Alibaba chair buys another 720,000 company HK shares

BEIJING, Aug 25 : Alibaba chairman Joe Tsai purchased another 720,000 Hong Kong-listed shares of the company on Tuesday, two days after the Chinese e-commerce and cloud computing giant launched a heavily discounted HK$80-billion ($10.2 billion) share sale to fund its AI ambitions. Tsai bought the stocks at an average p

Equity issuance follows a strong reception for its latest Qwen 3.8-Max model