Is Xi Jinping hounding Alibaba’s Chinese billionaire Jack Ma again?

Chinese billionaire Jack Ma and his company Alibaba are being hounded by Chinese President Xi Jinping again – third time in less than six months.

On Monday, citing the state-run Xinhua News Agency, Nikkei Asia reported that four government agencies had carried out “joint regulatory talks” with Alibaba affiliate Ant Group.

The four were the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange.

Xinhua reported that Pan Gongsheng, one of the central bank’s deputy governors, answered questions from reporters on behalf of the four departments.