Tech Insider: Jack Ma Buys Alibaba Shares, IPhone Takes China Smartphone Crown

00:00

00:00/00:00

Listen to this article 1x

An Apple Store in Hangzhou, East China’s Zhejiang province, on Sept. 27. Photo: VGC

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Jack Ma buys Alibaba in show of support for struggling empire

Alibaba Group Holding Ltd. gained its most in six months on news co-founders Jack Ma and Joseph Tsai bought some $200 million of its shares, offering investors a positive signal amid a market rout.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Asia New Vision Forum Kicks Off in Singapore

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe

00:00

00:00/00:00

MOST POPULAR

1: China, U.S. to Meet in Spain Over TikTok, Trade Disputes

2: Cover Story: Why Modi Won’t Play Cowboys and Indians With Trump, Opting Instead for Strategic Autonomy

3: AI Offers Hope for Growth, but Global ‘Disorder’ Poses Major Risks, Lawrence Summers Says

4: Weekend Long Read: Tycoon’s Eight-Hour Escape Exposes Failings of a Model Chinese Prison

5: Stability, Openness and Inclusiveness Are Key to an ‘Asian Century,’ Singapore Deputy PM Says