---
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id: "ce1fe2ff1bb201856046df96e79411dde0575dbcceef1eb973ed33111d19ebdb"
canonical_url: "https://aidr.today/ce1fe2ff?lang=en"
title: "Jack Ma Buys HK$600 Million Alibaba Shares Following First New Issuance Since 2019"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
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published_at: "2026-08-25T18:52:21.000Z"
category: "Industry"
topics: ["alibaba","funding","infra"]
source_urls: ["https://huggingnews.com/ai/update-jack-ma-buys-hk-600-million-alibaba-shares-following-first-new-is-6f06afd7","https://x.com/pstAsiatech/status/2092223603701952644","https://x.com/Ainvest_Wire/status/2092221844573368720"]
summary: "Alibaba's chairman and chief executive officer joined the founder in purchasing stock to support the company's expanded investment in artificial intelligence. Jack Ma's personal investment of more than HK$600 million signals confidence in the group's full-stack AI capabilities, with the founder buying shares over several days. The insider activity followed a HK$80 billion ($10.2 billion) share placement, the first new issuance since 2019. Alibaba will use 100% of the net proceeds from the raise to fund AI infrastructure and capabilities."
---

# Jack Ma Buys HK$600 Million Alibaba Shares Following First New Issuance Since 2019

> [Open the canonical story](<https://aidr.today/ce1fe2ff?lang=en>)

**Published:** 2026-08-25T18:52:21.000Z
**Category:** Industry
**Topics:** alibaba, funding, infra

## Summary

Alibaba's chairman and chief executive officer joined the founder in purchasing stock to support the company's expanded investment in artificial intelligence\. Jack Ma's personal investment of more than HK$600 million signals confidence in the group's full\-stack AI capabilities, with the founder buying shares over several days\. The insider activity followed a HK$80 billion \($10\.2 billion\) share placement, the first new issuance since 2019\. Alibaba will use 100% of the net proceeds from the raise to fund AI infrastructure and capabilities\.

## Sources

- [Story source](<https://huggingnews.com/ai/update-jack-ma-buys-hk-600-million-alibaba-shares-following-first-new-is-6f06afd7>)
- [Story source](<https://x.com/pstAsiatech/status/2092223603701952644>)
- [Supporting source](<https://x.com/Ainvest_Wire/status/2092221844573368720>)