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    Alibaba to issue HK$80 billion in new shares for global AI push

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    Source: South China Morning Post
    Published: 2026-08-23 15:18 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Technology & AI, China, World News, Technology
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    Snippet:
    The Chinese tech giant announced it will issue HK$80 billion in new shares to fully fund its global AI push
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