Jack Ma could be your new next-door neighbor.
The Alibaba founder and chairman is expected to receive Hong Kong residency any time soon under the government’s quality migrant admission scheme, Skypost reported Wednesday.
Ma applied for residency in 2008, two years after the government announced the points-based immigration program.
On Monday, Ma famously declared “I love Hong Kong” during a roadshow in Hong Kong for Alibaba’s upcoming initial public offering in the United States.
The e-commerce giant had initially sought a Hong Kong listing but pulled the plan over regulatory issues.
Nevertheless, Ma has not ruled out an Alibaba fundraising in Hong Kong in the future.
Ma hopes to enjoy his twilight years in the Hong Kong, saying he has bought properties in the city, according to 21st Century Business Herald.
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