Jack Ma increases his stake in Alibaba's Hong Kong stocks, with a total exceeding 600 million Hong Kong dollars
According to sources, as Alibaba initiated a placement financing, Alibaba founder Jack Ma has been increasing his holdings in Alibaba's Hong Kong stocks for several consecutive days, with a total exceeding 600 million Hong Kong dollars.
The related increase in holdings is said to express a strong optimism about Alibaba's AI prospects.
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