Alibaba launches $10B Hong Kong share placement to fund AI spending

2026-08-23 18:57 • ;Reuters
A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.
Read More Here: https://nypost.com/2026/08/23/business/alibaba-launches-10b-hong-kong-share-placement-to-fund-ai-spending/