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Alibaba's Jack Ma is on his first overseas trip a year after Beijing's started cracking down on his empire, according to reports

Huileng Tan   

Alibaba's Jack Ma is on his first overseas trip a year after Beijing's started cracking down on his empire, according to reports
  • Alibaba founder Jack Ma has traveled out of China for the first time in a year, according to Hong Kong media.
  • Ma is reportedly in Spain where he will embark on a study tour on agriculture and technology related to environmental issues.

Alibaba Group Holding founder Jack Ma has made his first trip out of China in over a year, according to several Hong Kong media sources, including $4 and $4.

The Chinese billionaire was last seen in Hong Kong, where he met with business associates last week, $4

Ma is now in Spain to learn about agriculture and technology related to environmental issues, the $4 citing an unnamed source familiar with Ma's schedule. The SCMP is owned by Alibaba.

Hong Kong magazine $4 reported $4 on his private jet on Saturday.

Ma's recent whereabouts have been the subject of intense speculation. The outspoken teacher-turned-tech titan was once a high-profile jetsetter, who spent around a third of his time traveling abroad in 2018, according to SCMP.

But Ma has been laying low since last October when he gave a speech criticizing China's financial regulatory system. Ma's words $4 prompting intense regulatory scrutiny on his businesses.

Alibaba's fintech spin-off Ant Group, for example, has had its $4 And in December, Chinese regulators launched an antitrust investigation into Alibaba $4.

Ma also $4 from public view for two months before $4 in a video conference in late January.

Alibaba did not immediately respond to Insider's query about Ma's reported trip to Europe, but told the SCMP that Ma is no longer involved in the company's operations. He retired as Alibaba's chairman in 2019.

Alibaba shares in Hong Kong are popping on Wednesday, gaining as much as 9% by midday.

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