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🟠 Jack Ma: Make Alibaba Great Again?

Reading time: 4 min 31 sec

☕️ Good morning, friends,

We sometimes get some pretty weird feedback from our community (😘), but nothing tops this story:

A South Korean man called the police more than 58,000 times in less than two years — often with wild tales.

He admitted he was lonely, drank too much, and got into the habit of using the police as a late-night helpline while drunk. Now he faces up to five years in prison or a fine of about 7,000 dollars.

P.S. Yesterday we sent out the very first edition of our weekly AI newsletter — and you loved it. 🥳 Sign up here if you haven’t already.

MARKETS

Highlights

Hong Kong stocks rebounded after two days of losses, with the Hang Seng gaining despite typhoon conditions. Key drivers were Alibaba (+8.2%) after Cathie Wood’s investment and strong gains in SMIC (+5.7%). Mainland markets also advanced, with the CSI 300 up 1%.

In Tokyo, the Nikkei continued its record run, closing at 45,630 (+0.3%), supported by optimism over AI investments and new data center plans from OpenAI, Oracle, and SoftBank.

In Singapore, the SGX is increasingly becoming a launchpad for Chinese firms expanding into Southeast Asia — with 20% of its listings already from China and more IPOs expected.

TOP BIT

🙋‍♂️ Jack Ma makes a comeback — and markets cheer

The Ali-Papa is back

Alibaba is back in the spotlight (and portfolios). New AI initiatives, global data centers, and fresh product launches recently sent the stock up nearly 10%.

Adding to the excitement: the return of founder Jack Ma. He may hold no official title, but he is once again shaping the company’s strategy in a big way.

The Details

📈 Market baba: Alibaba’s Hong Kong- and U.S.-listed shares climbed to a …

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