For months, speculation over Jack Ma’s whereabouts has run rampant. Maybe the embattled billionaire had fled to Singapore, some posited. Or he had been placed under house arrest. Or worse yet, he was locked up in a high-security jail.
As it turns out, China’s most talked-about tycoon has been working on his golf game.
The co-founder of Ant Group Co. and Alibaba Group Holding Ltd. teed off in recent weeks at the Sun Valley Golf Resort, a secluded 27-hole course on the Chinese island of Hainan, people familiar with the matter said, asking not to be identified discussing private information.