Alibaba’s Jack Ma, Joe Tsai Pledge Shares for Loans, FT Reports

Bloomberg2021-07-02

(Bloomberg) -- Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Syin23
2021-07-02
Syin23
Seem like no good.. [難過]
KVCGTan
2021-07-02
KVCGTan
Any concern on this news, guys?
Vilianty Luo
2021-07-02
Vilianty Luo
Like and comment
- Vilianty Luo:
  comment
Sushi__
2021-07-02
Sushi__
Like pls. Thank you!
- Vilianty LuoReplymyJb:
  commeny
- JeremyO:
  ok
- myJb:
  Done

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1125498032?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-02 15:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1125498032","market":"us","top_or_hot":-1,"title":"Alibaba’s Jack Ma, Joe Tsai Pledge Shares for Loans, FT Reports","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-jack-ma-joe-tsai-064725338.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba’s Jack Ma, Joe Tsai Pledge Shares for Loans, FT Reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba’s Jack Ma, Joe Tsai Pledge Shares for Loans, FT Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 15:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alibaba-jack-ma-joe-tsai-064725338.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-jack-ma-joe-tsai-064725338.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BABA","symbol_name":"阿里巴巴","start_time":0,"source_url":"https://finance.yahoo.com/news/alibaba-jack-ma-joe-tsai-064725338.html","article_id":"1125498032","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1125498032","pubTimestamp":1625210213,"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"(Bloomberg) -- Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai ple","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BABA":"阿里巴巴"},"translate_title":"据英国《金融时报》报道，阿里巴巴-SW马云、蔡崇信以股票质押贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":0.9},"content_text":"(Bloomberg) -- Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant loans from banks, the Financial Times reported, citing company documents.\nThe share pledges were made by offshore companies controlling more than half of the duo’s stake in Alibaba, which stood at 5.8% as of December, according to the FT. The documents didn’t disclose the amount of the share pledges, which began when Alibaba listed in the U.S. in 2014.\nThe two billionaires pledged their shares to banks including UBS Group AG, Credit Suisse Group AG and Goldman Sachs Group Inc., the newspaper reported.\nAlibaba told the FT that co-founder Ma and his affiliates currently did not have any loans outstanding collateralized by the company’s shares. In Vice Chairman Tsai’s case, his outstanding loans backed by shares were easily manageable, with prudent loan-to-value ratios to provide a substantial cushion against triggering a margin call, the report cited Alibaba as saying.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":156766070,"gmtCreate":1625237234490,"gmtModify":1703739199212,"author":{"id":"3566638874866921","authorId":"3566638874866921","name":"Syin23","avatar":"https://static.tigerbbs.com/5fe07bbe04f288a17e760d8b275d427f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566638874866921","authorIdStr":"3566638874866921"},"htmlText":"Seem like no good..&nbsp;[難過]&nbsp;","listText":"Seem like no good..&nbsp;[難過]&nbsp;","text":"Seem like no good.. [難過]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156766070","repostId":1125498032,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":156464458,"gmtCreate":1625234673074,"gmtModify":1703739062140,"author":{"id":"3570938362108330","authorId":"3570938362108330","name":"KVCGTan","avatar":"https://static.tigerbbs.com/2126be6bc046089345232547cb51d38a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570938362108330","authorIdStr":"3570938362108330"},"htmlText":"Any concern on this news, guys?","listText":"Any concern on this news, guys?","text":"Any concern on this news, guys?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156464458","repostId":1125498032,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156634853,"gmtCreate":1625216804272,"gmtModify":1703738553672,"author":{"id":"3571889549699411","authorId":"3571889549699411","name":"Vilianty Luo","avatar":"https://static.tigerbbs.com/5108b9bca44d22aa3390fdceb93735cf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571889549699411","authorIdStr":"3571889549699411"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156634853","repostId":1125498032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101252,"gmtCreate":1625216816581,"gmtModify":1663230432627,"authorId":3571889549699411,"author":{"id":3571889549699411,"idStr":"3571889549699411","authorId":3571889549699411,"name":"Vilianty Luo","avatar":"https://static.tigerbbs.com/5108b9bca44d22aa3390fdceb93735cf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156634853,"type":1,"supId":0,"prevId":0,"content":"<u>comment</u>","text":"<u>comment</u>","html":"<u>comment</u>"}],"langContent":"EN"},{"id":156889140,"gmtCreate":1625210557080,"gmtModify":1703738424237,"author":{"id":"3576117016717305","authorId":"3576117016717305","name":"Sushi__","avatar":"https://static.tigerbbs.com/a0cf978c30326a9a36749f913b33ab2e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576117016717305","authorIdStr":"3576117016717305"},"htmlText":"Like pls. Thank you!","listText":"Like pls. Thank you!","text":"Like pls. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/156889140","repostId":1125498032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101253,"gmtCreate":1625216824331,"gmtModify":1663230431933,"authorId":3571889549699411,"author":{"id":3571889549699411,"idStr":"3571889549699411","authorId":3571889549699411,"name":"Vilianty Luo","avatar":"https://static.tigerbbs.com/5108b9bca44d22aa3390fdceb93735cf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3587004288709571,"repliedAuthor":{"id":3587004288709571,"idStr":"3587004288709571","authorId":3587004288709571,"name":"myJb","avatar":"https://static.tigerbbs.com/4b9d12e537d15441f75fd564e778cc33","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":156889140,"type":1,"supId":5100638,"prevId":5100672,"content":"<u>commeny</u>","text":"<u>commeny</u>","html":"<u>commeny</u>"},{"id":5100638,"gmtCreate":1625211562515,"gmtModify":1663230426256,"authorId":3577352574692957,"author":{"id":3577352574692957,"idStr":"3577352574692957","authorId":3577352574692957,"name":"JeremyO","avatar":"https://static.tigerbbs.com/733a7de2eec0063dddeecd95d14df764","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156889140,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":5100672,"gmtCreate":1625212027880,"gmtModify":1663230426256,"authorId":3587004288709571,"author":{"id":3587004288709571,"idStr":"3587004288709571","authorId":3587004288709571,"name":"myJb","avatar":"https://static.tigerbbs.com/4b9d12e537d15441f75fd564e778cc33","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156889140,"type":1,"supId":5100638,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":21,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1125498032"}