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AI IntelligenceAug 24, 2026Secondary Market
Article

BABA

Alibaba priced a placement of 710 million new Hong Kong-listed shares at HK$112.70 each, raising HK$80 billion (US$10.21 billion) to fund AI infrastructure.

Data Cube AI EditorialSource: technode.com
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Source Brief

Alibaba priced a placement of 710 million new Hong Kong-listed shares at HK$112.70 each, raising HK$80 billion (US$10.21 billion) to fund AI infrastructure.

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