Alibaba plans $10B Hong Kong share placement
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Source: The Manila Times
Published: 2026-08-24 02:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Asia, Technology & AI, China, Financial Markets, Business & Economy, Asia Pacific, Technology
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Snippet:
CHINA’s Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence (AI)-related development.
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