Jack Ma, the co-founder of Alibaba, has made a significant investment in the company by purchasing $50 million worth of shares in recent months. Additionally, Chairman Joe Tsai also bought $150 million worth of shares, bringing the total insider buys to at least $200 million. These substantial purchases have triggered a rally in Chinese internet stocks.

Financial journalist A.J. Button, with over 10,000 followers, highlighted the insider buys and their impact on the market. However, some investors expressed skepticism about the investment, citing the decline in Alibaba’s stock price over the past few years. Others raised concerns about the company’s current state compared to when Jack Ma was in control.

Despite the varying opinions, the significant investment by Jack Ma and Joe Tsai has undoubtedly sparked interest and discussions within the investment community. It will be interesting to see how these insider buys will influence the future performance of Alibaba and the Chinese market as a whole.

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