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Jack Ma
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Jack Ma

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Jack Ma
Jack Ma
Jack Ma Yun, born in 1964, is a famous Chinese Internet entrepreneur and founder of Alibaba, Taobao and Alipay, three of China's leading e-commerce firms.
Born
10 Sep 1964
Industry
Technology, Business
Job Title
Businessman
A military honour guard rehearses with the US and Chinese flags at the White House in preparation for Chinese President Xi Jinping’s state visit. Photo: Reuters
2026 Xi-Trump summits

Exclusive | Split on US investments stalls Chinese business visit alongside Xi, sources say

With the window for travel narrowing by the hour, uncertainty surrounds the inclusion of corporate leaders in China’s delegation.

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China’s private sector

Top French Design Award given to €20 uniform design for China’s delivery drivers

Tung Chee-hwa

‘In hard times, your honour shines’: Jack Ma pays tribute to Tung Chee-hwa

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Tung Chee-hwa

Alibaba mourns former independent director Tung Chee-hwa, hails his global vision

E-commerce giant pays tribute to Hong Kong’s first leader for helping the company stay rooted in country while expanding internationally.

Alibaba has mourned the death of former independent director Tung Chee-hwa, hailing his global perspective and contribution to the company’s development. Photo: Sam Tsang
IPO

China’s AI ‘little giant’ Yunxi Technology files for Hong Kong IPO: sources

The confidential filing could see the hi-tech provider listed in Hong Kong by year-end.

Hong Kong stock market

Bitcoin rally and Alibaba share purchases: the numbers moving markets

Alibaba shares, bitcoin, Hong Kong second-hand home prices and Shein’s IPO plans in spotlight this week.

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SCMP Highlights

US visa interviews on hold; China slams fresh sanctions over Iran: 7 highlights

From catastrophic flash floods at the China-Nepal border to a sacked Malaysian academic, here are top stories from SCMP’s recent reporting.

What does the pause on US green card and visa interviews mean for applicants worldwide? Photo: Getty Images
Alibaba

Exclusive | Jack Ma buys HK$600 million of Alibaba shares, signalling AI confidence: sources

Founder’s HK$600 million personal investment comes as Alibaba chairman and CEO also purchased shares after company’s first issuance since 2019.

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US-China tech war

Nvidia’s future challenger? Chinese start-up reveals aggressive AI chip road map

As US sanctions block access to advanced lithography, a Shanghai-based firm bets on chip redesign, 3D memory stacking to break bottlenecks.

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Semiconductors

Chinese AI chip start-up bets on 3D stacking to bypass US controls

Dongfang Suanxin is headed by Wei Shaojun, who is also vice-president of the China Semiconductor Industry Association.

A new Chinese AI chip start-up is betting on 3D stacking to bypass US tech export controls. Photo: Shutterstock Images
China’s private sector

Will share buy-backs help Chinese big tech companies rescue battered valuations?

Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.

Chinese tech giants including Tencent, Alibaba, Meituan and Xiaomi have launched aggressive share buy-back plans to win back the confidence of investors in Hong Kong. Photo: Jelly Tse
Artificial intelligence

Hard work and endurance: what Alibaba’s team-building says about its AI drive

Jack Ma and executives plant rice seedlings in a symbolic retreat signalling resilience as Alibaba doubles down on AI.

United States

Open Questions | Economist James Heckman on the value of risk-taking, and China’s ‘common goal’

He also discusses the economic outlook, youth unemployment and whether the country can overtake the US in science and tech.

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Alibaba

Alibaba elevates tech chief Wu Zeming to elite committee amid AI push

Wu joins Jack Ma and Joe Tsai in committee of five overseeing group that steers company’s strategy.

A visitor walks in front of an Alibaba booth during the China International Supply Chain Expo in Beijing on July 18, 2025. Photo: AP Photo
IPO

Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut

Nvidia supplier raises US$2.6 billion in its IPO as investors rush to cash in on the AI infrastructure boom.

Factory of Nvidia supplier Victory Giant Technology. Photo: Handout
Artificial intelligence

Jack Ma, Alibaba leaders call for education overhaul in the age of AI

Time spent memorising textbooks could be freed up to cultivate creativity and imagination, according to Ma, the founder of Alibaba.

US-China relations

China’s extreme 996 work schedule meets US tech’s hustle culture

Why advocates believe 996, the controversial 9am to 9pm, six-day-a-week culture popularised in China, can give American firms decisive edge.

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Artificial intelligence

‘Teach our children well’: Jack Ma urges changes to China’s education in AI era

China’s educators must teach students to ask thousands of good questions, rather than give the same correct answer, Ma says.

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Alibaba Group Holding founder Jack Ma speaks to Chinese rural teachers in a video conference call on Monday. Photo: Jack Ma Foundation
Semiconductors

Jack Ma-backed YF Capital takes stake in Shanghai memory chipmaker InnoStar

A YF Capital affiliate has taken a 2.1 per cent stake in InnoStar Semiconductor, making it the chipmaker’s 14th largest shareholder.

Hong Kong property

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

The two three-storey units at 6 Deep Water Bay Road fetched HK$147,010 per square foot, the highest since HK$150,000 for a 2015 deal.

China-Africa relations

Entrepreneurs vie for Africa’s Business Heroes titles in start-up bonanza

Record 32,000 applications from 54 nations vie for seventh Africa’s Business Heroes awards to recognise 100 start-ups over 10 years.

A record 32,000 entrepreneurs applied for the 7th Africa’s Business Heroes competition in Kigali, Rwanda, on December 13, 2025. Photo: Handout
Artificial intelligence

Alibaba names AI-lab leader Zhou Jingren as new group partner

He will join the 17-member Alibaba Partnership, which steers the company’s course and includes co-founders Jack Ma and Joe Tsai.

Alibaba’s Zhou Jingren speaks during a summit in Hong Kong on November 13, 2023. Photo: May Tse
Hong Kong’s Tai Po fire tragedy

Editorial | Community effort needed to help survivors and those who lost loved ones in fire

Along with support from Beijing and the local government, all Hongkongers must quickly unite and help in any way they can.

Alibaba

Jack Ma Foundation pledges US$4 million for Hong Kong fire victims

The foundation extends its condolences to the victims’ families and praises the bravery of the firefighters and emergency personnel.

Artificial intelligence

Ant Group’s vibe coding app hits 1 million downloads in just 4 days

LingGuang, an AI app that generates custom software applications, sees a surge in popularity.

Ant Group’s logo seen at the fintech giant’s headquarters in Hangzhou, in eastern Zhejiang province. Photo: Shutterstock
Ant Group

Alibaba founder Jack Ma visits Ant Group as fintech giant ramps up AI efforts

Ma’s visit marks almost a year since he publicly endorsed Ant Group’s AI initiatives during the firm’s 20th anniversary.

Jack Ma, wearing a white cap, walks alongside Ant Group chairman Eric Jing Xiandong (left) and CEO Cyril Han Xinyi at the fintech giant’s campus in Hangzhou. Photo: Handout
Alibaba

‘Extreme fear’: bitcoin crash hits Hong Kong-listed firms tied to digital assets

Bitcoin dives below US$90,000, impacting firms that had boosted their shares by rolling out various digital asset strategies.

Ant Group

Ant Group affiliate OceanBase uses Hong Kong as hub to challenge Oracle

Oracle remains the world’s top database provider, but OceanBase has an infrastructure better suited for AI workloads, CEO says.

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