By Alibaba Group –– On July 2, 2021, the Financial Times published a story with the headline “Alibaba’s Jack Ma and Joe Tsai pledge shares to global banks.” We take issue with the innuendos implied by the misleading characterizations of ordinary financial planning activities of our Company’s founders. Prior to publication of the article, we provided responses to the Financial Times to clarify their questions. However, the Financial Times chose to ignore the fact that Jack Ma has no outstanding loans collateralized by Alibaba …
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Source: The Loadstar
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