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Ex-Alibaba VP Joins PINESTONE as Co-Chair
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PINESTONE (00804.HK) announced that Chairman Lee Chun Tung has been redesignated to Co-Chairman, while Lu Weixing has been appointed as Co-Chairman, both effective from October 23, 2025.

According to the announcement, Lu previously served as a Vice President of Alibaba Group and concurrently as the General Manager of the Alibaba Auction Business Division and the Alibaba Assets Business Division. He established Alibaba Auction and Alibaba Assets in 2012 and 2015, respectively.

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