The process of discussion and the focus on innovation trends will be critical

Jack Ma, the founder of Alibaba, told Hong Kong media in Hangzhou that the 00388-HK chief executive Li's comments on the partner system were "positive", that Alibaba and Hong Kong had previously communicated with each other, that they had great apologies and would learn from them, and that they would now begin to build a good communication base.

He said that Alibaba is very willing to actively and frankly participate in the partnership mechanism, as well as other possible institutional innovation discussions. The outcome of the discussion may not be important, but the process of discussion and the focus on innovation trends will be critical.

Welcome to open discussion on the partner system

Ma Yun met with the Hong Kong Media Exchange Group in Hangzhou today, saying Alibaba will not be listed on the list of companies that do not welcome Alibaba. However, he also said that he was very sorry for the lack of communication between Alibaba and Hong Kong, and was too self-righteous in the past to think that the listing thing was "not too complicated to negotiate personally" and that he knew Hong Kong well. He said he would learn from it and start building a good communication base now. He said he would strive to answer the question of Hong Kong media within three hours in future to avoid misinformation.

On communications with Hong Kong, Mr Ma admits that he has insisted on making partners the chief executive, preferring not to go public if the president is not a partner. However, it is possible to discuss in any way, whether or not to control the candidate chief executive of the board. This, he says, avoids the loss of the company's purpose, such as Yahoo and Apple, to change the president. Mr Ma pointed out that Alibaba's choice of board members and the chief executive is based on very stringent standards, than the election of the chief is also rigorous, because Alibaba's move will affect more than tens of thousands of employees. Moreover, Ali has occupied 5% of the national retail sales, important, business complexity is not outsiders can imagine, so must adhere to the partner system.

As for Li yesterday's comments Ma said that "positive", but also believe that the Hong Kong system and Alibaba advocated by the partnership system is no conflict, "but we do not understand, need time to think." He also welcomed the discussion of the partnership system at any time, and the process was important and the results were unimportant. It is important to understand the mechanism of innovative culture.

If listed in the United States, will not return to Hong Kong

Mr Ma said Alibaba could not be listed until the end of this year, and could not buy back Yahoo's stake at a cheap price, and Alibaba has postponed the listing plan, "I hope Hong Kong people can understand".

For the U.S. listing, he bluntly that most people in the group are more supportive, because Hong Kong investors to Taobao and other Alibaba business know little, and the United States more positive, "perhaps to the U.S. listing is correct", Alibaba listing should choose to prefer and welcome Alibaba place. He did not deny that he had contacted the United States on the listing, but I have not been to, but in technical and legal research and the United States to explore and make progress.

He said he would not be listed in Hong Kong if he had successfully listed in the United States.

Ma said the listing is not important

Ma Yun said that he likes Hong Kong, Alibaba and Li also care about Hong Kong, Alibaba can not be listed, where the listing is not important, the focus is to enable the public to explore innovative culture.

Alibaba also wants to give back to Hong Kong supporters, he said. Although Alibaba now decides not to list in Hong Kong, it will be honored to be invited to discuss the innovation of the Hong Kong system. He agreed that Hong Kong should not make changes to Alibaba or Jack Ma personally.

Mr Ma bluntly expressed his hope that he would spend his old age in Hong Kong and had already bought a house in Hong Kong, so he has to make a contribution to Hong Kong and he does not want to be scolded in the streets of Hong Kong in the future.

For his previous remarks were reported as "Ma Yun and ma teng beyond Li Ka-shing," Ma Yun said today that in fact Li Ka-shing is his idol, he does not think can surpass them, but the times are changing, every era has a symbolic character. But he stressed that in fact, the spirit behind every successful person is to keep innovating, and I believe that the best hope for Li Ka-shing is that this generation can surpass the previous generation.