Where Has Jack Ma Been? Playing Golf, Doing Sketches, It Turns Out Where Has Jack Ma Been? Playing Golf, Doing Sketches, It Turns Out As it turns out, China s most talked-about tycoon has been working on his golf game.
Updated: February 11, 2021 12:43 pm IST
It s the first known Jack Ma sighting since he joined a live-streamed video chat with rural educators.
For months, speculation over Jack Ma s whereabouts has run rampant. Maybe the embattled billionaire had fled to Singapore, some posited. Or he had been placed under house arrest. Or worse yet, he was locked up in a high-security jail.
As it turns out, China s most talked-about tycoon has been working on his golf game.
Covid Keeps Workers in Factories, Distorting China Spending
Bloomberg 2/10/2021
(Bloomberg)
For the first time in her life, Zhang Sufang won’t be going home for the Lunar New Year. Instead the 37-year-old production supervisor is exchanging gifts with her parents and 16-year-old son by post as fears of reigniting the pandemic in China disrupt the nation’s biggest holiday.
“When I received boxes from home, I burst into tears,” said Zhang, who works at Fujian Strait Textile Technology Co., a yarn-maker in eastern China.
China may have got its control of Covid down to a handful of new cases per day, but quarantines and travel curbs to keep it that way have forced millions of factory workers to give up the idea of a traditional family gathering. That will distort what is traditionally an annual catalyst for spending, a setback for a government trying to boost the role of consumption in the economy.
Kuok, who is Malaysia’s richest person, controls Kerry Logistics through his family holding company Kerry Group and its Hong Kong-listed real estate arm Kerry Properties Ltd.
HONG KONG: SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal.
The Chinese courier plans to buy a 51.8% stake in Hong Kong-listed Kerry Logistics at HK18.8 per share, according to a joint statement to the Hong Kong stock exchange on Wednesday. Bloomberg News reported last week that SF Holding was exploring a potential investment in the company.