According to foreign media reports, Alibaba's board chairman, Jack Ma, has sold some of his NBA Brooklyn Nets shares to the Koch family for $688 million (about RMB 5 billion) at a valuation of $5.8 billion (about RMB 42.1 billion) for the Nets. Market analysis believes that Ma's partial divestment of Brooklyn Nets shares may be to devote more energy to Alibaba in the face of current challenges and fierce competition. (Securities Times)
蔡崇信出售篮网部分股权 市场分析：或为将更多精力投入阿里
Changxin Cai sells part of Nets equity, market analysis: may invest more energy in Alibaba.
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