Jack Ma resurfaced after over two months out of public view while Chinese regulators ruined Ant’s $35 bn IPO, tightened regulations, ordered an overhaul and launched an antitrust probe into Alibaba. Ma participated in an online ceremony of Rural Teacher’s Initiative, his first after Oct 24 when he was last seen in public. While still unclear about where Ma was, Beijing pursued investigations into Ant and Alibaba Group Holding Ltd.