# Alibaba Raises $10 Billion in Record Hong Kong Share Sale

https://mins.news/en/video/30258

- Bloomberg Television, 2026-08-24 06:44 UTC
- Economy
- Original: https://www.youtube.com/watch?v=_GQINKMOnBo

> Alibaba raised HK$80 billion ($10.2 billion) in Hong Kong’s largest secondary share sale, issuing 710 million shares at HK$112.7 each. Its stock fell as much as 10% Monday morning, the steepest decline since April 2025.

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