Alibaba Group Holding Limited BABA co-founder jack ma was seen in it Hong Kong for a series of meetings with executives from technology and finance.

What happened: billionaire Ma, who has remained unnoticed ever since China‘s regulatory crackdownhas met with prominent businessmen in the city, according to the Hong Kong Economic Times reportedciting anonymous sources.

A person familiar with the matter told the publication that Ma arrived in Hong Kong a few days ago, but his exact agenda is unclear.

The tech billionaire then kept a low profile Xi Jinping‘s administration, in 2020, singled out Ant Group’s $37 billion IPOwhich triggered a broad regulatory crackdown on Chinese tech giants, including Billions of dollars in fines and regulatory overhauls for Alibaba.

However, since the end of 2022, Ma has gradually resumed the world tour. End of November, He was spotted in Tokyo before making his way to Thailand. Ma also previously visited the United States and Israel, according to the Financial Times.

Earlier this month, the E-commerce billionaire cedes control rights to fintech giant ant group.