ExclusiveJack Ma’s office says he remains ‘very positive’ about Alibaba and clarifies that he will continue to hold the tech giant’s shares

Jack Ma, the founder of Alibaba Group, remains optimistic about the tech giant's future. Although he retired as chairman in 2019, he still holds a significant stake in the company through his family trust. Recently, there was concern when his investment firms announced plans to sell $870 million worth of Alibaba shares. However, Ma's office clarified that this sale is part of a pre-arranged plan from August and does not mean he's selling his shares right now. They believe Alibaba's stock is undervalued and Ma will continue to hold onto his shares. nnAlibaba's stock dropped by nearly 10% in Hong Kong after the company decided not to fully separate its cloud computing division, despite a revenue increase. Jack Ma has been active since his retirement, traveling and engaging in educational activities. He visited an agricultural university in the Netherlands and became an honorary professor at the University of Hong Kong, focusing on finance, agriculture, and innovation. Ma, who was an English teacher before founding Alibaba, has been recognized by the University of Hong Kong and the University of Tokyo for his contributions to education and business.