[{"_1":2,"_79":-5,"_80":-5},"loaderData",{"_3":4,"_6":7},"root",{"_5":-5},"user","routes/tag.$slug",{"_8":9,"_69":70,"_76":28,"_77":61,"_78":61},"posts",[10],{"_11":12,"_13":14,"_15":16,"_17":18,"_19":20,"_21":22,"_23":24,"_25":26,"_27":28,"_29":30,"_31":32,"_33":34,"_35":-5,"_36":37,"_38":39,"_49":50,"_62":63,"_64":65,"_66":67,"_68":32},"documentId","b9742a7c8ucrgddptbwn16zi","title","Alibaba Confirms Major Share Accumulation by Jack Ma and Blue Pool Fund, Stock Soars","slug","alibaba-confirms-major-share-accumulation-by-jack-ma-and-blue-pool-fund-stock-soars","excerpt","Alibaba has been one of the Chinese internet companies that has been most aggressively repurchasing its shares in the past year. ","content","\n

In a recent 13F filing on the U.S. Securities and Exchange Commission's website, it was revealed that Blue Pool, the family fund of Tsai Chung-hsin, has augmented its holdings of Alibaba shares by $150 million. Furthermore, Alibaba's founder, Jack Ma, has been significantly bolstering his stake in the company, a move that starkly contradicts previous rumors of him divesting from Alibaba.

\n\n\n\n

Alibaba confirmed this news on the evening of January 23, which coincided with a surge of over 6% in the company's pre-market shares in the U.S.

\n\n\n\n

Alibaba has been one of the Chinese internet companies that most aggressively repurchasing its shares in the past year. In 2023, the company repurchased a total of 897.9 million ordinary shares (equivalent to 112.2 million American depositary shares) for a total of $9.5 billion. As of December 31, 2023, under the board of directors' authorized share repurchase plan, Alibaba still retains a repurchase allowance of $11.7 billion, which is valid through March 2025.

\n\n\n\n

\n","publishedDate","2024-01-24T09:51:46.000Z","featured",false,"viewCount",0,"readingTime",1,"status","draft","language","en","originalWordPressId",163265,"featuredImage","featuredImageUrl","https://assets.pandaily.com/uploads/2023/04/未命名的设计-32.jpg","categories",[40],{"_11":41,"_42":43,"_15":44,"_45":46,"_47":48},"u9uewvwvdfl4hd8yy6xyqkwq","name","News","news","color","#000000","description","","tags",[51,56,59],{"_11":52,"_42":53,"_15":54,"_45":55,"_47":48},"d93dhsf37ni748u8e3l4tsbt","Alibaba","alibaba","#6366f1",{"_11":57,"_42":58,"_15":58,"_45":55,"_47":48},"fdyidm66m6mqzk9griedd6sn","financing",{"_11":60,"_42":61,"_15":61,"_45":55,"_47":48},"jjcherd3tawq5qkxk0bp1ysp","stocks","createdAt","2025-06-24T22:24:46.558Z","updatedAt","2025-06-24T23:48:32.701Z","publishedAt","2025-06-24T23:48:32.738Z","locale","pagination",{"_71":28,"_72":73,"_74":28,"_75":28},"page","pageSize",12,"pageCount","total","currentPage","tag","tagSlug","actionData","errors"]

Tag: #stocks

Alibaba Confirms Major Share Accumulation by Jack Ma and Blue Pool Fund, Stock Soars