Joseph Tsai flies to Berlin as Alibaba navigates AI capital shifts

Joseph Tsai flew from Newark to Berlin on June 10, 2026 aboard his Gulfstream G700, tail VP-COR, covering 3,900 nautical miles in just over seven hours. The trip follows a string of recent flights that have taken Tsai from Hong Kong to Nanjing, then across Europe through Prague and Budapest over the past two weeks.

Tsai arrives in the German capital the same week mainland Chinese investors are pulling record sums out of Hong Kong equities to chase a nearly 40% surge in the tech-heavy STAR 50 Index, according to Bloomberg-compiled data reported this week. As Alibaba’s executive vice chairman and a director who just received a grant of 120,000 restricted share units vesting from July 1 — per a Form 4 filing on May 29, 2026 — Tsai’s presence in Berlin likely touches on the company’s broader strategy to balance its Hong Kong listing with the pull of onshore AI enthusiasm.

The trip also continues a pattern of European stops that began in late May, suggesting a working tour that combines Alibaba board business with the kind of face-to-face meetings Tsai has long favored since co-founding the company in 1999. [wikipedia.org](https://wikipedia.org/wiki/Joseph_Tsai) [stocktitan.net](https://www.stocktitan.net/sec-filings/BABA/form-4-alibaba-group-holding-ltd-insider-trading-activity-bb9cb26704e3.html) [dailyalo.com](https://dailyalo.com/chinese-investors-dump-hong-kong-stocks-as-mainland-ai-boom-triggers-massive-capital-flight/)