Alibaba shares fall 8% after $10 billion Hong Kong share sale

Reported by CNA Business (Asia) · Published 24 Aug 2026, 9:53 AM MYT (1 hr ago)

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Dollar trades near multi-month lows, restrained by debt nerves 50 min ago Alibaba raises US$10bil for AI in record Hong Kong share sale 56 min ago Alibaba shares fall 8% after $10 billion Hong Kong share sale 1 hr ago Bursa opens higher on resilient domestic demand 1 hr ago Alibaba set to open down 8% in Hong Kong after $10.2 billion share placement plan 1 hr ago Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI 1 hr ago

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Alibaba shares fall 8% after $10 billion Hong Kong share sale

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