Jack Ma Positive on Alibaba, Will Continue to Hold Shares
- Alibaba co-founder Jack Ma is "very positive" about the company and will continue to hold its shares, the South China Morning Post reported on Friday, citing a communiqué from his office.Alibaba shares slipped 2% in morning trading.The comments from Ma's office come a day after a regulatory filing showed that his family trust was set to sell 10 million American Depository Shares of Alibaba Group Holdings, for about $871 million.The phased sale is part of a long-standing "preset conditional pl