Jack Ma, the founder of the Chinese tech giant Alibabawas appointed honorary professor of Business Studies at a Hong Kong university, the institution announced.
The appointment comes weeks after the billionaire made a rare public appearance in China after its fall from grace since the Chinese government decided two years ago to take back control of the technology industry.
Out of the media
Ma has kept a low profile since the end of 2020, when, following a speech in which he criticized Chinese regulators, Beijing suspended the IPO of Ant Group, a subsidiary of Alibaba.
Subsequently, the authorities imposed a record fine of $2.75 billion on Alibaba for alleged unfair trade practices.
Hong Kong University reported Friday that Ma had agreed to become an honorary professor at its business school.
The professorship is for three years and ends in March 2026, according to local media, but Ma has “no plans to give public lectures or speeches,” according to the South China Morning Post, a Hong Kong-based English-language newspaper owned by Alibaba.(AFP)
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