Advertisement
UK markets close in 1 hour 43 minutes
  • FTSE 100

    8,057.74
    +17.36 (+0.22%)
     
  • FTSE 250

    19,598.58
    -120.79 (-0.61%)
     
  • AIM

    753.28
    -1.41 (-0.19%)
     
  • GBP/EUR

    1.1657
    +0.0013 (+0.11%)
     
  • GBP/USD

    1.2473
    +0.0011 (+0.09%)
     
  • Bitcoin GBP

    50,825.05
    -2,144.80 (-4.05%)
     
  • CMC Crypto 200

    1,367.41
    -15.16 (-1.11%)
     
  • S&P 500

    5,005.52
    -66.11 (-1.30%)
     
  • DOW

    37,900.56
    -560.36 (-1.46%)
     
  • CRUDE OIL

    82.60
    -0.21 (-0.25%)
     
  • GOLD FUTURES

    2,330.70
    -7.70 (-0.33%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,857.36
    -231.34 (-1.28%)
     
  • CAC 40

    7,977.70
    -114.16 (-1.41%)
     

Alibaba's Ma in Europe on study tour - SCMP

FILE PHOTO: Alibaba Chairman Jack Ma speaks at VivaTech fair in Paris

(Reuters) - Alibaba Group Holding Ltd founder Jack Ma is in Europe on a study tour, South China Morning Post reported on Tuesday, making it the Chinese billionaire's first trip abroad in over a year.

Ma, who has largely been out of public view since a speech last year in which he publicly criticized China's regulatory system, is in Spain for a study tour on agriculture and technology related to environmental issues, the report said, citing a source familiar with Ma's schedule.

He was in Hong Kong spending "private time" with this family before flying to Europe, according to SCMP, which is owned by Alibaba.

Alibaba was not immediately available for a comment.

ADVERTISEMENT

Ma, a globe-trotter not known to shy away from the limelight, retired as Alibaba's chairman in 2019.

His empire came under heavy scrutiny by Chinese regulators following the speech, that even led to the suspension of Ant Group's $37 billion blockbuster IPO.

(Reporting by Nivedita Balu in Bengaluru)