At this year’s World Artificial Intelligence Conference (WAIC) in Shanghai, Alibaba Group Holding founder Jack Ma spoke on stage at the opening ceremony. But not in person – he appeared as a holographic projection at the event on July 9, which took place mostly online amid the coronavirus pandemic.
The day after Ma’s speech at the conference, shares for a relatively obscure Chinese company nearly quadrupled in price on the Nasdaq. Alibaba owns the South China Morning Post.
WiMi Hologram Cloud, which began trading in New York on April 1, closed at US$14.63 per American Depositary Share on July 10, compared to US$3.84 the day before. Prices peaked at US$24.74 on July 13 before coming down to US$17.99 on Thursday – still far higher than before the conference.
source https://sg.news.yahoo.com/jack-ma-holographic-appearance-ai-075739469.html