Subscribe for more stock analyses and market updates: https://drwealth.beehiiv.com/subscribe Alibaba issued convertible notes to raise $4.5 billion. But it just gave out US$4 billion of dividends and bought back $9.5 billion worth of shares in 2023. It has over US$600 billion in cash and short term investments. It is not that Alibaba lack money. Why is it borrowing?...