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Jack Ma visit may again boost e-commerce stocks
Shalini Kumar | 03 Nov 2017 00:30
Ma’s visit could spur another round of investor interest in logistics, e-commerce and e-payment counters
With the arrival of Jack Ma, executive chairman of Alibaba Group Hldg Ltd in the country, Bursa market watchers expect a fresh round of interest in stocks related to e-commerce, e-payment solutions and logistics.

Ma’s visit is to witness the launch of the Digital Free Trade Zone (DFTZ) by Prime Minister Datuk Seri Najib Tun Razak. It is set to become the first e-fulfilment hub at KLIA Aeropolis.

The DFTZ’s first phase has already attracted participation from close to 2,000 small and medium-scale enterprises.

It is also expected to draw RM700 mil in investments and 2,500 jobs.