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On August 24, according to the latest information from the Hong Kong Stock Exchange, after Alibaba announced an HK$80 billion new share placement plan, Group Chairman Daniel Zhang and CEO Wu Yongming increased their holdings by a total of approximately HK$120 million in Alibaba shares, demonstrating confidence in the company's AI strategy. It is reported that Daniel Zhang purchased 720,000 shares of Alibaba's Hong Kong stock at an average price of about HK$112, costing approximately HK$80 million; CEO Wu Yongming bought 350,000 shares at an average price of about HK$111.6, costing around HK$40 million. Together, they increased their holdings by 1.07 million shares, totaling about HK$120 million. The day before, Alibaba announced an HK$80 billion new share placement, with all proceeds to be invested in full-stack AI capabilities and AI infrastructure development. Reports indicate that the placement was actively subscribed by global sovereign wealth funds and other long-term investors, ultimately achieving nearly three times oversubscription. Market observers believe that the management's decision to increase their holdings in their personal capacity the day after the placement announcement reflects their strong confidence in the company's AI strategy.

Market data shows that AERO has surpassed $0.50, currently priced at $0.51, with a 24-hour increase of 13.33%. The market is highly volatile, so please ensure proper risk management.

On August 24, South Korea's top financial regulatory body announced that it will accelerate discussions related to cryptocurrency legislation and plans to introduce the South Korean version of the Digital Asset Basic Law this fall. The bill is expected to establish regulatory rules concerning stablecoin issuance, licensing for virtual asset service providers (VASPs), Bitcoin ETFs, and other areas.