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Alibaba (BABA) Stock Rises as Jack Ma Buys Over HK$600 Million in Shares

By Trader Edge at 2026-09-24 17:57

Sentiment: Positive

TLDR Alibaba founder Jack Ma purchased more than HK$600 million worth of Hong Kong-listed Alibaba shares over consecutive days. The purchases signal Ma’s confidence in Alibaba’s AI ambitions and long-term growth. Alibaba chairman Joe Tsai and CEO Eddie Wu also bought shares, spending a combined HK$202 million over two days. The buying follows Alibaba’s first [...] The post Alibaba (BABA) Stock Rises as Jack Ma Buys Over HK$600 Million in Shares appeared first on CoinCentral. Continue reading...

Categories: Stocks

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