Alibaba shares leap as Jack Ma spotted in China for first time in more than a year

Chinese businessman seen meeting teachers and students at school founded by his company

File photo: Jack Ma, CEO of Chinese e-commerce giant Alibaba, gestures as he speaks during a visit to Paris in 2019 (AFP via Getty Images)

Alibaba founder Jack Ma has returned to China after more than a year living overseas, according to multiple reports.

The top Chinese entrepreneur visited a school he founded in the city of Hangzhou on Monday, sources aware of the businessman’s schedule said.

Hangzhou is also home to Mr Ma’s multinational conglomerate Alibaba and affiliated financial technology firm Ant Group.