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    Jack Ma buys HK$600 million of Alibaba shares, signalling AI confidence: sources

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    Source: South China Morning Post
    Published: 2026-08-25 20:45 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Technology & AI, Business & Economy, Technology
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    Snippet:
    Founder’s HK$600 million personal investment comes as Alibaba chairman and CEO also purchased shares after company’s first issuance since 2019
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