Jack Ma is holidaying in Spain, according to two people familiar with his travel plans, marking the Chinese internet tycoon’s first confirmed trip outside China since he upset the country’s financial regulators late last year, the Financial Times reported.
Before travelling to Europe, Ma had been in Hong Kong, where he has a home, according to one of the people familiar with his itinerary, as well as another person with knowledge of his movements, the story said. One of the people said Ma was spending time in Spain on his luxury yacht Zen in Port d’Andratx, Mallorca, according to the report.
Full story: The Financial Times.