, after rumors emerged that Jack Ma was being investigated as a suspect in a crime that endangered national security. Is that right?
Chinese state media reported that the security bureau in Hanghzou city was targeting an individual with the surname Ma. He is suspected of using the internet to threaten national security.
As quoted by us from CNBC, he is suspected of recruiting people to spread rumors and hoaxes that have the potential to threaten the integrity of the country. Well, because his last name is Ma, not a few think that the individual in question is Jack Ma.
Moreover, Jack Ma is reportedly being pressured by the Chinese government so that he rarely appears in public. The investigation that is being carried out can also mean that the alleged perpetrator has been arrested by the authorities or has been detained.
But later, it was confirmed that Jack Ma was not the person in question. Reports in the Global Times reported that the perpetrator had a first name with two Chinese characters. While Jack Ma only has one character in his first name. Their professions are also different.
Then, his birth date is in 1985 which means he is much younger than Jack Ma. Jack Ma was born in the city of Hangzhou in September 1964.
Ma, who was born in 1985 in Wezhou of Zhejiang Province, works as a director of hardware research and development at an IT company, according to a report from the Global Times.
Thus, it is certain that Jack Ma is fine. Jack Ma is now impressed that he doesn't really take care of his business. He has also been out of public appearances for a long time since the Xi Jinping administration restricted both his career and his company.
It all started in 2020 where he criticized the financial system in China. Since then, he has not spoken much and his companies Alibaba and Ant Group have been subject to much stricter regulations from the government, including fines.
In October 2021, Jack Ma had time to leave the country, thus breaking speculation that he was not going anywhere. Among other things, he went to Spain and the Netherlands to study agricultural technology there.
Jack Ma's new mission seems to be to help educate rural China as well as farmers, while keeping a low profile. This he specifically wrote in a letter sent to the President of China, Xi Jinping.
"He wrote directly to Xi earlier this year offering to devote his whole life to educating rural people, according to a government source who said the president discussed the letter," Reuters wrote.