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Alibaba’s top executives buy US$15m in shares in vote of confidence after AI fundraising

This story is from 2026-08-24. It is preserved in the archive; the latest stories are on the live feed.

The top two executives at Alibaba Group Holding bought a combined HK$120 million (US$15.3 million) worth of the company’s ordinary shares on Monday in a vote of confidence after the tech giant unveiled one of China’s biggest fundraising rounds dedicated to AI. The share placement, the first since A…

Read the full story at South China Morning Post Tech ↗

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  1. 2026-08-24 01:59 · South China Morning Post Tech
    Alibaba’s top executives buy US$15m in shares in vote of confidence after AI fundraising

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