the e-commerce giant Alibaba Group said on Friday it would spend $15.5 billion to support the president’s campaign Xi Jinping to spread China’s prosperity more evenly, increasing the promises of tech companies that are under pressure to pay for the Communist Party’s policy initiatives. With the news, Alibaba shares fell 3.57% in Hong Kong. In New York, the shares retreated 1%. Alibaba said it will invest in 10 projects to create jobs, “take care of vulnerable groups” and technological innovation. Its 100 billion yuan ($15.5 billion) pledge includes 20 billion yuan ($12.5 billion) for a fund to “cut income inequality”…