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EconomyAlibaba Raises $10 Billion in Record Hong Kong Share Sale for AI

Alibaba raised HK$80 billion ($10.2 billion) in Hong Kong’s largest secondary share sale, highlighting its readiness to accumulate and deploy huge sums in an effort to lead globally in artificial intelligence.

AlibabaHong Kong stocksartificial intelligence

BBloomberg News★★★☆☆2026-08-24 03:36Original

Alibaba Raises $10 Billion in Record Hong Kong Share Sale for AI
Alibaba Raises $10 Billion in Record Hong Kong Share Sale for AIEconomy