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Primavera chairman believes Jack Ma 'safe and sound', upbeat on Ant


The chairman of private equity firm Primavera Group, which counts China s Ant Group among its portfolio companies, believes the financial technology giant s founder Jack Ma is safe and sound , and said that he remains optimistic about the company.
The comments by Fred Hu come as Chinese regulators are investigating e-commerce giant Alibaba and its affiliate Ant after abruptly cancelling the latter s initial public offering (IPO) in November last year.
Alibaba founder Jack Ma, who also controls Ant, has not been seen in public since Ant s IPO debacle.
I believe he is safe and sound. He remains an enduring example of a successful entrepreneurship, Hu said in an interview at the Reuters Next conference on Wednesday, without elaborating. ....

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