
HONG KONG -- Jack Ma, founder of Chinese e-commerce leader Alibaba Group Holding, surfaced on Wednesday in his first public appearance since a speech in October that led to the suspension of a huge initial public offering for Ant Group, its financial services affiliate.
Alibaba's Hong Kong-listed shares jumped as much as 10.6% during afternoon trading after the video's midday release. The stock closed up 8.5% at HK$265 while other group companies and Chinese tech shares posted strong gains.