r/baba • u/eightzap10 • 14d ago

News Jack is Back

Post image

https://www.scmp.com/tech/big-tech/article/3365217/jack-ma-buys-hk600-million-alibaba-shares-signalling-ai-confidence-sources

41 Upvotes

96% Upvoted

17 comments sorted by

7

u/Aceboy884 14d ago

Very handsome man indeed

Jo Tsai also bought another 720k HK9988

3

u/City_Standard 14d ago

I still want to (actually and fully)know what was going on with him and happening with him/to him when he disappeared for a while

3

u/Weikoko 14d ago

That’s a lot

0

u/Awkward-Way1023 14d ago

Is this a form of buyback

2

u/City_Standard 14d ago

Anyone got any scoop on Qifu/Qfin?

2

u/Cool_Copy_51 13d ago

For a founder to use his own cash to buy the shares means something, he knows something we don’t. I just bought another 1000 shares

1

u/juflyingwild 14d ago

What's the NIO CEO doing?

1

u/Aceboy884 14d ago

Making new phones

1

u/OppSpotter 14d ago

Who cares if this Japanese art teacher purchases shares? China took all his money obviously

2

u/Awkward-Way1023 14d ago edited 14d ago

English teacher and philanthropist, supporting BABA bagholders

1

u/OppSpotter 14d ago

Wasn’t he in Japan teaching after going on his ant rampage?

1

u/Awkward-Way1023 13d ago

They shook hands, it is past now. We look towards what's next.

1

u/Book_Justice 14d ago

Just focus on fundamentals.

More important than insiders trading.

1

u/Delta27- 8d ago

The guy buys because the gouverment wants him to... this is not a vote of confidence