Ma was spotted at the Sun Valley Golf Resort, a secluded 27-hole course on the Chinese island of Hainan, reported Bloomberg, putting rumours of Ma's detention to rest

The Shanghai Securities News has conspicuously ignored the name of Jack Ma in its front-page commentary while it lauded other leading businessmen in bringing technology revolution in the country

Jack Ma missing: Reports stated that he has been 'embracing supervision' at an undisclosed location, fuelling speculation that he has been placed under house arrest or has been arrested

Decision to stop Xiami Music service comes days after Ma's Alibaba group announced to fold its financial operations as Chinese regulators stepped up crackdown on Jack Ma's financial technology empire

Ma's disappearance has fuelled speculations that he is either arrested or placed under house arrest. China has a track record of not revealing information on arrests of big personalities, so under 'supervision' could well mean jail

Tongues started wagging when Jack Ma didn't appear in the final episode, aired in November, of his own talent show, 'Africa's Business Heroes', which gives budding African entrepreneurs an opportunity to compete to win $1.5 million

Alibaba co-founder Jack Ma wealth has dwindled to $50.9 billion from a peak of $61.7 billion, making him the 25th richest person in the world, according to the Bloomberg Billionaires Index

The People's Bank of China, the country's central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification plan and an implementation timetable of its business, including its credit, insurance and wealth management services