Alibaba chair buys another 720,000 company HK shares
Alibaba chair buys another 720,000 company HK shares BEIJING, Aug 25 (Reuters) - Alibaba chairman Joe Tsai purchased another 720,000 Hong Kong shares of the company at an average price of HK$113.47 ($14.48) for a total of approximately HK$82 million on Tuesday, a stock exchange filing showed.
With this purchase, Tsai and CEO Eddie Wu have purchased in aggregate over HK$200 million ($26 million) worth of shares over the past two days.
($1 = 7.8381 Hong Kong dollars)
(Reporting by Beijng Newsroom;)
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