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EconomyAlibaba shares slide after $10.2 billion AI share sale at sharp discount

Alibaba shares fell sharply in Hong Kong on Monday after the Chinese company launched a $10.2 billion share sale at a steep discount to fund its AI ambitions. Investors focused on dilution and execution risks.

AlibabaHong Kong stocksartificial intelligenceshare sale

RReuters★★☆☆☆2026-08-24 05:15Original

Alibaba shares slide after $10.2 billion AI share sale at sharp discount
Alibaba shares slide after $10.2 billion AI share sale at sharp discountEconomy