“Jack Ma was already not holding any title in Alibaba. I don’t see this having a major impact on the company’s operations,” said Jian Shi Cortesi, investment director at GAM Investment Management in Zurich. But it will lead “investors to focus more on the company’s development rather than focusing on Jack Ma.”
--With assistance from Dong Cao, Henry Ren, Colum Murphy, Yiqin Shen, Zheng Li and Coco Liu.
This article was provided by Bloomberg News.