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Beijing. When Jack Ma appeared on stage at a congress in Shanghai at the end of October, he certainly didn & APOs; t know it would be his last public appearance for the time being. MA, one of China & APOs; s richest men and founder of the online trading giant Ms Ms Alibaba, went to the field against the structures of the Chinese financial system, which he believed to be encrusted.
MA accused the country & APOs; s banks of a & quot; pawnhouse mentality & quot;. "good innovation is not afraid of regulation, but it is afraid of outdated regulations," Ma was quoted. The future should not be regulated & quot; with methods of yesterday & quot;, Ma continued. He's disappeared since then.
No public appointment since the end of October
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As first reported by the British Financial times at the end of December, Ma hasn & APOs; t seen any public appointments since his appearance in Shanghai. Although numerous international media have since taken up the disappearance of the former Chinese flagship entrepreneur, there is still no clear indication of where it might be.
Ms Ms Alibaba did not respond to requests to his founder. Even in China & APOs; s state-controlled media, there is no explanation about Ma & APOs; s fate.
Targeted by the Chinese government
It is clear, however, that the billionaire and Ms Ms Alibaba have been targeted by the Chinese government. This became clear immediately after his fervent speech in October. Only days later, the regulators stopped the IPO of the Ms Ms Alibaba financial subsidiary ANT Group planned for early November with reference to new rules.
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Es hätte der größte Börsengang aller Zeiten werden sollen. Auch an anderer Front geriet Ms Ms Alibaba ins Kreuzfeuer, das nun auch noch wegen unterstellter Monopolvergehen von der chinesischen Kartellbehörde untersucht wird.
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Observers consider it unrealistic for Ma to be held by the security authorities. One scenario that is considered more likely is that the billionaire was advised to keep himself out of the public for the first time.
Thus, the US broadcaster CNBC reported, citing a person familiar with the matter, that Ma had "withdrawn" for the time being. & quot; he has closed his door and thinks about his mistakes, & quot; also says Shanghai & APOs; s independent economist Liu Shengjun.
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Not the first case in China
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Ma would not be the first wealthy entrepreneur to be set up by the authorities in China. In 2015, the disappearance of billionaire Guo Guangchang caused great excitement. Users of social networks had observed at that time how he was taken away by police officers at Shanghai airport. He didn't show up until days later. His holding company Fosun stated at that time that the billionaire had helped the police with suffering in investigations.
Two years later, the investment manager Xiao Jianhua disappeared in a spectacular way. He was abducted from the Hong Kong four season Hotel and taken from there to mainland China. On charges of embezzlement, parts of Xiao & APOs; s tomorrow Group passed into state hands.
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Only last March, real estate entrepreneur Ren Zhiqiang had disappeared after calling China's President Xi Jinping a "clown." Ren was later sentenced to 18 years in prison.
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Auch wenn Ma ein ähnliches Schicksal nach der Überzeugung chinesischer Experten nicht droht: Sein Lebenswerk Ms Ms Alibaba muss sich auf weitere schwere Monate einstellen. Peking will grundsätzlich gegen die immer größere Macht und die monopolistischen Geschäftspraktiken der chinesischen Internet-Giganten vorgehen, meint Beobachter Liu Shengjun, der von einem „Wendepunkt“ für die Branche spricht.
Mit strengeren Regeln und einer ausgeweiteten Kontrolle werden die Konzerne in diesen Tagen daran erinnert, wer in China das Sagen hat. So scheint: An Branchenprimus Ms Ms Alibaba und seinem Gründer Ma wird ein Exempel statuiert.
