BEIJING – Billionaire entrepreneur and *Alibaba *former CEO Jack Ma hasmade his first public appearance on Wednesday after months of disappearance.

Earlier, the disappearance of Jack Ma raised many questions toward Chineseauthorities as he was last seen in October 2020. A video of Jack Ma hasbeen posted on social media, where he can be seen speaking to dozens ofteachers in rural China for an award ceremony.

After the surprise appearance of Jack Ma, the shares of Alibaba rise upmore than 8 percent in a single day.

Ma’s disappearance from public view since October has sparked differentconspiracies about his whereabouts among many media outlets.