EconomyAlibaba’s top executives buy US$15 million in shares after AI fundraising
Alibaba’s two top executives bought a combined HK$120 million (US$15.3 million) of the company’s ordinary shares on Monday, signaling confidence after the tech giant announced one of China’s largest AI-focused fundraising rounds. The placement was reportedly oversubscribed three times amid strong investor sentiment.
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South China Morning Post★★☆☆☆2026-08-24 01:59Original
Alibaba’s top executives buy US$15 million in shares after AI fundraising
Economy