Alibaba rallies on Jack Ma's backing of record $10B share sale

Alibaba conducted a $10 billion share sale from 2026-08-24 to 2026-08-26 that drew initial investor scrutiny but rallied when founder Jack Ma publicly backed the offering on 2026-08-26. The sale proceeded amid US-China tensions over Iran sanctions.

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Alibaba's $10B Share Sale Draws Investor Scrutiny | The China Show | 8/24/2026

rss:bloomberg-marketsus_mainstream36d ago kagi ↗

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

Alibaba Rallies as Jack Ma Backs Record Share Sale | The China Show | 8/26/2026

rss:bloomberg-marketsus_mainstream34d ago kagi ↗

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)