$Alibaba (BABA.US)$’s share price surged as much as 5.5% after news that Jack Ma has returned to China after more than a year abroad to visit a school he founded in his hometown of Hangzhou - signaling an ease of tension between the government and the country’s tech tycoon.
In the past two years, China has faced weak economic growth due to regulatory clampdown and its now-scappred zero-Covid policy, but his return is largely symbolic as allowing him back into the fold cou...