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Alibaba boss Jack Ma urges Hong Kong youth to ‘think clearly’ about what they will lose if they cut ties with China

Addressing students at the University of Macau, Jack Ma says young people should consider what they really want and what they stand to lose

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Jack Ma at the Macau inauguration of the General Association of Zhejiang Entrepreneurs. Photo: Edward Wong
Jeffie Lam

Alibaba boss Jack Ma has urged Hong Kong youths who want to cut ties with China to think clearly about what they are asking for and what they stand to lose.

The executive chairman of Alibaba Group, which owns the Post, weighed in on the rise of localist sentiment in Hong Kong while speaking to university students in Macau on Monday.

“Everybody has their own choice … I think these young people should really think clearly what they want and what they will give up,” he said. “Some years later they will understand.”

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Young people should also “think of their roots”, he added.

On a separate note, the e-commerce tycoon expressed his hope to list Ant Financial Services, an Alibaba affiliate, in Hong Kong. Founded in 2014, the company, which operates Alipay, currently provides a platform for online payment, insurance and wealth management services that support the Alibaba empire.

You should really pay a visit to the mainland when there is chance
Alibaba boss Jack Ma

Ma, who also chairs the General Association of Zhejiang Entrepreneurs, was in the casino city for the inauguration of the association’s Macau chapter.

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