Friday, 28 August 2026 · World
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Nº 48 Friday, 28 August 2026 · World Edition
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Bitcoin rally and Alibaba share purchases: the numbers moving markets

Business - South China Morning Post · 1h ago · 🇨🇳 China
Bitcoin rally and Alibaba share purchases: the numbers moving markets

Bitcoin and gold rallied this week as the size of America’s sovereign debt continued to haunt global financial markets. Meanwhile, Alibaba Group Holding’s top executives and founder Jack Ma bought back shares, and Shein announced plans for a smaller Hong Kong initial public offering than previously expected. Here are some of the figures that have drawn the most market attention this week. Founder, executives buy over HK$800m of Alibaba shares Alibaba founder Ma, chairman Joe Tsai and CEO Eddie...

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