Shares of Alibaba rallied at the sight of Jack Mani

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-Recently a 50 second video clip appeared

-The last two had disappeared for three months

Beijing Friday, January 22, 2021

Jack Mani, one of China's richest businessmen, has recently seen his company Alibaba's share price rise.

Jack Ma, the founder of a world-famous company like Alibaba, has been missing for the past two to three months. He went missing after he criticized the Chinese government in October last year. International media have raised suspicions that the Chinese government has lost Jack Ma. The Chinese government may have eliminated them.

As international media pressure mounted, a fifty-second video clip was recently released by Global Times in which Jack Ma was addressing teachers in rural areas. Jack Ma was heard saying that we would be able to meet face to face once Corona was destroyed. Be patient until then. This video clip suggests that Jack Ma is still alive and well

Jack Manny's video clip rekindled Alibaba shareholders' enthusiasm. Shares of Alibaba Group Holdings Ltd. rose 8.5 per cent to 58 58 billion (approximately Rs 4.2 lakh crore) in a single day.

However, after the 50-second video clip was released on Twitter, many people questioned its authenticity and also questioned when and where the video came from. Alibaba's popularity was seen from this suspicion. However, with just a glimpse of Jack Mani, his share price went up.


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