(Bloomberg, Washington) Ma Yun and Cai Chongxin, co -founder of Alibaba, the first giant of Chinese e -commerce, increased their holdings of about 200 million US dollars (about S $ 268 million).It rose nearly 9%, the largest increase in six months.
The New York Times reported on Tuesday (January 23) that Ma Yun and Cai Chongxin bought Alibaba's shares, the company's stock rose nearly 9%.
According to reports, Ma Yun purchased about $ 50 million in Alibaba stocks in the fourth quarter, and Cai Chongxin, chairman of Alibaba Group, purchased about $ 150 million in stocks through his family fund Blue Pool.This means that Ma Yun and Cai Chongxin's stock price fell behind Alibaba from the peak of 2020, and still believed that the company was underestimated.
It is reported that it is unclear whether Jack Ma's actions indicate that his position has reversed over the years, that is, he has gradually sold the company's shares while focusing on his own project.According to the documents submitted last year, Ma Yun disclosed a plan to sell about $ 870 million and 10 million shares on November 21.
In the context of China's weak economic recovery and lack of investor confidence, Alibaba's market value in the past year has fallen by 40 %, was once than by another e-commerce platform.At the time, Ma Yun posted on Aliba.com that the era of artificial intelligence e -commerce has just begun, and it is an opportunity to anyone and challenges. "I believe that Ali will change and Ali will change."
