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Exclusive | Jack Ma buys HK$600 million of Alibaba shares, signalling AI confidence: sources
Founder’s HK$600 million personal investment comes as Alibaba chairman and CEO also purchased shares after company’s first issuance since 2019.
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Developing | Alibaba to issue HK$80 billion in new shares for global AI push
The Chinese tech giant announced it will issue HK$80 billion in new shares to fully fund its global AI push.
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Alibaba to issue US$10 billion in new shares for global AI push
The Chinese tech giant is expanding beyond retail into chips, cloud and large language models as surging spending weighs on quarterly profits.
